The steps involved in the process of management
which should be followed by Max Power Ltd are:
(i) Planning In this step. Max Power Ltd. plans everything before action. This step helps in determining objective, forecasting and formulation of policies.
(ii) Organising Once the plans are formulated in an
organisation, the next step is organising which means providing all necessary things for its functioning—raw materials, tools, capital,
(iii) Staffing In this step, right person is placed at the right job according to the need of work force which is required to achieve the organisational goals.
(iv) Directing At this stage, actual work is started as it implies initiating or instructing employees to act.
(v) Controlling This step helps in binding the efforts at every step. It ensures that the organisation is moving on the right track to achieve its goal.
The various functions of manager are usually performed in the order given above, suggesting that a manager first plans. In reality, managers me rarely able to carry out these functions in isolation.
The activities are interrelated and it is often difficult to pinpoint where one ended and the other began, e.g. while performing the staffing function, HR Managers have to plan for the future manpower requirements, recruitment, selection, etc, all at the same time.
Thus, management functions are continuous and interrelated, with no pre-determined sequence