Basic functions of management
Management operates through various functions, often classified as planning, organizing, leading/motivating and controlling.
Planning: deciding what needs to happen in the future (today, next week, next month, next year, over the next 5 years, etc.) and generating plans for action.
Organizing: making optimum use of the resources required to enable the successful carrying out of plans.
Leading/Motivating: exhibiting skills in these areas for getting others to play an effective part in achieving plans.
Controlling: monitoring -- checking progress against plans, which may need modification based on feedback
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