What is management process? Describe various steps of management process with the help of an example

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Management process is a series of fundamental steps to manage any activity, business or project in order to produce optimum results as per the defined strategy and vision. Management process includes steps to plan, organize, staff, lead and control the resources to completely manage any particular task, project or business on an ongoing basis. These processes need to be carried out by managers or business leaders to ensure they are able to meet the business requirements with maximum efficiency.

Functions of Management Process: Planning, Organizing, Leading, Controlling:--

• Planning and Decision Making: Determining Courses of Action,
• Organizing: Coordinating Activities and Resources,
• Leading: Managing, Motivating and Directing People,
• Controlling: Monitoring and Evaluating activities

1. Planning and Decision Making – Determining Courses of Action

Looking ahead into the future and predicting possible trends or occurrences that are likely to influence the working situation is the most vital quality and manager’s job. Planning means setting an organization’s goals and deciding how best to achieve them.

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Degree : PG DIPLOMA PROGRAMMES
Course Name : Post Graduate Diploma in Hospital and Health Management
Course Code : PGDHHM
Subject Name : Introduction to Management
Subject Code : MHH 101
Year : 2022