Functions of Management.

Essay by BOBOUniversity, Bachelor'sA+, September 2003

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The four functions of management are referred to as the management process,

These functions include planning, organizing, leading and controlling. It is vital for an organization manager to implement these functions to ensure the success of the company. The functions of management as described as follows:

Planning is setting goals and deciding on how to accomplish them. Planning is referred to as the "first" management function because all functions depend on planning.

Organizing is the second major function. It involves managers grouping resources, identifying jobs and activities that will result in an efficient and effective manner.

Leading is the process of influencing people to work towards a common goal to effectively meet the goals of the organization. Leading includes motivating, managing conflicts, effective communication and maintaining moral.

Controlling is the process of evaluating and regulating standards to ensure that goals are achieved and taking corrective actions when necessary.

These four functions of management should be the primary goal for managers to ensure success.

However, in order to be successful, managers also should possess certain important skills and the ability to use said skills to implement the process effectively. Skills such as, interpersonal, decisional and informational skills.

The functions of management are clearly present within my organization. In 1997, Kroger expanded its Accounting Center. Kroger had closed the doors on its Accounting offices in Atlanta, Cincinnati, and Columbus. The company had formed the Kroger Regional Accounting Center in Nashville, TN. This new venture would create up to 200 entry level positions for the Nashville job market. The newly formed service center was set up to provide accurate, timely and efficient accounting services in one location. At the accounting center we oversea all accounting functions including; payroll, banking, warehouse, inventory and accounts payable to name a few. In the past 4 years,