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Modern Concept of Management Management is a process through which an organisation designs and maintains an environment in which individuals work together with the motive of achieving organisational goals effectively and efficiently. The three essential elements that come under the modern concept of Management are as follows: 1. Management is a 'Process': Management involves a series of int-related functions like planning, organising, staffing, directing, and controlling, which makes it a ... The function of stafing deals with providing staff as per the organization’s structure. The stafing function should assure that competent staff is provided to meet the current and future requirements of the enterprise. Enterprises focus on the continuous availability of competent staff as per requirements. The stafing function deals with various aspects connected with Human Resource Management (HRM). Directing is concerned with the interpersonal relations of managers and non-managers ... Learn about the five functions of management (planning, organising, staffing, directing and controlling) and their importance for achieving organisational goals. The web page also explains the meaning, nature and process of management with examples and steps. The five main functions of management are planning, organizing, staffing, directing, and controlling. They ensure structured operations, optimization, and goal achievement for the organizations to grow, adapt, and maintain efficiency.