7. Management Process “POLC”
Planning, organizing, leading and controlling (POLC) are the four basic processes or functions of management that constitute the entire work of management. All these four processes are essential parts of management.
Planning - Establishing a set of organizational goals. Developing strategies and plans to achieve the stated goals
Organizing - Organizing is the function of management that involves identification of activities/ roles , developing an organizational structure (grouping activities into department), and allocating human resources to ensure the accomplishment of objectives (job delegation – authority, responsibility and accountability).
The structure of organization is usually represented by an organization chart, which provides a graphic representation of the chain of command within an organization.
- Typical structure – functional, divisional, matrix, mixed (see pro and con of each form)