Four_Functions_of_Management

Four Functions of Management Johnny L Rivers MGT 330 Management November 06, 2009 Dr. Anthony Bretti Four Functions of management Any group or organization, whether old or new, whether big or small need to run smoothly and achieve the objectives and goals which it has set forth. For this reason organization and companies have developed and implement their own management concepts. There are four management concepts they use. These concepts allow any organizations to handle the tactical, set and planned decisions. (2009) To have control over the preventive measure the four basic functions of management must be implemented. Putting planning, organizing, leading, and controlling into action require forming groupswith these specific tasks at hand. The second function of the management is getting organized. Structuring the work of the organization is a vital concern order to reach the objective outlined in the planning process. Organization is a matter of appointing individuals to responsibilities or assignments that blend together to accomplish the goals driven by one purpose. These goals will be reached in accordance with the company’s procedures and values. A manager must know the internal and external of the company; however, his most important valuable resource is the employee. This is achieved through setting up the training for the employees, management staffing the work division, organizing the work group into a productive team, and acquiring resources. Developing the companies’ internal structure is very important to a companies’ future success. Department must be establish and personnel must be structured. The finance allotted for internal funds must not exceed the revenue expected by the planning. Organization management is the second key to a successful outlook; however, it takes everyone work in their own capacity with togetherness. (Allen, 1998) Controlling is the last step to these functions. Controlling is very vital to making sure the other functions stay on track. Controlling consist of evaluation of reports, adjusting directions given and preplanning to move forward in the next quarter. This plan guarantees plans are being implemented properly. Control management includes established performance standards based on the companies or group objectives. It involves reporting and evaluating of specific job performance. These studies decide whether necessary action of corrective prevention is needed. In an attempt to eliminating preference problems, higher standards should be implemented by managers. Control allows for delegated members to be held accounted for departments and processes. This help department heads or leading members take necessary preventive measures against the consequences. (Bateman, Snell, 2007) The four functions of management planning, organizing, leading and controlling are of vital important the success of any business or group. Efficient and Effective management leads to positive out put, the success where it attains the goals and objectives of the organization. Solving problems in all four functions of management is the ultimate goal and aim of creative management. Reference Cited Bateman, T. S., & Snell, S. (2007). Management: leading and collaborating in a competitive world (7th ed.). : McGraw - Hill. Allen, G. (1998). In supervision. Retrieved November 06, 2009 from http://ollie.dcccd.edu/mgmt1374/contents.html Sayeconomy. (2009). All about economy on the web . Retrieved November 06, 2009 from http://Izdelava spletnih strani nasplet.com