MANAGEMENT
PROCESS
Licenciatura: Contadura Y finanzas
Materia: Ingls II
Grupo: R009
Nombre del Docente: Francisco Rodrguez
M.
Nombre del Estudiante: Gerardo De Paz
Robles
Fecha: 17Abril 2017.
DEFINITION OF MANAGEMENT PROCESS
Process management is the ensemble of
activities of planning and monitoring the
performance of a business process.
The term usually refers to the management
of business processes and manufacturing
processes.
PLANNING
It is the basic function of management. It deals with chalking out a future
course of action & deciding in advance the most appropriate course of
actions for achievement of pre-determined goals.
According to KOONTZ, Planning is deciding in advance - what to do, when to
do & how to do.
ORGANIZING
It is the process of bringing together physical, financial and human resources
and developing productive relationship amongst them for achievement of
organizational goals.
a. Identification of activities.
b. Classification of grouping of activities.
c. Assignment of duties.
d. Delegation of authority and creation of responsibility.
DIRECTING
It is that part of managerial function
which actuates the organizational
methods to work efficiently for
achievement of organizational
purposes.
a. Supervision
b. Motivation
c. Leadership
d. Communication
CONTROLLING
It implies measurement of
accomplishment against the
standards and correction of deviation
if any to ensure achievement of
organizational goals. The purpose of
controlling is to ensure that
everything occurs in conformities
with the standards.
a. Establishment of standard
performance.
b. Measurement of actual
performance.
c. Corrective action.
CONCLUSION
The management process is a series of steps that are carried out to achieve
the objectives, whether personal or business, these steps are the planning,
organization, direction and control; Through these steps we can reach the
goals as a company and if this process is not implemented the company will
not be able to realize its goals.
REFERENCES
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