...Management Planning Paper Samuel K. Mims MGT 330 Roxanne Bates July 26th, 2011 Management planning is the most important function of management because it is the foundation for the organization. The planning function of management is the management function of systematically making decisions about the goals and activities than an individual, a group, a work unit, or the overall organization will pursue. Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities for the company 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 to achieve the organization’s goals (Bateman & Snell, 2008). When it comes to a huge corporation such as Boeing, the planning function becomes even more important because there are so many different divisions within the corporation that must be accounted for. In Boeing’s case, they are a multinational corporation that provides their services all throughout the world so they have to plan on a worldwide scale which is a much more difficult task than planning as a domestic company. Boeing’s planning functions are well thought out and executed to the fullest of their ability as they are very focused on their stakeholders needs, motivating their workforce, enabling teams, requiring alignment...
Words: 1386 - Pages: 6
...Management Paper Leadership and Organizational Behavior Keller Graduate School of Management DeVry University Abstract The importance of building high performance public and private originations is stressed. Human capital and the development of organizational capabilities and core competencies are fundamental to creating high performance organization in today’s highly competitive environment. In order to develop high performance organizations many of the traditional bureaucratic approaches to management need to be discarded and replace by approaches which move information, knowledge, power, and rewards to employees. DeVry University Management Problem If organizations need evidence that it is time for them to create a new approach to organizing and managing their businesses, they need only look around them to see how the business environment has changed and how many previously successful organizations are failing. Simply stated, the level of competition today requires high levels and continuous improvement of organizational performance in four critical areas: − The quality of goods and services − The cost of producing goods and services − The speed with which products and services are brought to market − Innovation in the development of new products and services In the past, companies had some slack in one or more of these four performance areas. If an organization could get a product out quickly, customers would pay more for it and...
Words: 1842 - Pages: 8
...Management: The final frontier. These are the stories of the company ACCO. Its lifelong mission (77 years and going): to explore new cities and states, to seek out new ways of cooling and heating the world, and to boldly become a billion dollar company before the year 2020. To achieve these goals, ACCO will be required to have not only the best management personal in place, but the men and woman in these roles must be great leaders’ not just managers. It has been said that “The principal object of management should be to secure the maximum prosperity for the employer, coupled with the maximum prosperity for each employee,” (Taylor, 1911, p. 3). As Frederick Taylor (1911) also wrote, “Scientific management fundamentally consists of certain broad general principles, a certain philosophy, which can be applied in many ways.” (p. 13). It is my opinion that at least one of the executives that works for ACCO Engineered Systems (Bill), could greatly benefit from most if not all of the theories of scientific management. According to Henry Mintzberg (1975), “Managers are responsible for the work of the people of their unit. Their actions in this regard constitute the leader role.” (p. 15). Bill always seems far too involved in his own personal accomplishments to take the time to encourage someone or give credit for a job well done. Warren Bennis's understanding into the characteristics that make great leaders has changed modern management processes and methods a great deal...
Words: 1386 - Pages: 6
...Management History and Dimensions of Organization Culture Grace Mejia January 15, 2011 According to the tenth edition of the Publication Management, Smith (1776), p. 25, there are two significant events in the history of management which are the Adam Smith’s Wealth of Nations and the Industrial Revolution. They have played a very essential role of management in today’s work environment in the organizations. The “Smith Wealth of Nation” method which is the division of labor has been a very essential role in today’s workplace. It is useful because almost every organization applies this method. Everyone is divided to a different task of the organization to accomplish only related task certain area. The big advantage is the individual becomes proficient in doing that job sometimes might receive training to become more up-to-date to serve the customer better or to learn new technology. The person becomes more productive and it brings satisfaction to his particular job. On the other hand, if there was no job specialization, the worker would become bored with the monotonous routine and would not recognized incentive for learning; there will be no results of innovation and production would probably decrease. There might not bring satisfaction from the job. Individuals become more innovative when they concentrate on specific task. Therefore being specialized in a task brings greater satisfaction to self and to the organization. The great advantage to the managers...
Words: 1060 - Pages: 5
...Functions of Management “Being an effective manager is no easy task by any means, and no matter what field you are operating in, basic management principles remain the same for business administration and management” Thadani (2010). In every aspect of our lives, we see the four functions of management interrelated. Just like any organization, in order for our life to run smoothly, we may use the four functions of management without even realizing it. The same techniques of planning, organizing, controlling or leading are used whether you are planning, school, work, volunteering, a birthday party, or vacation. Over the last 23 years, I have interacted with various businesses, and nonprofit agencies. I have learned that the four functions of management and three levels apply to everything in life, including small nonprofits. I am the founding executive director at the agency I work for. I have a deputy director, two program managers, and 10 line staff. As the Executive Director, I am ultimately responsible for the agency operation. I work closely with our deputy director who is primarily responsible for the financial integrity of the agency. In partnership, we both work on planning, organizing, leading, and coordinating. Planning As the ED, It is my responsibility to make sure we are meeting the needs of our clients and achieving out goals. I need to make sure we keep on the latest trends, new techniques, trends, trainings, products, and...
Words: 814 - Pages: 4
...governance will help the company to put in measures that will encourage staff members to ensure that the integrity of the company shows in the work and the distribution of Tyco products (Tyco, 2011). In order to remain successful Tyco’s must use methods of placing policies within the departments, so that staff members will know what is expected from them. These policies will state the exact task of each staff member to ensure a positive image of the company. Lacking of the governance, would lead to the company not being able to make a pleasant statement to each of the staff members about what is expected of them. Staff members knowing what is expected of them will assure the long-term success of the company. Planning of Management Planning of management include many steps that must be followed so that any business can maintain efficiency and...
Words: 999 - Pages: 4
...Functions of Management Paper University of Phoenix Management theory, Application, and Practice October 25, 2010 Functions of Management Paper This paper identifies the four functions of Management and their relations to a combined government and military job. The four functions of management are Planning, leading, organizing, and controlling (Timmreck, 2009). The paper identifies how internal stakeholders of Norfolk Naval Shipyard apply the four functions of management. It is apparent that these four functions of Management within both military and civilian organizations have simulularities and work together to accomplish their goals. The United States Navy is a military service that receives orders from higher servicemen of rank to complete various missions at sea. The word “goals” in the military is not used; instead they use the words “Objective or Mission.” Norfolk Navy Shipyards is a Navy ship repair facility in Portsmouth Virginia since 1767 (October 25, 2010), which applies the four functions of management in its own way. Norfolk Navy Shipyard repair facility repairs and overhauls Navy ships and uses the words, agenda, commitments, and plan of actions instead of the word “goals” when conducting both administrative and mechanical work. Government and Military Internal Stakeholders The Norfolk Naval Shipyard’s internal stakeholders are government employees including the military, superintendents, directors, and supervisors. These stakeholders...
Words: 839 - Pages: 4
...Running head: FUNCTIONS OF MANANGMENT PAPER Functions of Management Paper MGT-330 Management Theory, Practice, and Application July 21, 2010 Joe O. Omokheyeke Functions of Management Paper This paper will define the four functions of management planning, organizing, leading and controlling while including an explanation of how each functions relates to the authors own organization. Directors and mangers that have the authority and responsibility to make decisions for an organization is the term known as management (BusinessDictionary.com, 2010). All organizations have in place a set of goals to achieve for the success of company. All managers must possess the ability to the four functions of management allow a company to plan and handle decisions set forth this is the foundation of management. With the four functions of management, existing there must be a form of control in all areas of management. Planning is the act of analyzing a situation and being able to determine the needs of a company of organization. Organizing is the act of to appropriately bringing together the resources needed to complete a task and the ability to coordinate those tasks with employees. Leading is being able to motivate employees and stimulate high success within a company or organization. Controlling is the act of watching the progress and work of a company and then taking the necessary actions to correct any issues within a company or organization. Planning in the author’s organization...
Words: 790 - Pages: 4
...Power-Aware Linear Programming Based Scheduling For Heterogeneous Computer Clusters This paper presents power aware scheduling policy for Heterogeneous Clusters. In general, in performance optimization of computer clusters, energy consumption has been mostly neglected, which is an important factor. Reduction of energy consumption in computer cluster is a necessity because cooling equipment is not a good idea as electricity costs are growing at a faster rate. This policy provides significant energy savings. In this paper, it is also suggested that a power-aware policy for structured systems only requires knowledge of the ranking of machines with respect to their power efficiencies and structured systems are a special kind of heterogeneous systems that are common for cluster environments. II. WORKLOAD MODEL In this model a dedicated front end scheduler is used to assign incoming tasks to back end machine. If the number of machines be J and tasks are classified into i classes. Let α be the arrival matrix rate and the ith element of α isαi. Assuming tasks of class i reaches front end at αi. In this model, the expected task execution time is estimated by classifying the groups or classes with identical distribution. The policy considered here is an estimate on mean execution time rather than exact execution time. Let μi,jbe the execution rate for tasks of class i at machine j, hence 1/μi,jis the mean execution time for class i tasks at machine j. III. CURRENT POLICIES The...
Words: 1092 - Pages: 5
...Memory Management Paper JJ Barnes POS/355 Version 9 April 15, 2013 John Buono Memory Management Paper As any person utilizes a computer system, what appears to be a simple click-and-point user interface is actually a symphony of data management being controlled by both memory and process management. At their simplest form, the data manager is how the computer system stores and recalls date collected from the user and the process manager controls the processes and systematic applications with the data. This paper will further define both of these managers and discuss their functionality and purpose. Without these two important key pieces, the computing of today would be impossible. Before a process manager can be discussed, the memory manager should be explained. The computers today are multitaskers. They are constantly running multiple processes at any given time. Stallings (2102) stated “Effective memory management is vital in a multiprogramming system” (306). What does the memory manager do with the data that has been given to it? The best way to answer this question would be to simplify the data. Data, in the form that this paper is referring to, is all information used by a computer in order to store, reuse, or even compute. The memory manager must take the data and figure out a way to store it in a way that it will not be overwritten and in a secure spot where the data can be retrieved when needed. The memory manager uses various mechanisms that assist...
Words: 778 - Pages: 4
...Running head: CHANGE MANAGEMENT PLAN PAPER Change Management Plan Paper Greg Russell University of Phoenix Introduction The focus of this paper is on the managing across simulation and the company Good Sport and the culture, structure of Good Sport will be identified and how the culture and structure translates into power and politics. Major Implications and Behaviors to Change In the Building and Sustaining Change Simulation CrysTel senior leadership were trying to increase their product sales and increase their market share and introduce new products. During the simulation the company use surveys an employee satisfaction survey, benchmarking survey and a climate survey. The individual user had to pick, two of the three surveys, these surveys were used to get a feel of how the employers in different departments felt about change and when the surveys were completed it gave management and ideal of where they needed improvement within the organization (Apollo Inc., 2004). Due to external forces CrysTel organization had to implement major changes by trying to increase their products and services due to the competition. There was much concern from senior leadership that the organization were not ready for change so CrysTel decided to analyze every department by use of the surveys and found that their were two departments; the Marketing and Sales department were the weakest and were found to be least susceptible to change. The...
Words: 811 - Pages: 4
...Functions of Management Paper Kesia Mulrain MGNT 330 June 18, 2012 Dick Amible Functions of Management Paper In every organization management is a process and a key to success. I work for an organization call Mosaica. Mosaica Education is an educational company which is global and has been around since 1997. Mosaica has received many awards, excellent recommendations and is recommended from AdvancED. The company educates 45,000 children has eight programs in eight states and manages about 90 school which include the Middle East and District of Columbia. The company has Passionate leadership with skills and expertise in which AdvancED distinguished them as a profoundly successful educational company. According to Bateman and Snell, Management is the act of controlling and directing the affairs of a business to achieve organizational goals (Bateman & Snell, 2009). Management has specific foundations that have been around and are not going to vanish. The essentials functions of management are controlling, planning organizing and leading. This paper will explain each function, and how they are applied in an organization. In spite of the change in society, management continues to absorb its main four functions; planning, organizing, leading and controlling. Authors Bateman and Snell (2009) explain the four management functions as follow: Planning: Is determining what goals are needed and deciding in advance the actions that are appropriate in order to achieve...
Words: 788 - Pages: 4
...Management and Leadership INTRODUCTION Great management can caring leaders are important aspects to an effective and efficient company. While Jeep Country Federal Credit Union’s managers are beginning to improve, we still lack strong leaders. The employees at the credit union are out for themselves only; they could care less if they left anyone behind. This paper will discuss the difference between management and leadership as long with the roles and responsibilities that both play in maintaining a healthy organizational culture. This paper will also address the affects of globalization and management across borders. Along with the previously mentioned information, this paper will also include two strategies that managers and leaders can use to maintain a healthy organizational culture. MANAGEMENT VS LEADERSHIP While management and leadership are two different key factors of a company, they go hand in hand with each other when it comes to having a successful company. Management is a process of working with others to achieve a common goal. Leadership is a characteristic or ability one possesses to lead, direct and influence others to do the best they possibly can. Anyone can be a leader. To be a leader would mean taking that one step up above the expected to bring out the best of your co-workers. A leader should be considerate of all employees’ needs, wants and feelings as well as what is best for the business. Once the leader has gathered all of the information...
Words: 965 - Pages: 4
...Functions of Management Paper Lindsey Collins MGT 330 July 9, 2012 Matthew Gerrell Introduction Management is the organization and coordination of the activities of an enterprise in accordance with certain policies and in achievement of defined objectives. (“Management,”). Management has many different things that they are required to do on a daily basis. Making sure you are following the four functions of management will help with making this task a little bit easier on an everyday basis. Planning, organizing, leading, and controlling are the four areas that you want to make sure that you hit on everyday to ensure that the business will be effective and remain effective for years to come. Planning Planning is where you are setting certain goals that you want to reach and maintain in advance so that you are able to adjust as needed before hand. Planning in a business is extremely important so that you can prevent possible issues from occurring and so that you are well aware in advance what needs to be done. In order to have a successful business, you must make a plan and have it in play every day. I am currently employed through a company that I get to work at home for. I have also a seven year old son as well. Planning is such a huge importance in my everyday life since I must work my schedule around when my son is not at home because I have to work in a quiet environment. I also have to plan my breaks...
Words: 1050 - Pages: 5
...Management and Leadership Paper University of Phoenix MGT/330 August 2, 2010 Todd Lambertson Management and Leadership Paper Toyota.com (n.d.) informed that the Toyota’s mission statement is “To attract and attain customers with high-valued products and services and the most satisfying ownership experience in America.” In addition, the Toyota’s vision statement is “To be the most successful and respected car company in America." To reach their mission and vision Toyota needs good management and leadership teams. Some people believe that managers need to be leaders and leaders need to be managers. However, Bateman and Snell (2009) mentioned that effective managers not need to be leaders, and leaders are not necessarily managers. This paper will show the differences between management and leadership, and managers and leaders’ roles and responsibilities to play in creating and maintaining a healthy organizational culture. Furthermore, this paper will show the impact of globalization and management across borders and recommendations of strategies that managers and leaders can use to create and maintain a healthy organizational culture. Differences between management and leadership Changing Minds.org (2002) mentioned that managers have subordinates and leaders have followers. In addition, Maccoby (2000) described management as a function and leadership as a relationship. Maccoby (2000) mentioned that managers usually do the planning, budgeting, evaluating, and facilitating...
Words: 1854 - Pages: 8
