ABM 1 Topic 3: Main Management Functions

Groups of people that may be affected by the actions, policies, and decisions of a particular organization

Stakeholders

The employees under the authority or control of a superior or manager in an organization.

Subordinates

The process of setting organizational goals, objectives, and strategies to achieve them. It involves assessing the current state of the organization, identifying future opportunities and challenges, and developing plans to address them.

Planning

It helps ensure that resources are allocated efficiently and that the organization moves in the desired direction.

Planning

Setting goals and objectives ● Formulating strategies and action plans ● Budgeting and resource allocation ● Forecasting and predicting future trends

Planning

Involves structuring and arranging the resources, both human and material, in a way that allows the organization to achieve its goals efficiently.

Organizing

Defining roles and responsibilities ● Establishing reporting relationships ● Creating organizational structures ● Allocating tasks and resources

Organizing

AKA Directing, involves guiding and motivating employees to achieve the organization's objectives. It's about influencing people to work towards common goals and ensuring that the work environment is conducive to productivity and cooperation.

Leading

Communicating and articulating a vision ● Providing guidance and supervision ● Motivating and inspiring employees ● Resolving conflicts and making decisions

Leading

The process of monitoring and evaluating the organization's performance to ensure that it aligns with the established plans and goals. It involves measuring results, comparing them to predetermined standards, and taking corrective actions when necessary

Controlling

Setting performance standards and benchmarks ● Monitoring progress and performance ● Identifying deviations from plans ● Implementing corrective actions

Controlling

“Senior Management” “Upper management”

Top Level

Define the Roles in Top Level: Managing Director CEO, COO, EVP, CB

Chief Executive Officer, Chief Operating Officer, Executive Vice President, Chairman of the Board

Extensive knowledge in management, multiskilled, and analytical

Top Level

Aware of the business environment

Top Level

Responsible for strategic, longterm decisions

Top Level

“Frontline managers” “supervisors”

Low Level

Directly oversee employees and tasked to carry information from middle manager

Low Level

Oversee daily operation for their respective areas Supervisors, Coordinator, Office Manager

Low Level