Functions of Management

Abstract

Managing people in organizations is a key role for managers and those in supervisory or decision making positions. Planning, organizing, leading and controlling are responsibilities that if used will advance businesses and associations if applied successfully. Understanding how to plan, organize, lead and control people is an art that all levels of administration should know and learn to use effectively.

Functions of Management

There are four roles of management, planning, organizing, leading and controlling. These functions are important and key to building solid competitive businesses. These are vital responsibilities for management and should be executed my all managers at all levels of administration. Planning, organizing, leading and controlling are skills that should be used for every managerial development or endeavor.

Planning

Management is the process of working with people and resources to achieve organizational goals. Manager are considered effective when they achieve organizational goals and efficient when goals are achieved using minimal resources (Bateman & Snell, 2009). Administrations that pay attention to effectiveness and efficiency are better managers than those who only pay attention to one or the other.

Companies that specify in advance goals and decide on what to do to ascertain objectives are planning for the future sustainment of the company. Planning requires analyzing past and current conditions, expectation of future projections, establishing purpose, deciding the direction of the company, choosing corporate and business policy and approach and securing financial resources to keep a company viable (Bateman & Snell, 2009).

Historically, planning is orchestrated by top executives who delegate the authority of implementing the plans to others who are in lower administrative positions.

Organizing

Organizing is the staging and synchronization of the human, financial, physical, communicational and other sources to bring about a harmonious organization. During this phase, companies spend time and effort to attract the right people. Jobs responsibilities are specified and people are grouped into work units, while budgets are divided to create environments where people and things work together to achieve utmost success (Bateman & Snell, 2009). The responsibility of organizing falls into the category of defining the structure of the business which involves designing an organizational chart that identifies functions and establishes reporting relationship. Managing is easier when managers have a flexible and adaptive organization. Generally the planning and organizational design of a company is the responsibility of human resource management (Bateman & Snell, 2009).

Leading

Leading