What does POSDCORB stand for?
POSDCORB stands for Planning, Organizing, Staffing, Directing, Coordinating, Reporting, and Budgeting. It is a management concept developed by Luther Gulick and Lyndall Urwick in the early 20th century. It outlines the key functions of management and is often used as a framework for understanding and implementing managerial practices within organizations. Each component of POSDCORB plays a crucial role in the effective functioning and success of an organization.
This mind map was published on 26 April 2024 and has been viewed 30 times.
