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Function of Management. ... The first function of management is planning. Of all
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organizing is the second function of management. Organizing is ...
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it Relates to My Organization In today’s corporate world ...
Submitted by SassyR36040 on May 31, 2006
Category: Business
Words: 607 | Pages: 3
Views: 281
Popularity Rank: 26,104
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Functions of Management
My definition of management is someone who is supervising someone or something. According to the Internet, management is the process of using organizational resources to achieve the organizations goals. (Jones, George, Hill, 2000) Organizational is a group of employees working together and managing their actions to achieve specific goals and objectives. In any business there has to be someone to plan, organize, lead and take control.
The first function of management is planning. Of all the functions of management, planning is the most important. Planning is setting the goals that can be achieved and deciding the right procedures necessary to achieve those goals. Three most important steps to good planning are first know which goals and objectives are being pursued. Second step is to know how should the goal be attained and the third is to know how should resources be allocated. Planning is associated with the future impact of today’s decisions. (Erven, 1994). After the company has planned the mission, objectives and visions, the company should then begin organizing.
The second management function is organizing. Organizing is gathering the coordinating the human, financial, physical, informational and other resources necessary to achieve the goals or objectives. Organizing is gathering the necessary members and things to work together to achieve the success. During organizing, the manager or supervisor will group employees and issue responsibility and authority to the departments associated with the tasks performed to achieve the goals. Some business creates an organization chart to identify business functions, establishing reporting relationship and have personnel department that administered plans, program and paperwork. Once the company has planned their goals and objectives, organized employees to help perform the goals, the company must then lead.
The third function of management is leading. Leading...
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