Planning_Function_of_Management

FUNCTION OF MANAGEMENT The four function of management are a theory and comprise the key functions any manage4r should perform to ensure business success. The function are Planning, Organizing, Leading and Controlling. Planning is the first step in any management process. The correct situation has to be reviewed and an objective for the future has to be set. Next the plan has to be devised to explain how the objective can be achieved. It is not uncommon that lack of planning results in failure of a campaign or project. Hot planning can result in expensive failures. For this reason planning needs to be at the top of manager list. ***Planning implies that we must think through our goals and actions in advance and decide what to do and how to do. This brings consideration of organizations goal and objectives. Planning is the most important function because it gives us an idea of what we actually want to do. Planning is a condition to successfully finish all your function of management. We need to decide exactly what we want to do. We also have to make plan how we are going to achieve that. Once we have a plan made we can move to the second function of management. Organization is the second function of management. Managers sometimes feel that they should not get involved with the actual implementation and tactical activities. The managers needs to allocate resources and ensure his team have everything they need to do the work they have been asked to do. This includes providing materials, allocating the right staff or providing training where required. ***The second function of management is Organizing. We need to organize everything in order to achieve our goal. We need to find people who will work on that project and we need to gather resources which we need to reach our goal. Once we organize everything we can move to the third function of management. ***General company procedure demand good organization from the leader and managers. Management is responsible for organizing all activities of the employees. This includes meetings that bring together all the employees on board. These meetings, employees are able to exchange views and ideas on how best to improve their work. Leading is the third function of management. Leading a team involves motivating staff, praising or criticizing. Setting individuals objectives and ensuring these are being achieved. It is also involves leading by example and persuading or convincing the team of the importance of the organizational objectives. ***Leading is hardest function of all four. We need to know our people in order to lead them correctly and to maximize our effectiveness. Leadership is also described as directing people to do specific duties by influencing their personal behavior through incentives and motivation, teamwork, individual dynamics and discipline. Controlling is the fourth function of management. Every manager needs to control its budgetary spend. Without consistent controlling a manager wont know it their budget is spent in the most profitable way and changes should be implement. Without measuring and controlling, the team won’t know if what they do is best for the company and cannot learn from previous mistakes. ***The last function is controlling. We must explain what controlling actually is. Controlling enables us to improve our skills and process in future by correcting errors that happened during this cycle. The four function of management can be applied to the day to day running of a department. Every employee should apply those principles on their own level to ensure they are achieving the best they can. Ignoring any of the four principle can result in failure of business success. Therefore, the four principle of management have to be a priority for any successful manager. Everything we do in our lives should start with planning, next is organizing then going into leading everything to the end and on the end controlling everything. We did and learning to improve it in the future.