Course Content
OVERVIEW OF MANAGEMENT
Definition and importance of management Functions of management Managerial roles Evolution of management thought Types of management environment
0/6
PLANNING FUNCTION
Meaning and importance of planning Principles of planning Purpose of planning Types of plans Planning tools Process of planning Planning challenges Making plans effective Management by objectives
0/10
ORGANIZING FUNCTION
Meaning and Importance of Organizing Structure and Designs of Organizations Principles of Organizing Process of Organizing Delegation Coordination Centralization and Decentralization Informal Organizations
0/9
STAFFING FUNCTION
Meaning and Importance of Staffing Human Resource Planning Recruitment and Selection Training and Development Performance Management Reward Management Separation
0/8
DIRECTING FUNCTION
Meaning and Importance of Directing Leadership Motivation Communication Group Dynamics Conflict Management
0/7
CONTROLLING FUNCTION
Meaning and Importance of Controlling Elements of Control Characteristics of Effective Controls Control Process Role of Control in an Organization Tools of Controlling
0/7
STRATEGIC MANAGEMENT
Overview of Strategic Management SWOT Analysis Strategy Formulation Strategy Implementation Strategy Evaluation
0/6
EMERGING ISSUES AND TRENDS
Organization Culture Ethics and Social Responsibility Managing Innovation and Change Diversity and Inclusion Corporate Governance Globalization
0/7
Principles and Practices of Management
About Lesson

The following stages, according to Koontz and O’Donnell, must be done in order to make planning effective:

  1. Create a conducive environment for planning: A conducive environment must be created in order for operations to run smoothly, systematically, and according to schedule. It’s not a good idea to leave planning to chance. Top managers must be able to remove hurdles to planning by following a step-by-step procedure. This can be accomplished by setting clear objectives, preparing realistically, and providing necessary information and personnel help at various levels as needed.
  2. Top management support: Because planning is widespread in nature, the concept of planning must begin at the highest levels of the organization. In other words, planning cannot begin unless and until top management endorses the concept and gives it constant attention. They must be willing to lend a hand anytime it is needed.
  3. Equal Participation: Plans can only be accomplished if employees understand the concept and are willing to participate in all aspects of the process. As a result, it is vital to gain approval and commitment from all members of the organization.Encourage subordinates to participate in the planning process as a strategy to enhance commitment. When people are active in creating goals and selecting how to achieve them, planning comes to life.
  4. Effective communication: Nothing in the organization can be accomplished unless and until a proper and well-developed communication network exists, thus goals, premises, and policies must be adequately communicated to employees. People must understand what they are expected to do, when, how, and where they are intended to accomplish it. The deadlines must also be informed ahead of time.
  5. Integration: All strategies must be properly balanced and connected with the organization’s Mission Statement. They must be supportive of one another and not work in opposition to one another. Every effort should be made to ensure that as little time and resource is wasted as possible, so that the benefits of planning outweigh the costs.
  6. Strict monitoring: Given the dynamic character of the environment, which includes both internal and external changes, plans must be reviewed and evaluated on a regular basis. Keeping the strategy as flexible as feasible is the greatest method to ensure proper monitoring.
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