Leadership + Management

Planning

Management

Definition

A process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment

Planning, organizing, staffing, directing, controlling (*)

Achieving objectives requires skilled management

Managers

People in organizations who make decisions about the use of resources and who are concerned with ||^ (*)

Definition

A process of determining the organization's objectives and deciding how to accomplish them

Vision, mission, strategic management

Controlling

Definition

5 activities

Organizing

Definition

Structuring of resources and activities to accomplish objectives efficiently and effectively

Importance

Lines of authority

Communication

Competitiveness

Creates synergy

Staffing

Hiring people to carry out the work of the organization

Directing

Motivating, engaging and leading employees to achieve organizational objectives

Process of evaluating and correcting activities to keep organization on course

  1. Comparing performance against standards
  1. Identify deviations from standards
  1. Investigate causes of deviations
  1. Measuring performance
  1. Taking corrective action