Functions of ManagementThere are four functions of management: planning, leading, organizing, and controlling. Each function works with the other, without one function there can not be a stable environment. Each major company, small business, and organization must use each function to have a successful business. Even in my own work environment all four functions are essential to the job. The functions of management do not guarantee that a business will be successful, but the functions do help to achieve the goals for that particular business.
Management is defined as the organizing and controlling of the affairs of a business or a particular sector of a business. In order to manage a business planning is needed. Planning is defined as ÃÂspecifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goalsÃÂ (Bateman & Snell, 2007, Management: Leading and Collaborating, pg16). Planning is the first step in running a business.
In order to make money, a business owner must plan out the goals for the business. Planning can include what days a business is going to be open, or the objective for the business.
Organizing is the function that prepares the business in any way to achieve the planned goals. When organizing for the planned goals the main concern is how to be successful. Bateman and Snell (2007) stated, ÃÂOrganizing activities include attracting people to the organization, specifying job responsibilities, grouping jobs into work units, marshaling and allocating resources, and creating conditions so that people and things work together to achieve maximum successÃÂ (pg 17). Organization is a major factor in a business, because it deals with so many aspects of running the business.
The next function of management is leading. There has to be a leader in every business. Whether the leader is...