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PART
4
| MANAGEMENT PROCESS: OVERVIEW
Management Functions Identified
Henri Fayol (1925) first identified the management
functions of planning, organization,
command, coordination, and control. Luther Gulick
(1937) expanded on Fayols managementfunctions in his
introduction of the seven activities of management
- planning, organizing,staffing, directing, coordinating,
reporting, and budgeting- as denoted by the
mnemonicPOSDCORB.Although often modified (either
by including staffing as a management function
orrenaming elements), these functions or activities have
changed little over time. Eventually,theorists began to refer
to these functions as the management process.The management
process, with brief descriptions of the five functions for each
phase of the management process follow:1.)
Planning encompasses determining philosophy, goals,
objectives, policies, procedures,and rules; carrying out
long- and short-range projections; determining a fiscal
course of action; and managing planned change.2.)