Principles and practice of management

The great French industrialist and management piorneer Henri Fayol first attempted to organize management knowledge around managerial functions. The four principal functions or duties of management are the processes of planning, organizing, leading and controlling (POLC).

Planning- deciding how best to allocate and use resources to achieve organizational goals.

Organizing- establiching a structure of relationships that dictates how members of an organization work together to achieve organizational goals.

Leading- Encouraging and coordinating individuals and groups so that all organizational members are working to achieve organizational goals

Controlling- Monitoring and evaluating individuals, froup, and organizational performance to see whether organizational goals are being achieved.


~Managerial Skills~
Conceptual skills- The ability to analyze and diagnose a situation and to distinguish between cause and effect.

Human skills- The ability to understand, work with, lead, and control the behavior of other people and groups.

Technical skills- Job-specific knowledge and techniques.

Goal must be SMART:
S- specific
M-measurable
A-attainable/achievable
R-relevant
T-timely

Efficiency- achievement if the ends with the least amount of resources
Effectiveness- achievement of objectives

From my dad's book and brother's text book..cool..i can read his book too..haha



The thicker the planning document, the more useless it will be--Brent Davies 1999