Planning, Organizing, and Leading are the key functions for successful management of the performance of a business organization among other functions like controlling, staffing, communicating, motivating etc. These functions are inter-related with each other. They play important…
Failure of these functions cause failure of the organization.
Planning is the first tool and core area of all functions of the management. It acts as a base for all other functions to be built. Planning is nothing but a logical thinking of a planner to give shape for immediate and future needs to achieve the goals of the organization. Planning shows the present status of the organization and projects how it would look like in the future. It is a design of today for tomorrow’s action. Continuous planning development is imperative and enhances the organizational effectiveness and efficiency. It is subject to change because of both internal and external factors. Planning should be done by a qualified person in time and any delay can cause problems within the organization. The person makes the planning like a blue print anticipating the problems and incorporating the actions to avoid them. More management decisions are based on the planning. Planning can be made for short, medium and long terms as well as for inside-out, outside-in, top-down and bottom-up. The planning can be technical, organizational, tactical, operational, strategic etc.
Organizing is the next basic function of the management that follows planning. It ensures for execution of plans and objectives achieved. It is a function that coordinates not only among human, physical and financial resources but between authority and task responsibility as well. Organizing clarifies who is supposed to do what and who reports to whom together with
channels of communications. It is the responsibility of the management to organize and use all resources available for implementation of the course of actions and arrangement of materials envisaged in planning to achieve the goals and objectives of the organization. The organizing effectiveness depends much upon the degree to which the organization supports its people to achieve the goals and ...
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