...guest experience by consistently fulfilling our Expect More. Pay Less. ® brand promise,” reflects the internal and external factors that affect the four functions of management, the impact of other factors on these functions, and delegation through management (Target Brands, Inc, 2012). Target is an organization that believes in embracing diversity, giving back to the community, and incorporating its positive morals, values, and ethics into its business, and these principles apply to the four functions of management within the organization- planning, organizing, leading, and controlling (Bateman & Snell, 2009, Chapter 4). Target uses these functions to determine which goals are accomplished and how the available resources strive to achieve these goals (Bateman & Snell, 2009, Chapter 4). The main internal and external factors that influence these functions of management at Target are human resources, marketing, operations, stakeholders, technologies, and industry, respectfully (Bateman & Snell, 2009, Chapter 4). In addition, globalization, technology, innovation, diversity, and ethics each affect the four functions of management in their own unique way, thus affecting the whole organization. Using the tool of delegation, managers can influence the efficiency, productivity, success, the four functions of management, and a variety of influencing...
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...McDonalds; this is a fast paced environment and requires quick thinking and previous management skills. If a manager is hired onto McDonald’s work team and has not had any previous training or does not have any management skills, say for instance there is a small disaster within the establishment, this person is not going to know how to act or handle the disaster which could potentially spiral into an even larger problem. This is an example of how well the internal factors are within an establishment. It is very important for an establishment to have all four functions of management in place. “The major four function of management involve planning, controlling, organizing and leading. These functions can be affected by the internal and external factors in a business environment ("External and Internal Factors", n.d.).” “The internal and external factors which have influenced organizational functions in a lot of ways are ethics, diversity, innovation, technology and globalization, which have significant impact on laying out organizational functions, and can have a great impact on the organization's well. The four functions of the organization include; planning, organizing, leading and controlling. The external and internal factors can be strongly influence all the four functions of the organization as the organization are required to make sure that they are properly addressing all their functions in order to achieve their goals and organizational targets and for the success of the...
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...Organizing The four functions of management are what most organizations follow to achieve goals and objectives in accordant with the organization mission. PepsiCo is a corporation, which exercise these functions in building a successful organization. The four functions are planning, organizing, leading, and controlling. Planning focused on organizational goal to be accomplished. Organizing is structure created by management to achieve goals and objectives, keeping in mind the organization best interest. In leading management ensures task is completed effectively, and to maintain success in the organization. The controlling function allows management to monitor and make changes as well as solve issues before they escalate in an organization. An organization must have one own prospective of organizing, this allow consistency with the human, physical, and financial resources of the organization. According to Management Study Guide (2008) “All the three resources are important to get results. Therefore, organizational function helps in achievement of results which in fact is important for the functioning of a concern” (par 1) PepsiCo demonstrate great outputs because of the three resources, this organization acknowledges its function in areas of managing the organization resources as well as employees work schedule. This paper will focus on the knowledge and technology within PepsiCo and how these prospective function daily. PepsiCo PepsiCo is one of the largest beverages...
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...Internal and External Factors Trina C. Humphrey May 22, 2015. Management Theory and Practice XMGT/230 Craig Fowler In management there are four functions that managers must follow in order for the workforce too be able to produce products or services. The four functions are planning, organizing, leading and controlling. In the planning function management makes decisions about the goals and functions of an individual, a department, or a work unit. Organizing function coordinates human, financial, physical, information and other needed resources to obtain a common goal. Leading is motivating people to do the best job they can do. Leading helps to inspire the team to work towards organizational goals. Internal and external factors such as decision- making affects management are greatly influenced by the four management functions. The external and internal factors can be influenced by all four functions of the organization are required to make sure that they are properly addressing all functions in order to achieve its goals and meet targets for the success of the business. Competition is consist changing managers must take into account people and business around the world. Globalization, technology, innovation, diversity, and ethics require strategic planning in every aspect of management. Globalization is growth on a worldwide level. It is the process of integration and international influence. An example of this was when Airgas, opened...
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...Internal and External Factors Latonia Parker MGT/230 April 13, 2015 Kensinger Internal and External Factors Planning, organizing, controlling and leadings are the four main functions of management, which are affected by internal and external factors. Internal factors are business events that happen within the corporations while external factors are business events are carried outside the actual corporation. Planning involves setting goals and outlines for the direction of the company. Organization happens as the company goes about achieving these goals that were planned. Leading is important to management because leaders are needed for success. The leaders of the company must train and motivate employees to reach the company goals. Controlling plays a major roll by having a say in the direction your company goes. Other factors that affect the four main functions of management are globalization, technology, diversity, innovation, and ethics. These factors affect the four functions of management by influencing the decision making process that occurs within management. Globalization Globalization is an external factor because this event takes place outside the actual corporation. This event is described as the spreading of businesses and technology throughout the world. For example, The Coca-Cola Company began in the state of Georgia. Since its introductions to the world in 1886, Coca-Cola has expanded and coke products are now in over 200 countries...
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...The impact of information technology on the HR function transformation By Yu Long 0123404 Graduation Committee: First supervisor: Dr. T. Bondarouk Course coordinator: Pro. Dr. J. K. Looise Master Thesis, Business Administration HRM University of Twente March, 2009 Preface This master thesis concludes my life as a student, which is performed under the supervision of Twente University in the Netherlands. The research is the terminal of the program Human Resource Management. Doing this research not only improves my skill on literature searching, information analysis, but helps me to gain more profound knowledge about e-HR. During the research, I have got great support from several persons, and now, here is the opportunity to thank them. At first, I give special thanks to Jiajie Li, my boyfriend. He accompanies with me during the whole research period. Besides dealing with my impatient and anxious attitude, he also put great effort on improving my thesis. His optimistic and serious attitude influences me, and makes me continue the research with better and better results every time. His support is very meaningful for my research period. Secondly, I would like to thank Ms. Tanya Bondarouk, and Prof. Jan Kees Looise for their excellent support, feedback and guidance. Both of them give me fruitful advice on how to improve my work. And they always give me timely feedback on my work, which encourages and makes me belief that I can hand in a satisfactory report under the effort...
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...Product Data Management System ( PDM ) consisting of engineering data management and engineering document management system is vital for the performance of an EPCI ( Engineering, Procurement, Construction and Installation ) contractor in Oil & Gas upstream projects segment. PDM is used by all functions in managing the projects execution as well as during life cycle of the asset for operation and maintenance. Currently engineering data and documents are produced and managed though many different IT platforms and systems. Due to multiple cycle of information production by different functions, this process is inefficient, high cost and prone to errors. Recent technological innovation provides a common database foundation which is accessible for data and document generation, updating and sharing between different functions. This innovation provides a high quality, lower cost and faster response to project requirements. This application is relevant to all engineering turnkey projects whether in Oil & Gas or other sectors. Integration of centralized PDM foundation database in the work process and Implementing in on the projects is leading to Innovation and positively impacting the project performance. PDM stores all data related to project that is generated and used during design, procurement, fabrication, installation and commissioning followed by operation and maintenance of the asset. Much of the data in PDM comes from sources such as Computer Aided Design ( CAD ) and...
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...Organizing Paper MGT/330 March 20, 2011 Andrew Seamons The biggest component to all organizations is the organizing functions of management. The organizing functions of management will establish the different levels of management within the organization and provide resources to all employees to work towards a common goal of the organization. The key to organizing functions of management will help determine goals along with objectives, responsibilities, and resources. This paper will address two resources, such as knowledge and technology that are key factors in the organizing function of management at Prudential Insurance Company of America. With any organization, knowledge of the customer needs is just as important as the knowledge of the products. Prudential is known for their innovative products due to their knowledge and experience in helping their customers. Prudential Insurance Company of America is one of the largest and well known insurance companies worldwide. Prudential was founded by an insurance agent named John Fairfield Dryden in the downtown Newark, N.J., in 1875. It was the first company in the United States that offered life insurance and industrial insurance which provide funeral and burial expense for all working class. Prudential’s sales expanded from New Jersey to New York and Philadelphia. The growth sales and assets grew...
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...Factors Paper Functions American Red Cross was founded in Washington D.C. on May 21st, 1881 by Clara Barton. She first hears of a similar organization following the Civil War in Europe. An organization based on volunteer work that provides emergency assistance and disaster relief. The ARC cover five area of assistance, these are: military family assistance, blood support, safety and health education, community service and international relief and development. The Emergency disaster relief helps fire, hurricane, flood and earthquake victims re-establish their lives by providing, housing, food, health education, clothing and other necessary assistance. Their education services provide people with the basic First Aid, CPR/AED trainings along with swimming and lifeguard lessons. The ARC is mainly supportive by volunteers, community donations and other Red Cross supportive programs. Their Mission Statement is “The American Red Cross, a humanitarian organization led by volunteers and guided by its Congressional Charter and the Fundamental Principles of the International Red Cross/Red Crescent Movement, will provide relief to victims of disaster and help people prevent, prepare for, and respond to emergencies. Volunteers play a great role in the organization; they have all ages, backgrounds, gender, helping as instructors, teaching, case managers, administration support etc. They make the American Red Cross work happened. The four functions of management… Globalization ...
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...The Internal and External Effects on the Functions of Management Nicole Sainz MGT230 April 17, 2012 The Internal and External Effects on the Functions of Management The four functions of management include planning, organizing, leading, and controlling. These functions of management are necessary for a company, such as Amazon, to be successful in a continuously advancing world. Many external and internal factors influence the performance of the four functions of management within Amazon. Some internal factors include ethics, diversity, and innovation. Ethics affects the leadership and controlling functions of management, while diversity and innovation utilizes the leading and organizational functions of management. Some external factors that affect the four functions of management include technology and globalization. The need of technology and globalization takes organizational planning in order to keep up with the increasing demand of readily available products at Amazon across the world. One major factor to a company’s success is the moral and ethical integrity of Amazon’s management team. Amazon’s ethical stance determines the quality of employees the company is able to retain, as well as maintaining their loyalty to the company. If managers display ethical integrity, the employees would be stimulated to perform well, building leadership within the company. If Amazon does not practice ethical integrity, the employees do not perform to their best. This may cause late...
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...Advanced technology is redefining the performance of platforms supporting functional capacities of Human Relations (HR). Playing a critical role in reaching the client's business goal, this software technology is focused on creating the right balance to fit the business's core operations. The business method is simple. Using the best industry practices, we develop the solutions needed to support the platform functions vital to human capital management (HCM) for our clients. As a management tool, a single employee record is shared across multiple networks in this environment. Aligned with a single cloud-based solution, it incorporates, recruiting, performance management, compensation planning, time, attendance and payroll functions. Report chronicles...
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...must organize. Of the four functions of management organizing is vital in attaining the targets set by an organization and building the greatest use of the existing resources. Wal-Mart is one of the world’s leading merchants. It is important that there must be organization of work. A corporation that big has numerous stores, delivery networks, inventory, and staffs all over the world. The choice to make respectable use of those assets is very difficult, and one of the greatest significant conclusions to make. As an organization such as Wal-Mart produces, so does the complication of that choice. For Wal-Mart to succeed such a massive amount of resources and resources it should depend on the organizational structure to proficiently transport the organizing purpose. The second function of management is organizing, described as the method among which leaders coordinate and hire an organization’s human, tangible, and fiscal resources. For a business to be effective, it is vital to fully comprehend and use the organization function. The smallest error created by the management might influence the organization severely by making absent business and output, additional work and expenditure, and other critical matters. Managers must consider when employed via the organization function of management it is imperative to guarantee they have all the means needed to accomplished the organizations goals, and efficiently hire those resources. Likewise management must retain in...
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...Internal and External Factor Paper MGT 230 September 21, 2015 Jack Geer Internal and External Factor Paper The four functions of managements is planning, organizing, leading, and controlling one’s organization. These functions should be used by managers to be more efficient in “achieving goals with minimal waste of resources.” (Management, Pg. 15) All four functions of management are key elements to be effective as a manager. Planning is described by “specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals.” (Management, Pg. 15) A manager should have a plan before implicating any decision making. When a manager makes a plan, they can re-evaluate the plan and make any adjustments to the plan where they seem fit. Planning helps deliver strategic value within an organization or business. Organizing is described as “assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals.” (Management, Pg. 15) After a manager has implicated a plan, they would then want to organize the plan by delegating authority, assigning work and providing direction to the employees. Controlling is described by “monitoring performance and implementing necessary changes.” (Management, Pg. 15) After a goal has been completed, the manager may monitor the performance by employee that may include, but not limited to, monetary goals, reducing customer complaints...
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...White Management is the steps that it takes to work with people and resources to accomplish organizational goals. In management all resources whether human or physical needs to be grouped according to its functions. This is done through the organizing function of management. In today’s business society great top management adapt well to conditions as they rapidly change and do so with great rigor, consistency and discipline; applying the traditional four functions of management does this and they are planning, organizing, leading, and controlling. This paper will evaluate the organizing function of management at the Nike Company and show how it relates to human resources and Technology; this paper will also discuss whether or not it has optimized these resources for effectiveness and efficiency with justification. Organizing Function of Management In the leadership of business one of the most important aspect business is the organizing function of management. By correctly implementing the organizing function of management could easily break or make a business. The organizing function of management plays a big part on all levels of a business’s operations. To began with it addresses the manner in which people with the organization will interact, who will report to who in each department, which is a reason why an organizational chart is used and it shows the lines of authority. All of these are aspects of organization and personnel management that comes under...
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...different applications that assist the HR dept in functioning effectively. This paper will describe how HRIS has progressed from the personnel administration field to a business-driven human capital management organizational unit. The paper will include the factors that have changed the primary role from that of an operation to that of a strategic partner. The paper will talk about technology and its affect in the HRM field and how a company’s culture has been influenced by HRIS. Human Resource Management has been recognized by different names in the past, it used to be recognized as a separate and important function. Some of the different names this position has been called has been personal relations then employee relations and then to human resources. Along the way employment laws have changed the scope of the Human Resource functions. National Cash Register developed a department that would handle employee complaints, wage management and other employee related functions. That took place in the year of 1902. In 1935 the Wagner's Act (aka National Labor Relations Act) was enacted. It seemed organizations changed their focus from efficiency of the workers to the efficiency through employees gaining satisfaction from their jobs. Sometime between 1960 and 1970 the Human Resource Management transformation was taking place, this was because several acts had passed in Congress like the Equal Pay Act of 1963, the Civil Rights Act of 1964, the Employee Retirement Income Security Act of...
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