MANAGEMENT TERMS

PRESENTED BY-

ASHRAFUL HODA

Ashraful.hoda01@hotmail.com

DIRECTING

• Directing is a process in which managers instruct, guide & oversee the performance of workers to achieve goals.

• Directing consists of process by which instructions can be carried out as

planned.

CHARACTERISTICS OF DIRECTING

• Pervasive function• Continuous activity• Human factor• Creative activity• Executive function• Delegate function

ELEMENTS OF DIRECTION

• Supervision Guiding & directing efforts of employees

to accomplish stated work outputs.• Motivation It is a complex force starting & keeping

person at work.• Leadership It is a process of influencing behavior of

others to work willingly for achieving goals.

• Communication It is the transfer of information, ideas &

thoughts between people.

CONTROLLING• Controlling consists of verifying whether

everything occurs in conformities with plans adopted, instructions issued & principle established.

• Controlling measures deviation of actual performance from standard performance, discovers causes of deviation & helps in taking corrective action .

• Controlling has two basic purposes 1. It facilitates coordination 2. It helps in planning.

FEATURES OF CONTROLLING

• End function • Pervasive function • Forward looking • Dynamic process• Related with planning

EFFECTIVE CONTROL SYSTEMS

• Control at all levels in business • Acceptability to those who enforce decisions• Balance between objectivity and subjectivity• Coordinated with planning organizing and

leading• Cost effectiveness• Understandability• Flexibility• Timeliness• Accuracy

CO-ORDINATION

• Co-ordination is an orderly pattern of group efforts to ensure unity of action in pursuit of common objectives.

• It is the task of blending activities of individual and group efforts to maximize contribution towards the

accomplishment of common goals.

CHARACTERISTICS OF CO-ORDINATION

• It is not a distinct function but the very essence of management.

• It is basic responsibility of management and can be achieved through managerial function .

• It Does not arise spontaneously .• It involves fixing the time and manner of

performing activities.• It is an dynamic process.

NEED AND IMPORTANCE

• Efficiency and effectiveness.• Unity of direction.• Human relations.

• Quintessence of management.

DECISION MAKING • Decision making is a key roll of any

leader in management .• To make right decisions , you must be

experienced. PROBLEMS IN TAKING DECISIONS• Fear of failure.• Procrastinating

• Lack of clarity.

STEPS OF TAKING RIGHT DECISION

• PROBLEMS DEFINITION.• ASSESS THE IMPLICATION.• EXPLORE DIFFERENT PERSPECTIVES.• GET CLEAR ON IDEAL OUTCOME.• WEIGH UP PROS AND CONS.• DECIDE AND ACT.

CONCLUSION• Thus we can conclude that

Directing ; Controlling ; Coordination & Decision Making are the key factor of Management.

• They are the 4 basic pillar of any Management Strategy.

THANK YOU