Functions of Management Paper

Management is the allocation of scarce resources against an organization 's objective, the setting of priorities, the design of work and the achievement of results. Most important, it 's about controlling.

“Organizational Management and Leadership” defines planning as “the development of goals, which leads to the development of an overall strategy for achieving those goals. Planning can be performed at all levels of an organization. Supervisors are planning when a weekly work schedule is put together for hourly staff. Top executives are planning when they define the mission statement of the company and determine how the organization can maintain its competitive advantage.”

Management is the basis of how any given organization operates and how each activity preformed is organized that makes each day possible and profitable for the overall good of the company. Power

According to Bateman & Snell (2009), “Organizing is assembling the resources needed to complete the job and coordinating employees and tasks for maximum success”. Organizing the organization works within and outside of management. It helps attract customers. Organizing involves grouping work units. This process helps to run the organization smoothly. Each unit is responsible for specific tasks, and the units come together to discuss the overall plan for the entire organization. It is easy for workers to see management as unprepared and lose their respect for management with proper organization. This function helps well within a fast food organization, because organization helps decide who is responsible for shifts, the product, and the food companies are organized in the management department as well. There are managers who are corporate and managers in the workplace. These managers are responsible for the employees and for

To accomplish the goals outlined during the planning phase managers need to link employees, responsibilities, and resources together through organisation. Henri Fayol stated that “To organize a business is to provide it with everything useful or its functioning i.e. raw material, tools, capital and personnel’s”.

Is the process and the first function of management, which is the basis for other administrative functions. Planning is a continuous process that involves determining the way things go.

Organizing is identifying what jobs need to be done, and hiring the qualified people to do them.

Planning, Scheduling and Controlling are three important functions of management. Planning involves the formulation of objectives and goals that are subsequently translated into

Planning is considered to be a primary function of management. All organisations operate in a complex, dynamic and competitive business environment, and therefore, have to plan their actions without which they may not be able to survive.

organization (a group of one or more people or entities) or efforts for the purpose of

Planning: A manager must be able to draw up a plan for future conditions, that will combine continuity, unity and also secure the achievement of future goals. According to Henri this is the hardest role of the 5 functions

Management in business and human organization activity, in simple terms means the act of getting people together to accomplish desired goals. Management comprises planning, organizing, ->resourcing, leading or directing, and controlling an organization (a group of one or more people or entities) or effort for the purpose of accomplishing a goal. Resourcing encompasses the deployment and manipulation of human resources, financial resources, technological resources, and natural resources.

One thing I’ve learned from this chapter is that planning is the process of determining appropriate goals and courses of action. Once a plan has been created the next step is to design a strategy. A strategy is a series or managerial decisions that help managers obtain organizational goals. For most organizations, there are three steps to planning. The first step is the creation of a mission statement. A mission statement is essential for a company to clearly communicate what it does and how it does it with outside investors and people in general. A mission statement is a broad statement of what a company’s purpose is as well as what the company does (i.e. selling goods or services) and who they do it with (i.e. people of certain demographic or geographic location). The next phase in the planning process is formulating a strategy. Formulating a strategy is done by examining a company’s present situation and creating strategies to overcome any challenges facing the company. This method gives people from different departments direction which is advantageous when attempting to achieve the company’s desired future state. The final step in the planning process is implementing the strategy. The strategy is implemented by managers who allocate resources and responsibilities to people and groups within an organization in the most efficient and effective manner possible im order to achieve the company’s goals. After a strategy has been implemented managers look at the results. If

Management can be defined as the art or act of doing things or activities through the efforts of other people to accomplish desired goals. It deals with the organising and coordination of people, activities, materials, machines and money.

2. Organising – A manager needs to organise her/his team and materials according to her/his plan. Assigning work and granting authority are two important elements of organising. A manager is responsible for organising staff, resources, tool and work schedules to achieve the organisations set goals and objectives.