preview

Management Functions And Functions Of Management

Better Essays

Essay
Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these four functions (123helpme.com, 2015). Management involves coordinating and controlling a gathering of one or more individuals or elements with the end goal of planning and blending them towards finishing expansive, organization or office, or perhaps …show more content…

If it is done efficiently, one can reduce much the necessary effort and time of achieving the goal. Plans are similar to maps. When a plan is followed, one possibly can always observe how much one has progressed towards the goal and what’s left to reach the destination. Also a person should know where they stand. This helps in making good decisions. Another important thing I grasped from the group work was the 80/20 rule. It indicates that 80 percent of one 's respective outcomes originate from 20 percent of one 's respective inputs. The second management function is organizing. Organizing means relationship between persons, work and resources used to achieve the common goals. The principle purpose connected with being organized is to establish successful lines connected with responsibility along with authority designed. Leading is the third management function. Leading involves the actual social as well as informal types of influence that can be used to be able to inspire activity taken by others. If managers are competent leaders, their subordinates are going to be enthusiastic in relation to exerting effort to get organizational goals. A lot of contributions have been made understanding this specific function of management. Controlling is the fourth and the final of the management functions. It involves building standards to help measure functionality, measuring actual performance, comparing performance and taking

Get Access