In a new IT startup with 50 employees, discuss the significance of each managerial function (planning, organising, staffing, directing, controlling) and give at least two examples for each function.

Step-by-step solution

1. Define planning as setting objectives and deciding actions.
2. Give example: creating a product launch schedule.
3. Give example: preparing a budget for the first year.
4. Define organising as arranging resources and responsibilities.
5. Give example: setting up an R&D department structure.
6. Give example: creating HR hierarchy for 50 staff.
7. Define staffing as acquiring and developing people.
8. Give example: hiring 10 software developers.
9. Give example: conducting training workshops.
10. Define directing as guiding and motivating employees.
11. Give example: facilitating Agile sprint meetings.
12. Give example: conducting performance reviews.
13. Define controlling as measuring performance and taking corrective action.
14. Give example: monitoring monthly KPIs like code quality.
15. Give example: conducting quality audits of software releases.

Concept tested: Significance of managerial functions

Published 7 October 2026 · How this solution was prepared and checked