What is POSDCORB? 

POSDCORB, developed by Gulick and L. Urwick, is an acronym representing the 7 functions of managers:

• Planning
• Organizing
• Staffing
• Directing
• Coordinating
• Reporting
• Budgeting

What is the Planning Function of Managers? 

Working out in broad outline the things that need to be done and the methods for doing them to accomplish the purpose which is set for the enterprise.

What is the Organizing Function of Manageers? 

The establishment of the formal structure of authority through which work subdivisions are arranged, defined and coordinated for the defined objective of the organization.

What is the Staffing Function of Managers? 

The whole personnel function of bringing in and training the staff and maintaining favorable conditions of work. Both qualitative and quantitative.

What is the Directing Function of Managers? 

The continuous task of making decisions and embodying them in specific and general orders and instructions and serving as the leader of the enterprise.

What is the Coordinating Function of Managers?

Interrelating the various entities and processes of the work.

What is the Reporting Function of Managers?

Keeping those to whom the executive is responsible as well as subordinates informed through records, research and inspections.

What is the Budgeting Function of Managers 

Fiscal planning, accounting and control.