The Four Functions Of Management

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The Four Functions Of Management

Running head: THE FOUR FUNCTIONS OF MANAGEMENT

The Four Functions of Management



The Four Functions of Management
The four functions of management are Planning, Organizing, Leading, and Controlling (Bateman & Snell, 2007, p.16 chap 1). The four functions of management are to be looked upon as fundamentals. They should be followed rigorously and without haste. By following these four fundamentals of management, managers will operate more productively and with less waste of the companies resources.
The first fundamental of management is planning. Planning can be described as developing a roadmap for success. Before any kind of plan can be developed, first collect any and all data that may be relevant. Each month my manager and I assess what my performance to goal was. We look at what the determining factors were, and how they effected our performance. We then determine those challenges that may be faced again by analyzing the collected data. After reviewing the collected information, a plan can be developed that will improve performance.
Developing a plan is a very important part of management. A plan is the recipe for success that when followed, will ensure improved performance. The plan that is developed should include goals, a timeline or deadline, methods used, how many and of what resources are to be used by the company and who will carry out the plan.
The second fundamental part of management is organizing. According to Bateman and Snell, organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals (Bateman & Snell, 2007, p. 17 chap 1). Basically the organizing part of management getting together the who, what and where of a company. The "who" can be defined as the employees. The "what" is the resources used or the product that is sold. The "where" is the place the company is located and the location that the...
  • Submitted by: danteaz
  • Date Submitted: 12/09/2007 12:11 PM
  • Category: Business
  • Words: 834
  • Pages: 4
  • Views: 816
  • Rank: 5037

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