|Definition||:||Planning, Organizing, Staffing, Directing, Coordinating, Reporting and Budgeting|
|Category||:||Business » Business Management|
What does POSDCORB mean?
POSDCORB is a word composed of the initials of the functions and activities of the chief executive officer. The seven management functions according to POSDCORB model are: Planning, Organizing, Staffing, Directing, Co-ordinating, Reporting and Budgeting.