There are four functions of management in the P-O-L-C framework.
Creatively solving business problems is the primary challenge faced by organizations and managers.Managers can tackle business challenges using the principles of management.
The P-O-L-C framework is one of the four major functions of management.
The most important function of management is planning, which involves setting objectives and determining a course of action for achieving them.The managers who are best aware of environmental conditions facing their organization are the planners.Managers should be good decision makers.
Planning involves selecting missions and objectives and the actions to achieve them.Future courses of action are chosen from among alternatives.
The strengths and weaknesses of the organization are analyzed in strategic planning.How to position the organization to compete effectively in their environment is part of the process.
The lager strategic plan is being created by tactical planning.These plans are carried out by middle-level managers.
Operational planning usually covers the entire organization's goals and objectives and puts into practice the ways and action steps to achieve the strategic plans.They are usually less than a year.
The next phase in the management cycle is to organize the people and resources necessary to carry out the plan after a manager has created a work plan.In order to maximize returns with minimum expenditure, organizing should consider resources and physical facilities.
The framework of the organization is created within which effort is coordinated allocating human resources to ensure the accomplishment of objectives.An organizational chart is a graphic representation of the chain of command within an organization.
Roles and responsibilities of individual jobs and the process of carrying out the duties are defined.
Organizational at the level of a particular job involves how best to design individual jobs so as to most effectively utilize human resources.Job design used to be based on principles of division of labor and specialization, which meant that more narrow the job content, the more proficient the individual would be.
As organizations grow, they need more co-ordination and control.To cope and manage such situations, leadership is needed to influence people to cooperate towards a common goal and create a situation for collective response.