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Date Submitted: 08/12/2011 07:46 AM
Planning
Planning is specifying the goals to be
achieved and deciding in advance the
appropriate actions taken to achieve
those goals. Planning activities include
analyzing current situations,
anticipating the future, determining
objectives, deciding what types of
activities the company will engage in,
choosing corporate and business strategies, and determining the resources needed to achieve the
organization's goals. The outcome of the planning process is the organization’s strategy.
b. Organizing
Organizing is assembling and coordinating the human, financial, physical, informational, and other
resources needed to achieve goals. Activities include attracting people to the organization, specifying job
responsibilities, grouping jobs into work units, marshalling and allocating resources, and creating conditions
so that people and things work together to achieve maximum success. The outcome of organizing is an
organizational structure.
c. Leading
Leading is stimulating people to be high performers. It is directing, motivating, and communicating with
employees, individually and in groups. Leading involves close day-to-day contact with people, helping to
guide and inspire them toward achieving team and organizational goals. Leading takes place in teams,
departments, divisions, and at the tops of entire organization. The outcome of leading is a high level of
motivation and commitment.
Human Resource Management (MGT501) VU
Copyright © Virtual University of Pakistan 8
‘Managing is like holding a dove in your hand.
If you squeeze too tight, you kill it. Open your
hand too much, you let it go’ - T. Lasorda
Dr. Mukhtar Ahmed
ORGANIZATIONAL
GOALS
Planning
Leading
Controlling
Organizing
HUMAN
RESOURCES
INFORMATION
RESOURCES
PHYSICAL
RESOURCES
FINANCIAL
RESOURCES
The Management Process
d. Controlling
Comprehensive plans; solid organization, and outstanding leaders do not guarantee success. The fourth
functional controlling, monitors...