Explain the basic management functions. Enumerate the roles, tasks and responsibilities of a Manager
Management is a critical aspect of organizational success, involving a set of functions that help plan, organize, lead, and control resources to achieve specific goals. The basic management functions, often referred to as the P-O-L-C framework (Planning, Organizing, Leading, and Controlling), provide a comprehensive approach to understanding the responsibilities of managers within an organization.
1. Planning:
- Role: The manager's role in planning involves setting organizational goals, defining strategies to achieve them, and developing plans to coordinate activities.
- Tasks:
- Conducting environmental analysis to identify opportunities and threats.
- Setting organizational objectives and goals.
- Formulating policies, procedures, and programs to achieve objectives.
- Allocating resources effectively.
2. Organizing:
- Role: The organizing function involves structuring the organization and allocating resources to implement the plans effectively.
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