Saturday, May 22, 2010

Princple of management

Definition :-Process of overseeing and coordinating resources efficiently and effectively as to accomplish desired goal or objective of an organization.
By Doing:- Planning,Organizing, Leading, and Controlling.
Planning -To archive the objective or goal of an organization by doing the overall strategic or Plans.
Organizing- Determining what to be done; which is manager function, on focus of coordinate and control of tasks and the flow of information within the organization.
Leading- This involves motivating subordinates; selecting the most effective communication channels; resolving conflicts; and directing as well as guiding the actions of others with the intention of achieving all objectives. The effective leader of today has to be visionary in foreseeing the future, sharing the vision and encouraging employees in realizing the vision.
Controlling- To measure the performance and taking the right action, which is necessary as the organization objective and standard.

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