Functions of Management

Functions of Management

Elizabeth Gibson

University of Phoenix

Functions of Management

Introduction

In a self-motivated society, management is adept in looking towards change; their impact obtains appropriate measures to deal with such changes. Management is a problem solving process, in which the public uses resources to achieve organizational goals. To attain these organizational goals, one must be effective and efficient with the bare minimum waste of resources. Management makes good use of science and art in order to accomplish predetermined objectives (Montana and Charnov, 2000). Management consists of four unique processes: (1) planning, (2) organizing, (3) leading, and (4) controlling.

Planning

Bateman and Snell (2009) state, "planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals" (p. 19). This includes what an individual wants to achieve and how to achieve. As a result, planning incorporates a determination of objectives, establishing rules and procedures, establishing policies and strategies, budgeting, and so forth.

Peter F. Drucker and Masatoshi Ito Graduate School...

A graphical representation of the managerial grid ...

English: Burkle Building, Peter F. Drucker and Mas...

Planning helps to bridge the gap where individuals are and where they want to go (Montana & Charnov, 2000). Planning is the most important function and without planning, the other functions can not be carried out effectively.

Organizing

Organizing takes on many definitions in managing a corporation or business. First, organizing is defined as dividing resources such as departmental positions and delegating responsibilities to a single location, in order to execute strategies in a very effective and efficient way. Additionally, organizing is a wide-range of activities that includes a number of organizational topics. The organizing function can be viewed as a bridge linking the conceptual idea developed in creating and planning to the specific means for accomplishing these ideas (Management Function of Organizing: Overview of Methods, 2008).

Leading

The function of leading...