Tuesday, January 21, 2020

Functions of Management Essay example -- essays research papers

Functions of Management What are the four functions of management and how do they relate to my organization? The Management Process... as refereed to by our text describes four basic functions – Planning, Organizing, Leading, and Controlling. While each of these functions on their own play an important role in management applied correctly they can be key to the success or failure of your organization. The first of these functions is that of planning. Planning is more than merely setting goals and deciding on a course of action. The text explains planning as â€Å"developing rules and procedures, developing plans (both for the organization and for those who work in it), and forecasting (predicting or projecting what the future holds for the firm)†. The process of this first function is performed on many levels of the organization. In our organization the process of planning generally starts with the Senior Leadership Team and then works its way thru the organization. During this annual process goals are determined, plans are developed and budgets forecasted. As the process cascades thru the organization each functional area is identified. Tasks are aligned with goals, and goals are aligned with tasks. Projects are aligned with plans and plans aligned with budgets. The second of these functions is organizing. The text explains organizing as â€Å"identifying jobs to be done, hiring people to do them, establishing departments, delegating or pushing authority down to subordinates, establ...

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