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latest SHRM-CP Practice Notes (Unedited).2021

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2019 SHRM – Notes Functions of Management (The management process) • Planning, organizing, staffing, leading, controlling Planning: • Establishing goals • Deciding in advance – wha ... t to do, when to do, and how to do. It bridges the gap from where we are and where we want to be • Deals with chalking out a future course of action and deciding in advance the most appropriate course of action. Organizing: • Delegation, assignment of responsibilities • The process of bringing together physical, financial, and human resources and developing a productive relationship amongst them for achievement of organizational goals. o Identification of activities o Classification of grouping of activities o Assignment of duties o Delegation of authority and creation of responsibility o Coordinating authority and responsibility relationships Staffing: • Recruiting, training, promotions • Involves manning the organization structure through proper and effective selection, appraisal and development of personnel to fill the roles designed in the structure o Manpower planning o Recruitment, selection, and placement o Training and development o Remuneration o Performance appraisals o Promotions and transfer [Show More]

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