ryanair management

2459 WordsFeb 13, 201410 Pages
Table of Contents Objectives 2 Introduction to management 3-5 Functions of management 6-7 Benefits of management 8-9 How to improve management? .10-11 Conclusion……………………………………………………………………………………………………………………….………………12 Biblography……………………………………………………………………………………………………………………………………..13 Objectives In this short project we will be discussing why management is important within an organisation. The organisation we will be reviewing is Ryanair.  What is management?  Functions of management  Why is management important in an organisation?  What are the benefits of management in an organisation?  How can management be improved in an organisation?…show more content…
Planning: 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. The strategic plan of Ryanair has been to establish itself as Europe’s leading low-fares airline.” Ryanair aims to offer low fares that generate increased passenger traffic while maintaining a continuous focus on cost-containment and operating efficiencies.” (www.ryanair.com) Organising: 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”. Managers at Ryanair implemented a strategy to keep operation costs low by limiting its fleet primarily to three variants of a single type of aircraft from a single manufacturer most of which are Boeing 737, this reduces the cost of personal training, maintenance and the purchase and storage of spare parts. It also leads to greater flexibility among crews as pilots and engineers are familiar with the aircraft. (www.ryanair.com) Leading: Leaders motivate and communicate with employees, this involves daily personal contact with people to guide and inspire them toward

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