Managerial functions refer to the specific tasks of a manager. They usually involve decision making, interpersonal relationships, and information transfer. The four essential managerial functions are planning, organizing, directing, and controlling.
- Planning
- Organizing
- Leading
- Controlling
In the planning function, managers set goals and set strategies. They also develop plans to coordinate activities.
Responsibility for organizing functions includes determining what tasks should be done and who should do it. The manager also decides how to group various jobs, who reports to whom, and who will make decisions.
The leading function not only directs the activities of subordinates but also motivates them. Managers need to choose the most effective communication channels and resolve conflicts.
Controlling functions include monitoring performance and comparing them with objectives. When it is not appropriate, they should correct the deviation.
