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Function

In: Business and Management

Submitted By ryansmall
Words 779
Pages 4
Running head: FUNCTION

Functions of Management

MGT/330

Functions of Management

Successful businesses have a few things in common. Good management. A manager that understands how to do their job and can properly execute it is very valuable. Most managers have a method that they follow so they can keep the business flowing. The four functions of management are planning, organizing, leading, and controlling. Using these functions to run a business is effective and makes the business run more efficient. Any good management training will stress the need for these functions to be in effect at all times. Swift Income Tax uses all four functions even though there is a small group of employees. Planning is the first function a manger does in business. Planning consists of goal setting, review of the mission statement and ways to complete the goals in a timely manner. Checking if the goals have been met is the important part of the planning function. The organization review’s the mission statement once every six months; this helps stay on track with where the company wants to go. Goals are set to grow 20% every year (Thomas S. Bateman, Scott A. Snell, 2009). To make sure the company grows 20 % every year they look at customer service surveys and make a certain amount of cold calls to attract new business. Every quarter the company check its numbers and is able to see if they are staying on pace with their financial goals. Organizing is the second function a manager does in business. The organizing function involves making sure there are enough people for each ask. Managers also have to make sure the employees have enough material for the job. Another part of organization is making sure the right people are in the right job so the company can be most

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