Master of Business Administration International Programme Managing People in Organizations ASSIGNMENT OCTOBER 2010 – SEPTEMBER 2011
Prepared by
Karim Saied Ibrahim Mahmoud El Sisi
Submitted on 22 of August 2011* nd * The delay in receiving of the books to mid of July, 2011 was a primary factor
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I. Table of Contents
# I II IV VIII IX X XI XII XIII XIV XV XVI XVII XVIII XIX Contents Table of Contents Table of Figures Introduction What is management? Importance of Management Functions of Management Management Styles Business Case: Lilly Choice Methods of Investigation The Choice Game Plan Situational Leadership Practice Conclusion and Remarks Appendix I: Interviews References Pg. No. 2 3 4 4 4 6 8 11 11 12 13 19 21 23 26
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II. # 1
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6. Essentials for prosperity of society: Organizations play a pivotal role towards the community. By helping to improves the standard of living of the individual, create new job opportunity, increases salaries, improve health care, and education, training of their employees. All these aspects will reflect positive on the society. Also good management can determine actual needs of the customers, and also create new products which will increase the welfare of people.
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After demonstrate the importance of management to each and every organization. Good management will not reflect only on the owners of organizations but it will reflect on all aspects of life starting from employees to customers and society. So to define good management we should know what the main functions of management are.
Functions of management
1. Planning: The main function of good management is to set plan for the current period and for the future of the organization. This plan should be matched with the goals and objectives of organization today and tomorrow. “Planning is deciding in advance - what to do, when to do & how to do. It bridges the gap from where we are & where we want to be” KOONTZ. Planning is the most important function of management, because all actions of the management depend on the planning. If the plan was matching with the objectives and goals of organization and matched with internal and external factors, it will
Asforthe word ‘management’, there has been long debate about its meaning. For our purpose, we take the perspective of the functions that managers
This following will outline my personal leadership practices and potential future leadership. To analyze my leadership qualities I will use the Seven Habits Profile and a leadership theory to determine my strengths, weaknesses, and areas of opportunity for improvement. In conclusion, I will determine the best recommendations for long-term improvement as well as SMART goals, or short-term courses of action, for leadership improvement.
Each stakeholder has a different criterion of responsiveness, because they have a different interest in the organization. Most organizations are similarly influenced by a variety of stakeholder groups. Investors, shareholders, employees, customers and suppliers are considered primary stakeholders, without whom the organization cannot survive. Other important stakeholders are the community, which have become increasing important in recent year.
Planning is the foundation of all the functions of management upon which the other three areas should be built. During planning, management must evaluate the company’s current situation and then developing strategies to achieve these goals, this is called strategic planning.
Anne, Planning is the most important function of management, planning provides clear concise directions for everyone in the organization. The importance of planning is that it provides attention on objectives and results, reduces uncertainty, gives direction for everyone, encourages team work and creativity, helps with decision making among many other important factors. Each organization is different in the approach they take in planning one’s organization. There are different plans that may be used depending on what you are trying to achieve.
The internal and external fact of functions affects management every day. It is the performance that an organization or company within itself could turn out positive or negative. This also pertains to the outside world, where the factors can be beyond the control of the organization in positive or negative situations. The concepts in management implements the four functions needed for the core requirement in management. Planning is the foundation base which all others areas are built. There may be sudden strategies required to be implemented
The four functions of management, planning, organizing, leading, and controlling, are very essential in building strong organizations and even stronger more effective teams. Planning, organizing, leading, and controlling are the functions of management. These function activities must be preformed by all managers regardless of their industry level, title, or the task they have at hand. These four management skill are used when ever a project or a task is at hand. Even in the field we are working in, many of us may have been using the four management functions and not noticed what they were, or we may have been a part of a team that was lead by the functions of management and not noticed what was
Management in my mind and as the book reinforces the definition to be, to plan, to organize, to staff for the process, and to control the process to the end. These are consider the primary functions of the management role (p.8).
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.
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.
Suzy started the joy of chocolate with the main goal of surviving. Her consumer goals were to create gourmet chocolates to a very high standard, attention to detail and offering a unique product is a very important to Suzy as well as specialist chocolates for customer’s requirements.
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
The definition brings into focus the functions of management which are; planning, organizing, leading and controlling.
The traditional views of a manager's functions are as an administrator working on short-term goals within the current systems and structures. The manager focuses upon making that which exists as efficient as possible. The four functions of management as planning, budgeting, organizing, and controlling resources and problem solving. These managerial activities, they assert, are most appropriate when organizations are basically stable and relatively predictable. On the other hand traditional view of a leader' functions are of one who takes a long-term, big picture, perspective and endeavors to initiate change for the improvement of the organization. When organizations need to adapt and change to new circumstances then leaders who challenge, motivate and inspire