Abstract
For a company to be successful management must be efficient and effective. This is dependent on the concepts management uses. Four basic management concepts are used in most companies to help accomplish the goals and objectives within the organization. Despite the implementation of solid management concepts, mistakes are made. Management must strive to learn from mistakes made, concentrating on improving management skills.
Functions of Management
Many forms of management exist such as management of resources, management of people, management of time, management of large groups, and management of small groups. This author is employed in a large organization in which many levels of management exists beginning with Territory Managers, who manage a given geographic area, then middle management in which individuals manage other individuals. The final level of management is the ‘upper crust’ of management, the Chief Financial Officer, Vice Presidents, Senior Vice Presidents, and the President. The key to any form of management is to establish goals and objectives to manage effectively and efficiently.
How does one manage effectively and efficiently? Four main functions provide the fundamentals of management. These four functions are: planning, organizing, leading, and controlling (Bateman & Snell, 2009). The base of any management program is planning. Planning is the process in which goals and objectives are determined. This can be as simple as deciding what needs to be accomplished in the coming week to what the company hopes to accomplish in the next five years. This author’s employer uses Performance Workbooks as a form of planning. Each employee, from the bottom all the way to the top, are expected to complete a Per...
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...dual all the way through the individual’s firing. The firing resulted in a lawsuit in which the employee was awarded approximately $100 million in recompense (Knight Ridder/Tribune Business News, 1998). Learning from such mistakes is crucial in the growth of a manager’s abilities. One must be able to learn and adjust to fine tune individual management talents.
References
Bateman, T. S., & Snell, S. A. (2009). Management: Leading and collaborating in the competitive world (8th ed.). New York: McGraw-Hill/Irwin.
Erven, B. (2008). The five functions of management. Department of Agricultural Economics Ohio State University Extension. Retrieved October 17, 2008, from http://ohioline.osu.edu
Knight Ridder/Tribune Business News. (1998). Disney chairman’s autobiography reveals details of management mishaps. Retrieved October 17, 2008, from http://www.accessmylibrary.com
Kinicki, A. & Williams, B. (2012). Management: A Practical Introduction (6th ed.). New York, NY: McGraw-Hill Irwin.
Robbins, S.P., & Coulter, M. (2009). Management (10th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.
Robbins, S.P., Coulter, M. (2014). Management (12th ed.). New Jersey: Pearson Education, Inc. [VitalSource bookshelf version]. Retrieved from http://devry.vitalsource.com/#/books/9781269550994/recent
“Management can be defined as the attainment of organizational goals in an effective and efficient manner through planning, organizing, staffing, directing, and controlling organizational resources” (Daft, 2011, p. 15). Management is a set of well-known processes that ensure an organization has the resources to predictably perform well (Kot...
Robbins, S.P., & Coulter, M. (2009). Management (10e ed.). Upper Saddle River, NJ: Pearson Prentice Hall.
At the very drawn of the society, management has been emerging under changing situations. And still now it has been redefining its implications throughout every sphere of our society. Management is now widely spread out mostly in business organization. In the paradigm of business, management is getting things done through and with the other people.1 (Institute in Omaha, Nebraska,)
Robbins, S., Decenzo, D., & Coulter, M. (2013). Fundamentals of management. Upper Saddle River, NJ: Pearson Education, Inc.
Robbins, S., Decenzo, D., & Coulter, M. (2013). Fundamentals of management. Upper Saddle River, NJ: Pearson Education, Inc.
Usually Managers have the role to manage the company’s performance; therefore they must be trained professionally in the field of administration management, Project Evaluation and Maintenance management. The must also be well versed with the adhering to the objectives of performance management in a given company or a business organization. On the other hand, employees of the same organization must be sure and certain of their duties and roles. Certainly, they will work with an aim and focus to achieve specified goals of the company. An organization with suitable management acquires many professionals with appropriate skills and knowledge. On acquisition, the firm will have expectations towards achieving high standards performance across systems management. Such professionals will always work at the best interest of the company, with skill and care and they will go ...
Management being the art of getting things done through the efforts of other people is a global motto in which every organization is intended to wave. Management differs from organization, countries; each and every one applies management in regard to his ethics, culture, and style. Therefore it is not the same everywhere, but for an organization to grow and expand it has to associate with others and this can sometimes have good and bad sides we will examine in the following paragraphs.
Robbins, S. P., & Coulter, M. (2009). Management (10th ed., pp. 164-175). Upper Saddle River,
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
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.
Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager’s face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.