Monday, 11 April 2016

Nature Of Management


The four management functions are as follows: 1) Planning, 2) Organizing, 3) Leading,
and 4) Controlling. 

1) Planning- Planning includes the necessary steps to be
taken to formulate a concrete plan aimed towards a goal that benefits the organization
overall. 

2) Organizing- Organizing includes the necessary steps to be taken
to accumulate and distribute company resources in accordance with the aforementioned plan. This
would also include the delegation of tasks to employees, and so on.

3)
Leading- Leading includes the interpersonal interactions necessary to form solid relationships
between manager and employee. This includes communication, motivational speech, encouragement,
critiques, and so on. 

4) Controlling- Controlling involves a comparison
between the goals that were set and the actual results in relation to those goals. If the goals
are not met, changes may be needed to be made within the company. These includes promotions,
demotions, firings, and so on.

In any management position, these functions
are required. However, the degree to which each function is maintained differs according to
management level. For example, top-level managers are primarily responsible for control and
oversight of the entire organization. This would correspond to the control and planning sections
of management function. In contrast, middle-level managers are primarily responsible for the
execution of company plans. They take their orders from the top-level managers, so they may be
more focused on producing order within the company, and are not as involved with overall company
oversight. Furthermore, low-level managers are even further removed from the top, and have very
little say concerning the overall direction of the company. This level would involve more direct
leadership, such as interpersonal communication on a day-to-day basis, thereby corresponding to
the leadership function. 

href="https://courses.lumenlearning.com/boundless-business/chapter/types-of-management/">https://courses.lumenlearning.com/boundless-business/chap...
href="https://en.wikipedia.org/wiki/Organizational_culture">https://en.wikipedia.org/wiki/Organizational_culture]]>

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