Management Is An Important Component Of Every Business

The world of business has undergone radical and dramatic changes in the last decade changes that present extraordinary challenges for the contemporary manager. A manager is an organizational member who is responsible for planning, organizing, leading, and controlling the activities of the organization so that the goals can be achieved. According to a widely referenced study by Henry Mintzberg, managers serve three primary roles: interpersonal, informational, and decision-making. Management is process of administrating and coordinating resources effectively and efficiently in an effort to achieve the goals of the organization.

The four functions of a manager are planning, organizing, leading, and controlling. These are key elements that managers must understand to run a successful organization. I will view each concept as well as their roles to acknowledge how these functions have been related to my personal experience in the work environment. Behind the scenes of a manager, they spend an equal amount of time planning so that he or she can successfully achieve the leading and controlling functions. These functions are standard for any industry that is striving to maintain a strong organization. While reviewing this paper, try to think of the four functions as a method that is established to build on each other. The four functions must be performed efficiently, and when done correctly, an organization will reap the accomplishments from a well-defined plan. My own experiences of how the four functions operate illustrates that each role requires a manager to devote time and patience in order to ensure that the main principles are achieved.

This article and its main points directly relate to discussions in class and assigned reading about managers. As we learn about what managers do in the text, the examples given in the article give good insight and problem solving scenarios to work out. We can also see how change is good and can be controlled in shaping and helping to direct the focus that is desired for an organization.

Over the past hundred years management has continuously been evolving. There have been a wide range of approaches in how to deal with management or better yet how to improve management functions in our ever changing environment. From as early as 1100 B.C managers have been struggling with the same issues and problems that manager's face today. Modern managers use many of the practices, principles, and techniques developed from earlier concepts and experiences.

Management is necessary for running a business. It is also essential for running business, educational, charitable and religious institutions. Management is a must for all activities, and therefore, it is all pervasive.

3M is a very interesting company, regarded by Fortune magazine for its ability to grow leaders within the organization. They do this through an organizational program that focuses on 6 specific leading attributes that it wants every employee, and more importantly leader, to have.

According to Bateman & Snell (2009), Management is a world of action. It is a world that requires timely and appropriate action. It is a world not for the passive but for those who commit to positive accomplishments. Management requires the organization and coordination of the activities related to the running of an organization based on established policies. Historically, organizing involved creating an organization chart by identifying business functions, establishing reporting relationships, and having a personnel department that administered plans, programs, and paperwork. Now and in the future, effective managers will be using new forms of organizing and viewing their people as perhaps their most

In the business world, managers are dealing with changing work environments, a changing workforce, globalization, economic and political uncertainties, and changing technology. Due to the fact that we interact with organizations daily we have a vested interest in seeing that companies are well managed. Additionally, throughout your career, regardless of the business, you will either manage or be managed. Management is an important component of every business, even in a business environment that encompasses one employee. It can appear in various different functions; however, we will focus on employee oversight and business organization.

One of the most important aspects of a successful organization is dependent on an effective management system. There are so many different kinds of methods for management that apply to different organizations in order for them to advance and expand. As a manager, they must be responsible for controlling or administering all or part of a company, meaning they have to have a flexible time schedule and maintain high credibility. One sees their own manager as the role model of the work place, so in all reality a manager has a lot to live up to.

“Managing is organizing: pulling things together and along in a general direction to bring about long-term organizational survival” (Watson, 1986, p.41). Proper management is required to ensure success to a business by bringing staff together on a common stand and getting the best out of them. The importance of management is to intensify the relationship between staff and getting them to work together as one. It is the management’s duty to make certain that staff are content with their job duties and ultimately deliver their best. Managers are responsible for planning, organizing, leading and controlling the business.

It is very difficult to define what managers do in an organization; this is primarily because they are so many types of managers who perform different function in differentorganisations. However they are a number of activities are all managers must perform no matter what the type or size of the company in what of part of the business they work. Henry Fayol, a French Mining engineer was the first to outlinethe four basic functions that every manager performs on a daily basis. The manager might be the president of a multi-cooperation organization, or the dean of students at a university or even a supervisor of a water utility company. All will do the four basic functions.

Management is the process of managing a business through people by using the role of the Directorate. There are four managements’ functions including planning, organising, leading and controlling. Every organisation has its employers who can determine the success and failure of their business. Over the last few decades, it has been a growing competition among institutions from all over the globe. Therefore, there have been some of the ways, which have altered organisations and jobs. These ways are the increasing number of technology, globalisation of organisations and workforce expectations.

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Management is one of the most important human activities and has critical impact on life, growth, development or destruction of an organisation. In an organisation, managers with any rank or status should understand their basic duties i.e. maintaining a sustainable conductive environment where people can fulfil their commitments and objectives through collaborative approach. (Akhtar, 2011) A manager is responsible to achieve the business’s goals, visions and objectives by planning, organising, leading and controlling. Dubrin (1994) stated that in every organisation each member of staff must plan, organise, make decisions, and control the resources they need to accomplish the results expected

Management makes remarkable differences between the companies regarding their performance in term of productivity , products, sales, profitability, service to the customer, employee welfare etc. Management plays a vital role in deciding the destiny of business as well as non-business organisations.