Planning, Organizing, Leading, and Controlling are the functions of Management that play an important role in any successful organization. Mylan is a Fortune 500 Company this is the reason it runs smoothly and has accomplished goals and objectives. Planning sets objectives and making sure you have what you need to attain them. Organizing builds relationships within the company and organizes the team according to the plan. A great Leader must be innovative, motivating, and encouraging this will be a plus for the employees. Making sure goals and objectives are being met this is where Control comes in, Mylan Corporation has a CEO Heather Bresch, that works diligently with her staff to make this company what it is today and the many reasons …show more content…
(Management study guide, n.d.).
Mylan Mission Statement which tells how committed they are to new standards in health care. We all know in order for any goal to come together we must plan and do what’s right, not what’s easy this is how any successful organization will bring about positive results.
We must also remember to be innovative this means seeing opportunities and making them happen remember to set high expectations and don’t back down, doing what’s right is an integral part of who we are and what we represent. Mylan planned to excel and definitely they are a Fortune 500 Company. In our everyday life we must plan or we will plan to fail.
Organizing
Managers organize by bringing together physical, human, and financial resources to achieve objectives. They identify activities to be accomplished, classify activities, assign activities to groups or individuals create responsibility and delegate authority. They coordinate the relationships of responsibility and authority. (Norman, Small business, 2014).
Mylan has grown into a worldwide company and this didn’t happen overnight organization of this company along with the excellent employees has made Mylan a top performing company.
CEO Heather Bresch has made a remarkable impact on Mylan’s accomplishments when you have a great leader that doesn’t mind going over and beyond to make the organization a success, this is when you know you’ve hit the jackpot in
Organizing is a function of arranging people and resources to work towards goals. To achieve those goals in effective and efficient manner it is important to have a good knowledge of the team’s skills. Lack of motivation in the team, fear of undervaluation or poor attitude could fail the goals and on the other hand enthusiasm, motivation and given responsibility can bring successful results in reaching the goals. In other words the company’s objectives can be failed if the wrong person is chosen for the task. Manager is a person who chooses
Mission statement: Our mission is to help people live healthier lives and to help make the health system work better for everyone.
According to Chester Barnard, “Organizing is a function by which the concern is able to define the role positions, the jobs related and the co- ordination between authority and responsibility. Hence, a manager always has to organize in order to get results. A manager performs organizing function with the help of following steps:-
Each business and organization has their own way on how the operate as well as how they organize within their organization. Different organizations have different operations, responsibilities as well as services that they provide. When organizations are operating they have certain plans, policies, and rules to develop and follow in order to have efficient strategies. When a new project is put into effect, the strategies will then need to be put into effect. When organizations such as Target implements the organizing functions of management, Target will need to use many different resources in order to aid their organization.
Organizing: this is the management function of gathering and coordinating the different systems and departments to function properly and benefit the financial situation of the organization.
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 achieve this goal the organization ought to invest time and money “now”, without affecting its current performance, i.e. innovation requires time and resources which should be planned for in such a way that it doesn’t affect the organization’s current functions. This implies that the company must boast of a very strong core to continue its current operations while focusing on the future.
| 2 3.7 Describe the organizing function of management. 3.8 Identify various types of organizational structures. 3.9 Explain the relationship between organizational functions and organizational structure.
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 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
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.
“Management is the planning, organizing, leading, and controlling of mankind and other resources to achieve organizational goals efficiently and effectively (University, p 4 2011)”. The greatest achievement of an organization is to provide goods and services that customer’s value. The managerial department of an organization has the power to determine the performance of the employee’s, which directly affects the quality of the service or product that is being supplied to the customer. “Managerial tasks are essential for effective management, which involves planning, organizing, leading, and controlling (University, p 6 2011)”. Planning is the process of identifying the suitable goals of an organization and how they will be implemented in the company. Organizing is the procedure that determines the departments of an organization. When departments have been established the next step is to decide who will work best at a particular job. The development of organization inside a business will form the organizational structure for the company. “Leading is the ability to inspire and organize individuals to work as a team to complete the goals of the business in an efficient and effective manner (University, p 9 2011)”. Controlling is being able to assess the procedures of a company and eliminate or change any strategy plans that are not showing high- performance levels. Controlling may consist of monitoring
Management in business is the coordination of people to accomplish set goals efficiently and effectively. It comprises of planning, organising, staffing, leading, and controlling an organisation. Management itself is also an academic discipline, a social science whose object of study is social organisation in order to accomplish a mutual goal.
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
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.