Essay about Functions of Management

852 Words 4 Pages
There is no one definition for the term management. However, Fayol (1916) defined the term management as; “To manage is to forecast and plan, to organize, to command, to co-ordinate and to control.” Mc Ilwee.T and Roberts I, (1991): p.g117 Management is not standardized and is undertaken at all levels of the organization, as it is an integrating activity. Managers have to manage in order to achieve the overall objectives and strategy of the firm. All firms are seeking effective managers, and the quality of management is a key element of business success.
The four functions of management are essential to building strong teams and stronger organizations. Common to all managers, the four functions are planning, organizing, leading, and
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It is a general principle of management that a group effort can be attained more efficiently if everyone concerned has been informed of the ultimate goal and how, when, and where it shall be done, and who shall do which parts. Planning is the management function that involves identifying goals and alternative ways of achieving them. It maps out courses of action that will commit individuals, departments, and the entire organization.
Organization
Logical and well-defined organizations promote savings in energy and effort and reduce friction and frustration. The activities necessary to reach objectives are grouped into organizational charts. The charts reveal the functions performed by each position, from whom each group obtains its authority, and the relationships between groups and individuals. Planning has established the goals of the company and how they are to be achieved; organizing develops the structure to achieve these goals.
Leading
Proper leading will influence individuals to get tasks accomplished, maintaining moral, molding company culture, and managing conflict and communication. Leading is aimed at getting the member of the organization moving in the direction that will achieve its objectives. Leading should be used as a motivating tactic to control individuals and emphasize the importance of achieving the goals set out in the planning stage. When leading, the manager must provide direction to the work group, build a climate…

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