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Fundamentals of managements final
What are the Four Functions of Management
What are the Four Functions of Management
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What are the functions of management? This paper will define the four basic principles of management. They are planning, organizing, leading, and controlling. I work for FMC Technologies in Airport Services. FMC is a service provider for Continental Airlines. FMC provides facility maintenance in all areas of Bush Intercontinental Airport. I will explain how these functions relate to my company.
My company is a little insufficient in the planning department. Planning involves the development of the company’s objectives and determining how it will be accomplished. Improper planning can be detrimental to a company. FMC provides facility maintenance to the baggage handling systems for Continental Airlines in Houston Texas. Management at times skips the planning stage and moves right into organizing. The planning stage can be compared to the foundation of a house. If the foundation is weak, the quality of the house will be poor. Proper planning includes meetings that include goals. The goals and missions are clearly defined and completion dates and schedules are created. We also identify any problems and try to figure out preemptive solutions by brainstorming. We also allocate the resources need to accomplish the goals set. We do this with labor meetings and capital plans, and forecasting. Everyone needs to agree and understand the plan for the goal to be successful.
Organization is another key step in the process of effective management. My company uses conference meetings to achieve this. Organizing is establishing the internal organization structure of the organization. At this stage we delegate tasks and objectives out per person or team. We also set completion dates and schedules. We meet weekly to measure progress on all objectives. This is also where the chain of command or hierarchy is clearly defined.
Even with a good foundation and stellar organization the plan cannot be executed without proper leadership. Leadership is a dynamic function in regard to dealing with people. Leaders need to have strong interpersonal skills. They must also be very influential and get the “buy in” from counterparts and their subordinates. The leader is responsible for articulating the mission: (Spurgin, 2006 ¶5). We have an outstanding leader in our site manager. He truly leads by examples and is a stellar role model for the management staff.
In summary the five management functions were used at my time with Comcast Corporation. Each function is crucial to the success of the organization, its employees and their relationship with management. By all means “the linkages between the five management functions make them inseparable activities. Successful managers understand the links and carefully follow through on every aspect of the management program” (Baack, et al., 8.2). Without the influences of the management practices I mentioned, Comcast Corporation would not be a successful organization and I would not have had the joy of furthering my career there. It is important to work for a company that believes in its employee’s success and job welfare while operating under the management practices of planning, organizing, staffing, leading, and controlling.
Working without any plan can flunk our targets. Supposing that we are running one company, it is unlikely that we can manage our company very well without any explicit plans or strategies, not to mention that our company is likely to be on the brink of bankruptcy. Not only in business, it is unlikely that we can succeed without any plans in other aspects. Therefore, explicit plans play a vital importance in success.
Following the steps only goes so far and defining the elements of the plan is essential for success as well. These elements would include: 1) recruitment to find talent 2) assessments to evaluate how the leadership is doing in their jobs 3) performance management to make changes as necessary to the plan 4) succession planning to eliminate gaps 5) career planning to help develop the leader for their next position 6) development of leaders to fill the gaps.
The success of any organization just as the Tesla Motor largely depends on the planning of the activities by the management team in the company. A good performance is always attributed to the planning strategy that a certain company has. The following are therefore four factors that affect the planning and performance of the company.
Managers have five major functions to perform, namely planning, staffing, organizing, controlling, and coordinating. These roles or functions of the management separate management from other roles such as marketing and accounting among others. The lessons that I have currently learned will help me in becoming a manager who will be capable of making various decisions that will have an impact on the whole firm. Additionally, the area where I have much interest in is the function of controlling in management.
Planning aims to reduce uncertainty. It does this by forcing managers to look ahead, anticipate change, consider the impact of change and develop appropriate responses. (Robbins 2012) Through attempted monitoring of conditions in a changing environment, one is able to respond quicker to new information and new circumstances, thereby becoming more flexible. In addition, having the environment under constant observation enables managers to analyse how the organisation will differentiate itself from its competitors, therefore facilitating more chan...
For a company to be successful it is important that it has very good organization. Organization can be defined in many different ways. Bateman and Snell define organizing as assembling and coordinating the human, financial, physical, informational,
The four functions of management include: planning, management, leading and controlling. Internal factors impacted the PLOC in many different ways. Everything internal and external for this company deals with planning, organizing, leading and controlling, as it is the foundation for any management team.
As Schermerhorn states in Management planning, organizing, leading, and controlling are the tools needed by managers to accomplish performance goals. It is crucial that managers be able to recognize and act upon problems or opportunities as they arise. Planning is perhaps the cornerstone of the four processes. All good processes were at some point given great detail so as to anticipate possible problems and solutions to those problems. When the Honda Motor Company decided it needed to refine its inventory they didn't just jump at the first idea that was proposed; they first set their objectives and discussed ways to meet those objectives. After giving careful consideration to processes and the streamlining of those processes human error rose as the top need for change. Sounds simple you might respond; in reality it is much more complicated.
Planning and organizing is another vital quality needed for managers. If manager can do effective planning he can really contribute in the long term progress and development of his organization. Proper planning helps in useful and efficient use of the existing resources of the organization. After planning if you are not able to organize the things, this can really worsen your planning.
Management functions are the functions that a manager should use to achieve his/her company’s goal. A person who holds a managerial position inside an organisation is required to think conceptually and strategically in order to achieve the company’s goals. Management involves more than just telling other people what to do. Before, there used to be five management functions which were planning, organising, commanding, coordinating and controlling. These five management functions was proposed by a French businessman named Henri Fayol. But today these functions are reduced to four which are planning, then organizing, leading and controlling. The managers of tomorrow will not be a better man than his father before him this is because it is said that the Y generation are even worst than the generation before them "If these generations cannot accumulate wealth, they will be less able to support themselves
Organizing: Manager must organized the human resources to get the corporate jobs done through delegation, empowerment, training, team work, leadership, system creation and other crucial business aspects.
A manager has four principal functions or duties of management. These include; the process of planning, organizing and leading an organizations human, financial, material, and others resources to increase its effectiveness. (George & Jones, 2005)
The purpose of management is to utilize personnel, assets, and resources to complete a set of tasks in an effective and efficient manner. Managers have their own styles when managing projects and personnel, and many theories have been made since the nineteenth century to determine the best practices. In the nineteenth century during the Industrial Revolution, as employment in businesses grew, the need for management increased. Large business owners found a need for theory management in the workplace in order to effectively and efficiently produce results. Management became a profession as these theories became common-place in the workforce (Goddard, 2009).
The first function of management is planning. Planning is a process that managers use to identify and involve goal setting and decide the best way to achieve the goal.(Bartol 2007) Planning connect the gap between where we do, where we intend to go. It predict the possible things to happen which would not otherwise happen (MSG 2012). There are several steps to the planning process, which are determine the goals of the organisation, evaluate the current position, consider possible future conditions, identify possible alternative actions and choose the best. Planning is the criteria thinking through goals and making decision to achieve the goal of the organisation’s objective, which requires a systematic way. Also objectives focus the managers how to achieve the final result as managers have to predict anything will happen, avoid the problem and fight back to competitors. An example of planning, which is the President Canon Inc Tsuneji Uchida and lead Canon Company become the no.1 in the global business (Canon.Inc 2011). Tsuneji Uchida has to understand what is the company objective and goal. First, make decision to protect the position and the aim of canon, improve the operation more diversity. Second, he creates the new design of camera and new technology, he plan to do these things to maximise profit.