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Student's Book Form Five

helps in identifying different activities what extent the progress has been made.
and responsibilities to be undertaken by This information is important as it informs
different units within the company as well the management on issues that may need
as the individuals or employees involved in intervention by adjusting or correcting any
the realization of the company objectives. deviation where necessary.
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Staffing: Staffing as a function of Leading: Leading refers to a process of
management is focused on the process inspiring workers and influencing the way
of how the right employees for the right they operate and relate to each other in
positions are recruited as well as proper implementing the company goals. It focuses
allocation of roles or assignments to the on how people or groups of people who
right individuals. Also, staffing is involved are tasked to undertake activities within
in the development of employees through the company are to be guided, motivated,
training, allocation of remuneration and and supervised to realize organisational
other benefits that may facilitate employee’s objectives.
performance. Despite the company’s management
Coordinating: Coordinating ensures that functions, the success of a company
different departments and groups work depends on the collective efforts of its key
in collaboration. Coordination signifies stakeholders such as shareholders, board
the conscious and rational process of of directors, and workers; who have to
pulling together the different parts of an work in harmony towards shared goals and
organisation and unifying them into a aspirations as follows:
team to achieve predetermined goals in an (a) Shareholders: These are the owners
effective manner. It is said to be the essence of the company who are driven
of management since it binds all the other by the desire to maximise their
functions of management. It comprises of investment returns. They elect
integration, unification, harmonisation, and directors and entrust them with the
synchronisation to provide unity of action task of corporate governance on
for pursuing common company goals. their behalf.

Controlling: Controlling ensures that (b) Board of directors: These serve as
activities are executed in line with the the highest organ of the company
company’ objectives. The controlling which provides guidance and
process plays an important role as it helps leadership to management. Directors
to set standards of measuring performance are responsible for making strategic
against set objectives. Through controlling, decisions that not only safeguard
evaluation of the performance of the pre- the interest of the company but also
determined activities are established against enhance shareholders’ value. Through
the actual performance to determine to their oversight role, directors make

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