4 functions of management essay

The four functions of management described at Zappos are planning, organization, leading, and controlling…, three of the four major functions of management. Without an good and efficient leader, Subordinates won’t stimulate a high performance from them. According to Stanley Vance, management is ‘the process of decision making and control over the action of human beings for the expressed purpose of attaining pre-determined goals.’. In other words, doing the right thing in the right way can be useful in increasing the level of productivity. Directing tries to motivate and lead the workers towards business goals. Product or services: In this case, there is a need for the description of product or service being produced and sold, benefits to consumers from consuming this product or service, how it is different from competitors. Managers at all levels use these functions for all their management tasks. Planning, leading, controlling, and organizing are important functions for managers. Thus, these are 2 cases of strategies which are designed to help the business achieve its aim. Also, it helps to set objectives against which the performance of the business can be measured. Consider their time, interests, and capabilities. Moreover, it helps the workers by guiding them which is the right direction. The four basic functions of management are just to have a controlled plan over the preventive measure. The manager must ensure the different departments’ co-ordinate among themselves and identify the powers and duties which are given to each one of them. Nicosia 1065 This part of organizing deals with Division of Labour. An example is classifying the workers in charge of welding under a separate supervisor, or forming up a team of software engineers under a team leader. Home Depot implements core management concepts. These functions include planning, organizing, leading and controlling. At this point, the task of management is more concerned with guiding, leading and supervising people than just telling them what to do. (Burchielli & Bartram 2009) It is setting direction and influencing team members to follow that direction. It enables management to identify the main causes of action needed to start and run the business. Read this Business Essay and over 89,000 other research documents. Controlling production to ensure high levels of efficiency. Four Functions Of Management Essay 820 Words | 4 Pages. All activities which have been occurred should first of all be identified in an organization. SWOT Analysis is a technique used by the marketing department to assess a product by identifying its strength, weaknesses, opportunities and threats. Analyzing the profitability of new investment projects. It is a poor manager who does not plan for the future at all. Society could function with ineffective managers and management to some extent but not to its optimum. Planning presupposes controlling and controlling succeeds planning. Four Functions of ManagementToday companies should challenge themselves to have all four functions of management in order to have successful endeavors. Advantages And Disadvantages Of The Political Economy Of MEN, Romanticism And Modernism In Joseph Conrad's Heart Of Darkness, The Theme Of Death In Ode To A Nightingale. 32 Stasicratous Street Zappos prides itself on having the right vision, “the right vision inspires employees to want to do the things beyond expectations.” (Bateman, T. S., Snell, S., & Konopaske, R., 2016) There will be a common feeling in the organization of having something to work towards. Controlling is a dynamic process- as controlling requires taking reviewable methods; wherever possible changes have to be mad. Essays Related to The Four Functions of Management. Get Your Custom Essay on Management Functions Just from $13,9/Page. Most small organizations mainly sole traders are informal organization because the owner shoulders all the responsibilities in owning and running the business. Preparing job descriptions and job satisfactions. This function makes sure that goals are met. That is, to find out customer’s needs and information about competitors, the size of the market, information about customers who uses the product, assessing the future needs of the market. However, authors of management books have combined them into four functions, which are planning, organizing, leading and controlling (Pryor and Taneja, 2010, p. 589). Taken together, these form the foundation of managerial theory and strategy, in… Pages: 3 (870 … The intended result is the use of an organization's resources in a way that ac-complishes its mission, goals and objectives.The term management characterizes the process of and/or the person leading and di-recting all or part of an organization or business through the … However, Harold Koontz’s point of view was that management is ‘the art of getting things done through and with people in formally organized groups. Leading is the third element .It Is the management function through which a manager set the standards, then compares the performance of staff against these standards , If required, corrective action must be taken. Pervasive function - At all levels of organization, leading is necessary. The manager’s overall effectiveness in leading these functions is directly correlated to the organization’s attainment of desired results. By heavily incorporating the four functions of management: planning, organizing, leading, and controlling, a strong system of management can be built, thereby…, The leadership style at Zappos focuses on empowering employees, by using four management functions: planning, organizing, leading, and controlling. Simply classifying and handing over responsibility is not enough. Essay Four Functions Of Management 5 Category Africa America American History Ancient Art Asia Biographies Book Reports Business Creative Writing Dance Economics English Europe History Humanities Literature Medicine Middle East Miscellaneous Music and Movies Philosophy Poetry & Poets … That is, a happy worker is a productive worker. It will provide regular checks on the progress regarding cash flows, financial forecast and objectives of the business. ", According to Donnell, "Just as a navigator continually takes reading to ensure whether he is relative to a planned action, so should a business manager continually take reading to assure himself that his enterprise is on right course.". Once the plan is finalized, the resources of the business will be used accordingly. Thus, through this process, the organization will achieve its objectives and in addition, accomplish their personal or career goals, which can be powered by motivation, communication, department dynamic and department leadership. Planning involves deciding on the course of action of the organization. Keeping control of the cash flow of the business. Human factor – In addition, directing is a human function of management. Management is accomplished through four functions of management: planning, organizing, leading, and controlling. Controlling is a pervasive function- which means managers make use of it at all level and in multiple types of concerns. Evaluating is the last function of management. It also shows different levels of hierarchy within the firm and the responsibility of each staff. Financial plan: It is the preparation of financial documents such as the income statement, Balance sheet, cash flows, break-even analysis, budgeting and costing and other financial forecast. What are the four functions of management described in the video? Henc… The act of management is defined as the efficient and effective pursuit of organizational goals by integrating the work of people through planning, organizing, leading, and controlling the resources of the organization (Kinicki & Williams, 2013). Are made in respect to the plans is needed by any organization to handle the tactical, planned and decisions. This case, evaluating also called as directing with ineffective managers and management to better understand the.... Effective reporting, Co-ordination between authority and responsibility of account, making sales, record,... 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