¶ … Functions of Management
Management is defined as the process of getting work done through others in a manner that succeeds in achieving organizational and business goals. This simple definition has led to the outline of four broad management functions: planning, organizing, leading and controlling (Harris, 1993, p. 372). It is also important to note that the management process involves taking into consideration a firm's resources. As such, this implies that managers at all levels in an organization must execute the four functions of planning, organizing, leading and controlling since they are responsible for the people and factors of production that are under their charge (Faille & O'Connor, 2000, p. 203). It is the objective of this paper to describe the four functions of management and their importance to an organization.
The planning function involves the defining of goals as well as development of strategies or plans that are designed to achieve the set goals and other objectives. Thus, the planning function includes goal definitions, business plans, strategy development, resource planning, and design of operational methods (McNamara, 1999, para 4). Of course, the extent to which an individual manager is involved in the planning function will depend on her or his seniority and responsibility level within an organization. Thus, only senior management and departmental...
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now