Every successful organization of the contemporary time uses some fundamental concepts of managing by which organizations perform deployment of different organizational resources to achieve strategic goals and objectives. While managing, top level managers create organization’s…
unbroken line of authority that links all persons in an organization and shows who reports to whom while illustrating the authority structure of the organization. This whole process is an example of effective practice of managing by the managers of any organization. Thus, ‘Management’ can be defined as, the process in which managers carry out activities of planning, organizing, staffing, leading and controlling to the achievement of organization’s overall goals and objectives1.
Although different scholars and theorists have defined the ‘Management’ in their own meaningful perspective, Henri Fayol – the unarguably founder of modern management – has described it as, “A theoretical subject and practice of performing and integrating managerial skills2”. According to him, management can be classified into four major functions. These functions are as planning, organizing, leading and controlling.
Planning: Planning includes identifying goals, objectives, methods, resources needed to carry out methods, responsibilities and dates for completion of tasks. Examples of planning are strategic planning, business planning, project planning, staffing planning, advertising and promotions planning, etc. It is the ongoing process of developing the business mission and objectives and determining how they will be accomplished. It is the function of management, with which, management symbolizes and makes sure while directing employee efforts towards group and attainment of organizational goals. In this function, long-term success of an organization is attempted to be made sure by making it necessary to set immediate and long-term goals, while selecting the appropriate approaches for their accomplishment. By planning, managers try to find answers to questions where? What? How? Who? When? Why? etc. If we look at the example of Imran Khan3 – founder of a famous cancer hospital in Pakistan – answered these questions in the late eighties and planned day in and day ...
Cite this document
(“Four function of management Essay Example | Topics and Well Written Essays - 750 words - 2”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/326189-four-function-of-management
(Four Function of Management Essay Example | Topics and Well Written Essays - 750 Words - 2)
“Four Function of Management Essay Example | Topics and Well Written Essays - 750 Words - 2”, n.d. https://studentshare.net/miscellaneous/326189-four-function-of-management.
Management, which is embedded in all aspects of a business, is a dynamic process of achieving desired goals and objectives by making effective use of people and organizational resources. There are four functions of management, which include planning, organizing, leading, and controlling.
This was exemplified in the 2010 Haitian earthquake that led to significant loss of lives and property. Rescue initiatives were hampered by different factors including lack of sufficient infrastructure. In particular, the region had experienced extensive destruction of transport and communication facilities.
Let us discuss each of these functions in some detail in order to know the relationship that exists between all of these functions. Planning Planning holds an utmost importance in the overall process of management. It means recognizing organizational goals and developing proper strategies to meet those goals.
With the use of these words, Henri Fayol (early pioneer in management theory) described the responsibilities as well as the limits of a manager while contributing to the goals of organization. Thus, Management - defined by Henri Fayol as a theoretical subject and practice of performing and integrating managerial skills - comprises of many functions which are classified into four major categories.
Before delving deep into the four functions of management, one must clearly comprehend the fact that these four functions must be inter-connected with each other at all times – so that the end result is complete, resolute in
A key rule that structural engineers must adhere to is that the resistance of every structural element as well as the structure as a whole such be greater than the maximum load that the structure will be exposed to over its lifetime, along with a built in safety
ture identifies only for functions of management including planning, organizing, leading, and controlling and tends to include staffing partly within the function of organizing and partly within leading.
Planning is the first and the foremost function of management. Planning
Popular culture is one of the inevitable elements of contemporary life experience. Before I took this course, I had never taken a critical look at popular culture. Personally, popular culture is embedded in my lifestyle. This ranges
5 Pages(1250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Four function of management for FREE!