Quarter 1 | Lesson 1. Nature and Concepts of Management Flashcards
the process of coordinating and overseeing the work performance of
individuals working together in organizations, so that they could efficiently
accomplish their chosen aims or goals.
Management
Management covers the
whole organization and is present in every area in the organization
For management to be successful, these are required to carry out
Coordination, efficiency, and effectiveness
a significant person whose role is different from other
employees in the organization. The managerial functions are performed by them
Manager
functions needed in order to accomplish the management process of coordinating
and overseeing the work performance of individuals working together in
organizations
Management Functions or Functions of Management
Functions of management
Planning, organizing, staffing, leading, and controlling
Involves determining the organization’s goals
or performance objectives, defining strategic
actions that must be done to accomplish them,
and developing coordination and integration
activities.
Planning
Demands assigning tasks, setting aside funds,
and bringing harmonious relations among the
individuals and work groups or teams in the
organization.
Organizing
Indicates filling in the different job positions in
the organization’s structure; the factors that
influence this function include: size of the
organization, types of jobs, number of
individuals to be recruited, and some internal
or external pressures
Staffing
Entails influencing or motivating subordinates
to do their best so that they would be able to
help the organization’s endeavor to attain their
set goals.
Leading
Involves evaluating and, if necessary,
correcting the performance of the individuals
or work groups or teams to ensure that they
are all working toward the previously set goals
and plans of the organization.
Controlling
The management functions namely: planning, organizing, staffing, leading, and
controlling—will be wasted if
coordination, efficiency, and effectiveness are not practiced by an organization’s appointed managers
the harmonious, integrated action of
the various parts and processes of an organization
Coordination
being able to yield
the maximum output from a minimum amount of input
Efficiency
being
adopted to produce an effect, or being able to do things correctly
Effectiveness
ensures that all individuals, groups, or teams
are harmoniously working together and moving toward the accomplishment of the
organization’s vision, mission, goals, and objectives
Coordination
refers to
the optimal use of scarce resources—human, financial, physical, and mechanical—
in order to bring maximum productivity
Efficiency
means “doing things
correctly” when engaged in activities that will help the organization attain its aims.
Effectiveness
Creator of the Scientific Management Theory
Frederick W. Taylor
Years of Frederick W. Taylor
1856-1915