...Four Functions of Management Quashawna Bond BSHS November 30, 2010 Paige Cooke When many hear the word “management” they often think in relation to the workplace. However, management can take place in the presence of your own home; by delegating specific chores to family members and ensuring that they are carried out as planned. Management is defined as the acts of getting people together to accomplish desired goals and objectives efficiently and effectively. In order for any organization to run properly, calls for the development of management concepts; the basic four that will be addressed is planning, organizing, leading, and controlling. I believe that each function is of equal importance; however, planning serves as the basis of management. All other functions are built around the planning process. I think of planning as an act of formulating a program for a definite course of action; in which calls for the determination and implementation of a course of action to obtain goals and objectives of an organization. Planning requires management to evaluate where the company is currently, and where it would like to be in the future ( n.d. ). I’ve learned overtime that planning is a never ending process within an organization. Take my organization for example, I serve as a director of a daycare facility; I am always modifying...
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...There are four functions of managment which are planning, organizing, leading and controlling. Managers use these functions everyday in order to maintain balance within the work place. It is said that the functions must be performed efficiently for the success of ones business. All of these functions together are call the management process. Planning is a important part of management it actually is the first and base part of the process. With planning understanding where the company is trying to go with its goals and depending on how big the manangment is some stategies may get completely changed or modified. The business in which I work has a lot to do with planning ahead of time. You have to know what the consumer is going to be looking for and whats in and whats not. My business is selling Nikes and Jordans in which everyone has there own taste, but planning out the right product to bring in the building is a big deal. My job has plenty of examples of planning that we use like marketing planning, project planning, and sales planning. Organizing happend to be an very good function to a certain person within an organization. To be an effective manager organizing must become an very important role in duty as a manager. As a manager you have to know how to organize not only all your duties such as paper work and cleaning, but also you have to know how to manage the people you have with in your company. With people you have to know their strengths adn weaknesses to...
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...Lindenwood University Four Functions of Management Management Concepts Michelle Combs Principles of Management Dr. William Dean 29 January 2015 Michelle Combs Dr. William Dean Principles of Management 29 January 2015 Outline Management: Four Functions of Management in a Business Thesis: Management in the world, whether big or small, is accomplishing goals for the company he or she work for. To be a successful business or organization depends on how well management utilizes the four function of management, rather it is effectively of efficiently. To understand better the fundamental function of management, one must define management. The four functions are planning, organizing, leading, and controlling. I. Planning is the first function of management. A. Strategic planning is the process of analyzing. B. Tactical planning is the intermediate process. C. Operational planning assumes the existence of goals. II. Organizing the function which managers are coordinating. A. Building the organization. B. Attracting people to the business. C. Creating conditions for people to work together. III. Leading is stimulating people to be high performers. A. Leading is the day to day contact with people. B. Inspiring the team to achieve goals. C. Focus on motivating the team. IV. Controlling is the function that monitors performance. A. Implementing the plans of the organizations. B. Making sure that the...
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...Four Functions of Management Functional management is an essential part of any business. There are four fundamental functions that are a part of management. The four functions of management are planning, organizing, leading, and controlling. The management functions are interdependent of each other and if one function ignores the other functions, management will not be effective. Planning is the function that deals with the needs of an organization. Part of planning is specifying what strategy is best for the organization and how to employ that strategy. This includes assessing the current market conditions, predicting future events, create objectives, deciding what production will occur, and figuring out what resources the organization will need to make the plan happen. Plans are the foundation of any organization’s operating goals. In the self-storage industry planning is a crucial step in setting up a site. Factors such as size, cost, unit mixture, and fixed expenses are the main goal of planning. The types of units offered have to be figured out and how many of each size is an important part. If there are few sizes or too many of one size the property will not be efficient in meeting customers’ needs. Shopping the competition will help in knowing what an appropriate price is to charge. Knowing what the fixed costs are is important in setting up a financial plan for the company. Organizing is the function of management that involves the human, financial, and other resources...
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...FOUR FUNCTIONS OF MANAGEMENT Within every business structure are managers. No matter the type of business, a manager’s job is essentially the same across the board but there are four functions of management to consider regardless of the leadership style. In short, those four functions are to plan and implement plans to achieve the organization’s goals, to organize those plans while directing employees in their own roles and ultimately controlling the plan to function as an effective manager. Planning: The manager’s main duty is to determine what the organization’s goals are and what actions to take in order to achieve those goals. Think of it like a football coach creating a playbook to help his team reach the Super Bowl (or something like that). A manager is responsible for creating a ‘game plan’ to reach a specific goal. For example: A weekly plan may include meetings, creating employee schedules or receiving a report that details statistics. These are all actions that a manager plans to implement on a weekly basis. Organizing: Whether it is the employees or resources, the manager is responsible for organizing the daily functions of it all. What shifts are needed? How many employees per shift? Are the employees reaching their set goals? If not, why? These are only a few of the questions asked in the organization process of the management functions. This process can also be considered the backbone of all the management functions due to the fact that this step is more direct...
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...I read the article “Management Concepts-The Four Functions of Management”, written by Jayashree Pakhare. This article is on the four functions of management, but really there are five functions. The four primary functions are: Planning, Organizing, Directing/Leading, Controlling, and the fifth function is staffing. Planning is the base of which all other areas of management are built. It requires administration to assess where the company presently is and where it would be in the coming years. In strategic planning, management analyses internal and external factors that may affect the company, along with its objectives and goals. One primary tool used in strategic planning is SWOT Analysis. It is a technique that helps organizations find their strengths and weaknesses, identify areas of opportunity, and take preventive measures against threats arising from both internal and external environmental factors. Before planning the appropriate measures should be taken: set objective goals, develop planning premises, recognize limitations, have a plan period, formulate strategies and policies, perform operational planning, and review and appraise plans. Organizing is the second function of management and it involves getting prepared and organized. Management must organize all their resources beforehand to follow the course of action decided during the planning process. They have to try to find the best way to handle the important tasks and reduce unnecessary expenditure within their...
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...The Four Functions of Management Loren Cohen Lynn University Leadership and Management of Business Organization MBA600 Dr. Lisa Miller September 02, 2013 The Four Functions of Management The four functions of management are an important part of being an effective manager. Some managers are only proficient in one or two of the four functions and not the others (Bateman & Snell, 2013). When this is the case, you as a manager are not performing as effective as you could be, as you are not capturing all of the necessary areas of successful management. The best managers are those that can be both effective and efficient. Those that do this while working with both people and resources to achieve the company’s goals are the successful ones. The four functions that you should be familiar with and practicing are planning, organizing, leading, and controlling (Bateman & Snell, 2013). Planning Planning in management is to prepare for in advance the proper course of action to take to achieve the company’s goals and objectives (Phulpoto, Shah, & Shaikh, 2012). Planning involves where you are now and where you want to be in the future and should be the foundation upon which all areas of management should start. Preparing in advance for the unknown and sometimes uncontrollable environment that management faces (Phulpoto et al., 2012). Planning also described, as ‘delivering strategic value’ that at times can be very complex (Bateman & Snell, 2013). Value...
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...The Four Function of Management Milton Turnbull MGT/230 November 4, 2013 Mohammad Yunus The Four Function of Management The fundamental management principle is the hub that drives successful management practices in the business environment today. These fundamental function of management planning, organizing, leading, and controlling when apply positively can only bring success in any business environment. Planning is the function that drives the rest of the management functions toward success in an organization. It layout the guidelines that the other function of management feed on for a successful business operation. The activities that surround planning create a step by step list of resources to analyze current and future situation that will affect the organization internal operation. The management function that assembles financial, human, and informational resources is the function in management call organization. It is consider to be one of most valuable resources in any organization. The ability to transform employees through communication and motivation over time into performing their jobs achieving organization goal is the management function called leading. Leading today comes with a combination of encouraging employees to share ideas whether as a group or individual to develop new ways to make the organization successful. Controlling the fourth function of management managers effectively carry out to make employees keep by the set goals of the organization...
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...Four Functions of Management A successful manager is one that leads his company to a stated objective by using all means available for accomplishing it by known procedures, guidelines and resources accessible. In order to reach this concept four functions are recognized. The four functions of management stated are planning, organizing, leading and controlling. Each of these functions helps the manager in a specific manner to aid in his managerial role. Many recommend following these four steps in order to achieve the success anticipated for future plans of the company. All four of these functions need to be given an equal amount of time as they are important elements in any organization field. Planning is setting your ultimate goal, plan and task it in a convenient way. First goals need to be set, then strategies and standards need to be implemented, last resources have to be obtained and collected. The manager later needs to assign chores and goals for the employees to undertake in the next step in the heirachary. This is implemented in staffing agency by having a fore plan of the suitable candidate requirements; a goal set, and guided steps one needs to use to choose him/her. It usually answers the following question: What is the current situation in hand? What is the destination I want to reach? How do I reach this goal? In many situations the plans need to be changed, therefore usually a DOM (Daily Operations Manual) is used recommending employees to read through them everyday...
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...The Four Function of Management MGT/230-Management Theory and Practice Mandy Kinsclaird Robin Professor Arnold Bereson University of Phoenix May10, 2013 Management is described as a process of working with people and resources to accomplish organization goals. The function of management involves planning, organizing, controlling; and leading. There are factors that can influence and affect each functions. Effective planning is essential to the organization and its overall success. Planning identify the goals that have to be achieve and the means to achieving these goals. The manager is responsible for analyzing current situations, objectives, business strategies; future trends, and determining the resources that will be used and needed. Valve is the monetary amount gained from services that meets customers and client’s needs (Bateman and Snell, 2009)). Achieved goals are accomplished through assembling and coordinating financial information and other resources. The text describes organizing function as building a dynamic organization. This can be accomplished when people are working together to achieve the maximum success and by using skilled collaboration. Leading involves motivation, communication, guiding, and inspiring members to achieve certain goals. Managers should have leadership skills. They should also be able to encourage people to share their ideas and input during schedule business meetings. Controlling is another function which is needed...
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...Four Functions of Management Rental Management Incorporated uses the four functions of management in its operations. The main objective of an organization is to achieve its mission. In order for the organization to reach its max potential, it needs to include the foundation of the four functions of management: planning, organizing, leading, and controlling. The understanding of the functions and how the organization uses them in its day-to-day process is important among the management team. Rental Management Incorporated, RMI, uses the four functions as a foundation to its success. The management team is the team that works with the people and resources to accomplish the organizational goals set in the four functions of management: planning, organizing, leading, and controlling. It is important to use each of them with one another to have the organization to function properly. Planning The first function of management is the planning function. An organization needs the planning process to develop the mission of the organization and the main objectives to take place. This function continues to expand upon the ideas of what the organization should entail and how it is to be established among the organization for success (Adam, 2009). The planning stage is the process of delivering strategic value from top-level management into the organization. Organizing The strategic management, also known as top-level management, begins the function of organizing. This management...
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...The Four Functions of Management Marlowe McConnell MGT 330 January 13, 2013 Kathleen Dominick The Four Functions of Management Management requires a person to think strategically and organize a plan in order to be successful and build a lasting relationship with both the company that they work for and the team that they are leading. To achieve this, managers needs to implement the four functions of management; planning, organizing, leading, and controlling. The four functions of management are used in all industries and all management should effectively understand and utilize this skill to be the most productive and successful. Planning is the first step in the four functions; managers should create a detailed action plan aimed at some organizational goals (Education Portal, 2013). A plan should have a detailed set of goals to be achieved and the actions needed to reach those goals. The plan can be revised as goals are met or objectives change. The plan should include the objectives needed to reach the goal, obstacles that may arise, actions to reach the goal and to deal with obstacles, alternative courses of action, derivative plans, motivational tools, and how to implement a course of action. Strategic plan, tactical plan or an operational plan are usually implemented by the different levels of management in order to reach the different goals of an organization. A strategic plan would include the entire organization and a formulation of different objectives...
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...FOUR FUNCTIONS OF MANAGEMENT By: Michael pepper MGT/330 03/26/2012 Instructor: Donald driscoll Four Functions of Management The objective of this paper is to explain and define the four functions of management which are planning, organizing, leading, and controlling, I will be including an explanation of how each function relates to the organizations in which I am a part of, the company I work for is pizza shuttle, I deliver pizza’s and help close the store, if the manager did not utilize the functions then there would be issues with the production in the work place. Functions of Management Functions of Management is basically the smooth operation of well planned material in the steps to achieving the goal of the desired plan, such as if we were going to orchestrate a car wash, first we would need a group of employee’s who could as a team complete each wash and rinse so that the customer doesn’t feel as though the money spent is wasted. In the scenario in which a group is working together the main goal would be to work together and not get off the track of achievement. According to Spindler (2008),“If a customer has reached the point of frustration to sit on hold while fuming over a technical issue. The last dilemma a customer wants to deal with is attempting to communicate a problem and trying to help the recipient on the other end to understand” (p .). As in this quote the author is speaking of a company which needs some different planning for the operation...
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...The Four Functions of Management Christopher Bayles MGT/330 September 18, 2011 Bill Escue In this paper the objective is to examine the four functions of management, and illustrate their use in the everyday work environment. Numerous people say management has more functions. "In the early twentieth century Henri Fayol identified five elements of administrative management: planning, organizing, coordinating, commanding, and controlling" (Andrews, Winter 2004, p. 6). Not until "1973 in the book Professional Management, Louis Allen identified functions" (Andrews, Winter 2004, p. 6) into four "basic functions of management: planning, organizing, leading, and controlling" (Andrews, Winter 2004, p. 6). To understand better what they mean, it is imperative to identify management and split the functions into separate categories. According to Bateman and Snell (2009) "management is the process of working with people and resources to accomplish organizational goals. People might ask how can this be done successfully" (p. 19). The simple conclusion is to implement the four functions. In the first function, planning is indicating goals of a business and coming to a decision on the suitable measures needed to accomplish them. "Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed...
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...Four Functions of Management The four fundamental functions of management are planning, organizing, leading, and controlling. Every one of these functions assists in running an organization, and they play a large role in the success or downfall of a business. The duty of every manager is to create an effective and efficient company. It is difficult for a manager to be skillful in all four functions of management. For this reason a company needs to hire skillful leaders, who can achieve successfully all these functions. This paper will define the four functions of management individually and will explain how each function relates to the organization I work for. According to Bateman and Snell (2009), planning requires analyzing the situation, determining the goals that will need to be pursue, and deciding in advance the procedures needed to follow so the goals can be achieved. The success or fail of a project depends on how skilful the manager is in regards to planning. All the four functions of management are important and go hand on hand, but planning serves as a base for any project that the organization will undertake. It is fundamental for a manager to plan ahead and also to take into consideration globalization and technology. I work for a company called Five Star Parking. It is one of the major parking companies of the nation. The company has successfully grown in the last 25 years because of the way management plans, organizes, leads, and controls the company...
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