Functions of Management good management is vital for the success of any business and however most regulations adopted by the manager have an internal objective and depend on internal forces, they must at all times be developed with regard to the external forces as well. All these factors might influence corporate actions and therefore have an impact on the overall organizational goal. These factors of influence impact all four functions of management: planning, organizing, leading and controlling.
Among the internal factors which influence the four dimensions of management, one could point out:
Planning: the personal capabilities of the manager to develop and implement a plan; the manager's capability to foresee future events; the company's mission and goals and its capability to achieve these goals, including its available resources
Organizing: available resources, including personnel; communication systems
Leading: managers' capabilities to motivate and influence the staff; the communication system and constant cooperation between staff and management
Controlling: the objectiveness of the managers in evaluating the actions implemented by the organization and his capability to correct misused ones
Among the external forces which impact the four functions of management, one could point out:
Planning: external developments in planning, such as technologies; external resources; the strategies implemented by the competition
Organizing: external relationships with partners, such as intermediaries, suppliers and other stakeholders
Leading: strategies implemented by the competition; techniques required by the environment, such as minimum wage or environment protection
Controlling: the performance standards implemented by other companies or supervising and regulating authorities
All in all, there are universal features which influence the organization, such as the internal communication system and the skills of the staff, or the external strategies implemented by the competition and the requirements of the environment, but there are also specific requirements adapted to the certain function of the management.
References
Pakhare, J., 2007, Management Concepts - the Four Functions of Management, Buzzle Articles, http://www.buzzle.com/articles/management-concepts-the-four-functions-of-management.html, last accessed on March 3, 2008
Erven, B.L., 1994, the Five Functions of Management, the Ohio State University, http://ohioline.osu.edu/~mgtexcel/Function.htmllast accessed on March 3, 2008
Management Functions Management Model This paper is divided into three parts. The first part discusses the implications of the four functions of management model for today's managers and defends why these four functions are still applicable to each and every role of a manager in today's challenging business environment. The second part explains the importance of sustainability efforts for an organization and their impacts on the job responsibilities of a manager. It
Functions Management What are the different functions involved in management? How do they help one to achieve success in the workplace? In what ways does each of them enhance the organizational culture? One will study in depth the various aspects of managing others and apply them to a city Police Department setting. The four areas of management consist of planning, organizing, leading and controlling. Anyone that is in law enforcement has some
Functions Management The purpose of this report is to analyze the leadership and planning systems at Apple Inc. Apple has been one of the success stories of the past decade. Leadership has played a strong role in Apple's success, with the company generally thriving under Steve Jobs and struggling under other leaders. With Jobs' passing, the company faces a challenge of adapting its leadership and planning systems, both of which were
When all the needs or expectations of the stakeholders are met, the business will continue to thrive. Core Human Resource Functions Involuntary turnover is rampant among employees of high talent. These employees form then crucial asset that determine the overall success of the organization. Involuntary turnover occurs due to issues such as frequent absences, premature termination of contracts, sexual harassment or by the mere fact that an employee becomes overqualified for
E., planning, organizing and controlling); b) behavioural approach (focuses on the role of the individual, his needs and desires; every individual is different, hence they should be approached appropriately); c) management science (the efficient, sometimes mathematical approach, solving problems); d) systems approach (designing a precise system made up of the most important management components that precisely fit the specific sports genre); and e) contingency approach (this works on the assumption
Management There are a number of different definitions of management. The dictionary definition from Google is "the process of dealing with or controlling things or people." The Merriam-Webster definition adds that the process must be done "with a degree of skill." Management, therefore, is a professional discipline, one that can be studied, theorized about, and for which techniques can be developed and studied. Management literature generally agrees with this core, but elaborates.
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now