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Four Functions Of Management

Submitted by zestyp on April 5, 2008

Category: Business
Words: 788 | Pages: 4
Views: 66
Popularity Rank: 88,825
Average Member Grade: N/A (Add a Comment / Grade this Paper)

Any organization, whether new or old, whether small or big need to run smoothly and achieve the goals and objectives which it has set forth. There are basically four management concepts that allow any organization to handle the tactical, planned and set decisions. The four basic functions of management are just to have a controlled plan over the preventive measure. The purpose of this paper is to discuss the four functions of management; which are planning, organizing, leading, controlling and how each of these functions relates to my current organization.
Planning is the process that management uses to accomplish the objectives of a business. The most common objective is to make money and planning defines how to get there. Examples would be what kind of business, or whether to expand to other products or concentrate on a narrower field, to grow by acquisitions or not to grow, to assist employees to further their career goals, to be socially or environmentally conscious, to have multiple locations or not. As a manager in my organization, I have used planning in multiple ways. One way in particular stands out regarding employee performance. Patrick is a very competent employee who does not have performance issues
that are in need correction. Active planning for Patrick will help him in my role as supervisor, so that goals can be set for him to achieve a supervisory position.
Organization is the process of deciding on the internal structure. The plans would include how to divide the work between managers by function; how to coordinate between departments; how to control each division of work, and what kind of people are needed at each level. Staffing is an important element including recruiting, hiring and training of people whose positions were defined in the organizational structure. It requires decisions about prior experience, compensation, benefits, evaluation and delegation. Once a year our organization is hectic as we are...

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