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Management is about changing people and we can alter people by helping them in progress their organization skills. Management is general and the principles of management are universal and common and are related to the particular organization. It’s the duty of a manager to know when and how to use and apply management techniques and procedures that help in the decision-making process as well as solving managerial issues. Management is actually a problem-solving technique that managers or leaders use to solve their troubles creatively. The manager must be aware of his current technologies, rate of production as well as the traditions and customs of the business furthermore their goal must be to satisfy their customers by providing them what they want. The term management can be defined as the process in which a group of people involved that follow a set of activities or actions. Managers survive in every business but managers do the equivalent types of responsibilities in all company. There are some challenges that are faced by the managers in one or the other way. It’s a challenge for managers to efficiently utilize the resources and to get the work done from his subordinates at the right time duration. Efficient and effective managers play a very important role in any organization. Therefore, the goal or target of business management is to generate assets, capital in addition to profits for the company and present some worth that is needed by the customers. The whole process of business management involves some facts as well that plays a crucial role for a particular business environment. Firstly, the must do study and investigate the market place to find out the means and measures that generates profitable business occurrences. Secondly develop approaches in favor of managing markets, managing company’s operations, managing finances and budgets and then managing human resource that plays a crucial role in any organization. The next step would be off course putting into practice all those approaches through planning, organizing, motivating and control. To remain in long lasting way in the business and for survival it must be required that business must be managed in a responsible and principled behavior by concentrating on the issues that are related to the organizational environment as well as resources, tasks and responsibilities in addition to employees’ professional objectives. Management on every level symbolizes several mechanism and procedures, consequently these intricate and complex problems can be resolved easily by following the four functions of management. These four functions of management are planning, organizing, leading and coordinating. The projected as well as intentional outcome is to exercise business resources in a manner that achieve its operation in addition to the objectives. Each factor is significant and one cannot function sound without the others. Their description further tells every aspect’s importance that will clarify their details and significance of every function.
The first step of management function is planning; the term planning can be defined as the enduring course of developing the business mission and targets and determining the way they should be attained. Planning normally includes recognize goals, objectives, means, wealth needed to carry out the responsibilities and keeping in mind the dates for task completion. Planning actually keeps an eye on the whole organization i.e. the organization’s mission or targets and then must adopt the course of action that helps to achieve that particular goal or aim. It is a well-known fact that making plans or have a proper procedure before talking action is an element of success in favor of every individual. Planning is actually like a ground work and on the basis of good plans other functions are based. So its foundation must be so tough that it doesn’t harm the whole process. In fact, planning focuses on setting goals or targets and then recognizing proper and correct procedures that are helpful in accomplishing those targets along with the resources as well as the internal and external factors that improve or delay your whole management process. According to me planning is a very important aspect of management so I also take time and then plan things accordingly. That’s the reason the administration assigned me the task that would generate constant enhancement and improvement so that production must be increased and losses are reduced. Therefore, I planned the goals that must be profitable to the organization in long run. But according to my observation sometimes organizations give little attention to long term goals that’s why it leads to failures. On the other hand, organizations give more importance to internal factors.
Then next step of management function is organizing. The term organizing can be defined as creating the internal structure of the organization from business point of view. The mission is on distribution, harmonization and direct those tasks along with the required relevant information surrounded by the organization. So, organizing is assigning and configuring resources to complete the ideal goals and objectives. The important thing regarding organizing is to take notice that whether employees have those assets and capital that is needed along them or not means whatever was recognized throughout the planning function. This is based upon substantial equipments to work or the essential data and record presented to the business personnel. On the other hand, organizing is also based upon another term named delegation, which is the allocation of power and right to influence others. That’s the reason delegations give liberty to the manager and in this way he gives more time to the activities or things that are more important and significant. But delegation doesn’t mean that the whole authority is in hand of subordinates and manager is free from the workload. But instead, manager is also accountable and responsible for the actions of his employees. So, it is assumed that a clever manager is the one who can equally distribute conscientiousness between mangers as well as the employees. In the organization where I have worked in the past rely upon a large group of people that were involved in delegation. The reason behind this is the management assumption of generating a large number of view points regarding the scheme that leads to better or even worse outcomes, but it is recommended that it is significant in any organization to work in teams.
The third function of management is leading. The term leading can be defined as manipulating people’s deeds through inspiration, communication, group dynamics, leadership and obedience. The purpose behind leading is to direct the manners of all workforce to achieve the organization’s operations and objectives at the same time serving them to accomplish their objectives. In short leading is to begin a course and influencing people to go behind that course of action. In fact, Managing and leading are not the identical activities. It’s the duty or responsibility of a manager to supervise employees so therefore he ensures that responsibilities are accomplished within the time frames and guidelines are being pursued. In reality the subordinates go after their managers as he is the head and he is more experienced and better know what to do and how to do. On the other hand, workers are inspired by the leader because he directs them to follow the rules through which the organizations goals would be achieved. Ideally the managers are like a leader as they guide their employees effectively and efficiently the methods and techniques that encourage them to reach at their destination. In fact, leading is not a single entity but comprises many aspects that are related to them that includes firstly lead yourself, lead others who are along with you, lead the whole group that are in coordination with you, finally lead the whole organization with you. Leading yourself means your career as well as personal development that help in achieving success. Leading others means setting goals and build trust that minimizes conflicts. On the other hand, leading groups means solving problem that is incorporated by the whole group and held meetings. Finally leading organizations focuses on strategic direction that helps in the overall decision-making process.
The last but not the least function of management is control. The term controlling can be defined as a method of setting up performance standards that are based on the company’s objectives, assessing and reporting actual performance and contrast them, and taking counteractive or precautionary measure if required. Therefore, coordinating is examining and regulating resources and processes to achieve goals and objectives in an extremely effective and efficient style. Being a manager or at the same time an individual of a team controlling is to examining the entire characteristics that guarantee firms profitability as well as success. This step helps you to determine the overall effectiveness and efficiency of the group procedures in turn of the planned goals that you desired. On the earlier periods I along with the management teams worked together but we strongly focused on performance metrics, customer surveys, and quarterly testimonials to calculate and determine their performance. In the organizations, management often faces a variety of difficult tasks and for soling them in an efficient manner they need to follow trouble-free procedure that comprises the functions of management and it gives a way to achieve success in the business.
Management sensation is achieved through execution of mission and objectives. Managers not succeed when they do not achieve their mission and objectives. Achievement and disappointment are coupled in a straight line to the reasons for being in business. Conversely, completing mission and objectives is not enough infect success involve both effectiveness and efficiency. Efficiency illustrates the association between the number of resources used (input) and the extent to which objectives were accomplished (output). If the cost of accomplishing an objective is excessive, then the objective is not reasonable in the framework of the firm’s resources.
Erven, B. L. (n.d.). The Five Functions of Management. Retrieved from Ohio State Creative Problem Solving: http://www.ag.ohio state.edu/~mgtexcel/Function.html
James Higgins, The Management Challenge, Second edition, Macmillan, 1994.
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