What are the basic Concept of Management Functions and Role and responsibility Management Defined?

Whats are the basic functions of Management:How to Drive it:-

• Passion – have passion for your work, convey it to your people, and demonstrate it in your actions
• Integrity – establish, maintain, and promote core values; be fair, honest, and responsible
• Communication – regularly let stakeholders know what is going on by communicating coherently, completely, and compellingly to inspire, align, and motivate
• Knowledge – know as much as you can about your work, share your knowledge with others, and encourage them to do the same.
• Love – love what you do, love your people, and show love to the people with whom you interact.
• Empowerment – listen to, trust, and support your people.
• Service – serve your people, your organization, and your community.Acronym :PICKLES.

Whats the Roles and Responsibility of a Manager?

   Here are 10 Roles & Responsibilities of a manager:

1. Improve results for the assigned organization and for the larger enterprise.
2. Define, maintain, and execute the operational plan for the assigned organization.
3. Define, communicate, implement, and update processes for the assigned organization.
4. Define goals, measurements and rewards for the assigned organization, and regularly provide feedback, recognize, and reward team members.
5. Report regularly on the assigned organization's performance in meeting goals - to team members, peers, and enterprise leadership.
6. Implement detailed action plans for the people and projects in the assigned organization, including the manager.
7. Lead and serve the assigned organization's team(s), including hiring, reassignment, performance feedback, praise, and promotions.
8. Communicate regularly about the assigned organization's plans, performance, progress, successes, and failures.
9. Network and collaborate with other managers in the enterprise, and represent the assigned organization in meetings within the enterprise.
10. Model desired behaviors, practice what you preach, roll up your sleeves, get your hands dirty, and lead by example.

Whats are the FUNCTION OF MANAGEMENT?

Management in some form or another is an integral part of living and is essential wherever human efforts are to be undertaken to achieve desired objectives. The basic ingredients of management are always at play, whether we manage our lives or business. Management is a set of principles relating to the functions of planning, organizing, directing, and controlling, and the applications of these principles in harnessing physical, financial, human and informational resources efficiently and effectively to achieve organizational goals.

PODSCORB:

1. Planning :Planning is looking ahead. According to Henri Fayol, drawing up a good plan of action is the hardest of the five functions of management. This requires an active participation of the entire organization. With respect to time and implementation, planning must be linked to and coordinated on different levels. Planning must take the organization’s available resources and flexibility of personnel into consideration as this will guarantee continuity.
 2. Organizing:An organization can only function well if it is well-organized. This means that there must be sufficient capital, staff and raw materials so that the organization can run smoothly and that it can build a good working structure. The organizational structure with a good division of functions and tasks is of crucial importance. When the number of functions increases, the organization will expand both horizontally and vertically. This requires a different type of leadership. Organizing is an important function of the five functions of management.

3.Commanding:When given orders and clear working instructions, employees will know exactly what is required of them. Return from all employees will be optimized if they are given concrete instructions with respect to the activities that must be carried out by them. Successful managers have integrity, communicate clearly and base their decisions on regular audits. They are capable of motivating a team and encouraging employees to take initiative.

4.Co-Ordinating:When all activities are harmonized, the organization will function better. Positive influencing of employees behaviour is important in this. Coordination therefore aims at stimulating motivation and discipline within the group dynamics. This requires clear communication and good leadership. Only through positive employee behaviour management can the intended objectives be achieved.

 5. Staffing:Staffing involves selecting and recruiting the correct applicants for the job and facilitating their training and orientation while sustaining a promising work environment.

 4. Directing:Directing entails delegating structured and decision-making instructions and orders to accomplish them.

 6. Controlling:By verifying whether everything is going according to plan, the organization knows exactly whether the activities are carried out in conformity with the plan.

Control takes place in a four-step process:

1. Establish performance standards based on organizational objectives
2. Measure and report on actual performance
3. Compare results with performance and standards
4. Take corrective or preventive measures as needed

7.Reporting:Reporting contains frequently updating the superior about the improvement or the work-related doings. The information distribution can be through inspection or records.

8. Budgeting:Budgeting comprises of all the happenings that under Accounting, Auditing Control and Fiscal Planning.

Whats are LEVELS OF MANAGEMENT?

There are 3 levels of management:

1. Top Level of management consists of a board of directors, chief executive or managing director. The top management is the ultimate source of authority and it manages goals and policies for an enterprise. It devotes more time to planning and coordinating functions. The role of the top management can be summarized as follows -Top management lays down the objectives and broad policies of the enterprise. It issues the necessary instructions for the preparation of department budgets, procedures, schedules, etc. It prepares strategic plans & policies for the enterprise. It appoints the executive for the middle level i.e. departmental managers. It controls & coordinates the activities of all the departments. It is also responsible for maintaining contact with the outside world. It provides guidance and direction. The top management is also responsible for the shareholders for the performance of the enterprise.
2. Middle Level of Management: The branch managers and departmental managers constitute the middle level. They are responsible for the top management for the functioning of their department. They devote more time to organizational and directional functions. In small organizations, there is only one layer of the middle level of management but in big enterprises, there may be senior and junior middle-level management. Their role can be emphasized as -They execute the plans of the organization in accordance with the policies and directives of the top management. They make plans for the sub-units of the organization. They participate in employment & training of lower-level management. They interpret and explain policies from top-level management to the lower levels.They are responsible for coordinating the activities within the division or department. It also sends important reports and other important data to top-level management. They evaluate the performance of junior managers. They are also responsible for inspiring lower level managers towards better performance.
3. Lower Level of Management: The lower level is also known as the supervisory/operative level of management. It consists of supervisors, foreman, section officers, superintendent, etc. “Supervisory management refers to those executives whose work has to be largely with personal oversight and direction of operative employees”. In other words, they are concerned with the direction and controlling function of management. Their activities include -Assigning of jobs and tasks to various employees. They guide and instruct workers for day to day activities. They are responsible for the quality as well as quantity of production. They are also entrusted with the responsibility of maintaining good relations in the organization. They communicate employee's problems, suggestions, and recommendatory appeals, etc to the higher level and higher-level goals and objectives to the employees. They help to solve the grievances of the employees. They supervise & guide the sub-ordinates. They are responsible for providing training to the employees. They prepare periodical reports about the performance of the employees. They ensure discipline in the enterprise. They motivate workers. They are the image builders of the enterprise because they are in direct contact with the employees.