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.
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 planning has to decide on strategies with higher chances of attaining satisfactory performance with a small chance of organizational failure. The executives and the planning team must determine upon selecting the suitable options for the
The organizing, staffing, leading and controlling functions stem from the planning function (Higgins, 1994). Today's managers are often ready to organize and staff only after goals, and plans to reach the goals, are in place. Often planning provides the goals and standards that set in motion the controlling function. Planning is important in all levels of management. There are several levels in today corporate planning:
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).
Management by definition is generic in scope and can have varying meaning to a small company infrastructure versus a large company’s. Management structures can be in-depth in a large company and superficial in a smaller organization yet; both can be equally successful. What connects management on every level is the need for creative problem-solving. This function is essential to the overall success of any size company. The use of management assets defines the company mission and carries out objectives. Creative problem-solving is consummated in the course of four functions of management: planning, organizing, leading and controlling.
Planning is determining organizational goals and a means for achieving them. Planning is also the best way to improve the performance. It can encourage people to work harder to achieve the goals. So, the planning is very important and you must have the clear plan for your business. For example, Google which is the high technology firm that makes money from selling search-based Internet advertising, but Google says that it is not in the advertising business, but in the business of organizing the world’s information. Even though Google spent $1.65 billion in purchasing of YouTube to adhere to the business, but with YouTube, Google now helps users access and organize video content. The objective of Google is to organize the world’s
The four functions of management are planning, organizing, leading, and controlling. All four of these functions of management are used through out each and every type of business out there in the world.
Management is accomplished through four functions of management: planning, organizing, leading, and controlling. According to Bateman-Snell, planning is the management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue in the future. Organizing is the management function of assembling and coordinating human, financial, physical, informational, and other resources needed to achieve goals. Leading is the management function that involves the manager’s efforts to stimulate high performance by employees. Controlling is the management function of monitoring progress and making needed changes. The four functions of management, in a day care facility, the four functions of management are applied and utilized.
Management is an important element of an organization which coordinates organizational activities and its future plans. It adopts the whole organization to its environment and shapes it up to make it more suitable to the organization itself. Its main work is to organize,plan,actuate and control which are done to accomplish the company objective.
As managers coordinate the work of his/her subordinates to achieve better efficiency and effectiveness, they perform certain functions in the corporation. Although they differ in a way in every corporation, the four functions of a manager are as follow; planning, organizing, leading, and controlling (Huszczo, 2004, p. 26). Managers that are performing the planning function set goals, they also identify the procedures in accomplishing the goal or the strategy to achieve the goals, and determine the timeframe in which those procedures have to be finished by (Huszczo, 2004, p. 26). After the planning function, a manager then will organize his/her subordinates. A manager that are performing the organizing function will then expand on the procedures that the team have to take in order to complete the goal. He/she will also assign who, when, what, and how the task will be done (Robbins et al. 2006, p. 11).
In the business world today, the great executives not only adapt to changing conditions but also apply fanatically, rigorously, consistently and with discipline the fundamental management principles. These fundamentals include the four traditional functions of management. They remain as relevant as ever, and they still provide the fundamentals that are needed in star ups as much as in established corporations.
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.
Numerous factors impact the four functions of management. The functions of management include: planning, organizing, leading, and controlling. Key components include: external, internal, globalization, technology, innovation, diversity, and ethics.
Organizing process will give organization a structure to follow. It comprises organizational positions, accompanying tasks and responsibilities, and a network of roles and authority-responsibility relationships. Organising is the action that combines the use of human, physical and finance resources to achieve the enterprise objectives. It focuses on merging employees with task in an orderly manner so that the jobs given is performed in a coordinated