Controlling in management is the systematic process of monitoring organizational performance, comparing it against established standards, and implementing corrective actions when necessary to ensure the achievement of objectives. It plays a pivotal role in keeping operations aligned with strategic goals, while ensuring optimal utilization of resources. The control process typically involves the following steps: 1.…
Directing in management involves guiding, motivating, and influencing employees to achieve organizational goals. The four key elements that form the foundation of this function are communication, supervision, motivation, and leadership. These elements are interdependent, collectively ensuring effective coordination and high performance within an organization. 1. Communication Communication is the process of transmitting and receiving information,…
Directing is a fundamental function of management, encompassing the processes of guiding, motivating, supervising, and leading employees to achieve organizational objectives. It is distinguished by its pervasive, continuous, action-oriented, and human-centric nature, integrating critical elements such as supervision, motivation, leadership, and communication. Through effective directing, organizations initiate action, align efforts, drive change, and maintain operational…
Importance of Directing in Management Directing is a vital managerial function that transforms plans into action by guiding, motivating, and leading employees toward organizational objectives. It ensures clarity of roles, alignment of efforts, and the optimum use of resources, ultimately contributing to sustained organizational success. 1. Initiates Action and Drives Performance** Directing sets organizational activities…
Directing is a fundamental function of management, encompassing the processes of guiding, motivating, supervising, and leading employees to achieve organizational objectives. It is distinguished by its pervasive, continuous, action-oriented, and human-centric nature, integrating critical elements such as supervision, motivation, leadership, and communication. Through effective directing, organizations initiate action, align efforts, drive change, and maintain operational…
The Government of India has formally withdrawn the Income-Tax Bill, 2025, which was introduced in the Lok Sabha on February 13, 2025, to replace the six-decade-old Income-Tax Act, 1961. A revised draft, incorporating the recommendations of the Select Committee chaired by BJP MP Baijayant Panda, is scheduled to be presented in the House on August…
Insider trading refers to the use of price-sensitive information by the insider/s of the company to make private gains or avert private losses at the cost of investors not having access to such information. The insider means a person who may reasonably be expected to have unpublished price sensitive information in respect of securities of…
The primary objective of staffing is to ensure that an organization has the right number of qualified individuals, equipped with the necessary skills and abilities, in appropriate positions at the right time, to achieve its strategic goals. This involves a series of activities such as recruitment, selection, training, and development to build a capable, motivated,…
Definition: Human Resource Development (HRD) is a systematic process aimed at enhancing the skills, knowledge, and abilities of employees to improve their performance and contribute to organizational objectives. It includes activities such as training, mentoring, and career development, with the goal of optimizing human capital and fostering a culture of continuous learning. 1. Key Aspects…
A performance appraisal—also referred to as a performance review or employee appraisal—is a structured process for evaluating and documenting an employee’s job performance. It measures contributions, skills, and accomplishments against predefined criteria and organizational objectives, providing a foundation for feedback, development, and decision-making. 1. Purpose Performance appraisals aim to: 2. Frequency Appraisals may be conducted:…