resources efficiently and effectively. Management comprises planning, organizing, staffing, leading or directing, and controlling an organization or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources and natural resources. -wikipedia Management is responsibility for the performance of a group of people. -Harvard Business Review Responsible for overseeing and leading the work of a group of people. Responsible for leadership over a segment of work, a sub-section of the organizations results, or a functional area with or without reporting staff. 1. Organizing 2. Planning 3. Motivating 4. Communicating 5. Creating 6. Controlling 7. Problem Solving
It is the process of bringing together physical, financial and human resources and developing productive relationship amongst them for achievement of organizational goals. Organizing as a process involves: Identification of activities Classification of grouping of activities Assignment of duties Delegation of authority and creation of responsibility Coordinating authority and responsibility relationships It is the basic function of management. It deals with chalking out a future course of action and deciding in advance the most appropriate course of actions for achievement of pre-determined goals. Planning is necessary to ensure proper utilization of human and non-human resources. It is all pervasive, it is an intellectual activity and it also helps in avoiding confusion, uncertainties, risks, wastages etc. Motivation means inspiring, stimulating or encouraging the sub- ordinates with zeal to work. Positive, negative, monetary, non- monetary incentives may be used for this purpose. Motivation and direction channels the organizational behaviour towards attainment of corporate goals. It involves: Communication and explanation of objectives to the subordinates Assigning the performance standards Helping the subordinates through proper guidance and personal touch to meet the standard of performance Reward for superior performance: both financially and non- financially (ex. Appreciation letter, etc.) Fair play in praise and censuring the employees Management of change through proper communication and building confidence among different layers of management of workers. Coordination throughout directing and motivating process. Communication is the process of passing information, experience, opinion, etc., from one person to another. It is a bridge of understanding. Without communication, organizations would not function. If communication is diminished or hampered, the entire organization suffers. When communication is thorough, accurate, and timely, the organization tends to be vibrant and effective. Communication is central to the entire management process for four primary reasons: Communication is a linking process of management Communication is the primary means by which people obtain and exchange information The most time-consuming activity a manager engage in is communication Information and communication represent power in organizations.
Leadership entails a responsibility to create opportunity for others. And that role is largely about seeing the potential in people and projects, and creating a context where creativity can happen. 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. It has following steps: Establishment of standard performance Measurement of actual performance Comparison of actual performance with the standards and finding out deviation if any. Corrective action Creative problem solving is a key skill in every step of the functions of management, and by applying critical thinking, managers can effectively and creatively perform the functions of management. For achieving the organizations ultimate goal, management needs to work creatively in problem solving and execute the functions. The business plan of the event Starts with an executive summary and covers every detail Why do I need an event proposal? To be clear on what the event is all about To let everyone know all the details of the event To refer to it when questions arise during your absence. The proposal should be general enough to paint the overall picture yet specific enough for each party to be able to make decisions based on the details provided in the proposal. Introduction introducing your event. Sell your event by introducing the event concept, the event title and outline the event program by writing to impress Venue/Entertainment/Food & Beverage expand introduction and cover main questions about the event; answering 4Ws (who, what, where, when) Event logistics explaining the means to attaining the promises in the first two sections Finance budget proposal, anticipated expenses, anticipated revenue, and statement in how to report on finances and how often. Marketing presentation of general marketing strategy Key people all the key people involved