PODC : Plan, Organize, Direct, Control
Managers plan, organize, direct, and control resources to achieve specific goals.
- In planning, they set goals and determine the best way to achieve them.
- Organizing means allocating resources (people, equipment, and money) to carry out the company’s plans.
- Directing is the process of providing focus for employees and motivating them to achieve organizational goals.
- Controlling involves comparing actual to expected performance and taking corrective action when necessary.
A similar complementary accronym, more “action oriented”, is PDCA : Plan, Do, Check, Adjust.