LESSON 1
NATURE AND CONCEPTS OF
MANAGEMENT: Definition and
Functions of Management
CHAPTER I
Nature and Concepts of Management
LEARNING OBJECTIVES:
• Explain the meaning, functions, types, and
theories of management.
THINK ALOUD!
When you hear the word
MANAGEMENT
what comes to your mind?
Leadership
Taking charge
Control
Planning
Giving orders
Giving direction
Governing
Coordinating
MANAGEMENT
•is the process of coordinating and
overseeing the work performance of
individuals
working
together
in
organizations, so that they could
efficiently accomplish their chosen aims
or goals.
•Management
covers
the
whole
organization and is present in every area
of the organization.
•For management to be successfulcoordination,
efficiency,
and
effectiveness are required to carry it
out.
MANAGER
• is a significant person whose role is different from
other employees in the organization.
• The managerial functions are performed by the
manager.
• All organizations—no matter the kind, size, or
location—need good managers in order to
successfully achieve their organizational goals and
objectives.
FUNCTIONS OF MANAGEMENT
•Planning
Involves determining the organization’s
goals or performance objectives,
defining strategic actions that must be
done to accomplish them, and
developing
coordination
and
integration activities.
•Organizing
Demands assigning tasks, setting
aside funds, and bringing
harmonious relations among the
individuals and work groups or
teams in the organization.
•Staffing
Indicates filling in the different job
positions in the organization’s structure;
the factors that influence this function
include: the size of the organization,
types of jobs, number of individuals to
be recruited, and some internal or
external pressures
•Leading
Entails influencing or motivating
subordinates to do their best so
that they would be able to help
the organization’s endeavor to
attain their set goals.
•Controlling
Involves evaluating and, if necessary,
correcting the performance of the
individuals’ work groups or teams to
ensure that they are all working
toward the previously set goals and
plans of the organization.
Coordination, Efficiency, and Effectiveness:
•Management functions when applied to
organization and management are defined
as functions needed in order to accomplish
the management process of coordinating
and overseeing the work performance of
individuals
working
together
in
organizations.
•The management functions will be
wasted if coordination, efficiency,
and effectiveness are not practiced
by an organization’s appointed
managers.
COORDINATION
•is the harmonious, integrated action of
the various parts and processes of an
organization.
•It ensures that all individuals, groups, or
teams are harmoniously working together
and moving toward the accomplishment
of the organization’s vision, mission, goals,
and objectives.
EFFICIENCY
•is being able to yield the maximum
output from a minimum amount of
input.
•It refers to the optimal use of scarce
resources—human, financial, physical,
and mechanical— in order to bring
maximum productivity.
Effectiveness
•is being adopted to produce an effect,
or being able to do things correctly.
•It means “doing things correctly” when
engaged in activities that will help the
organization attain its aims.
Identification:
1. It is the process of coordinating and
overseeing the work performance of
individuals working together in organizations
so that they effectively accomplish their
chosen aims/goals.
2. Management functions include _________,
_________, ________, _________, and
_________________.
3. It is the filling-up of the different job positions
in the organizational structure.
4. It is the assigning of tasks, setting apart of
funds, and bringing harmonious relations
among individuals and work groups/teams in
the organization
5. It is the influencing/motivating of others to do
their best so that their work efforts result in
the achievement of organizational goals.
6. It is defined as harmonious,
integrated action of the various
parts and processes of an
organization.