Four Key Functions to Success in Management

Four Key Functions to Success in Management

An essential responsibility for managers in any business is to provide planning, organizing, leading, and controlling functions. To remain competitive and reach company goals a manager must organize these functions. Executing these plans requires forming teams of employees as well as peers who must be directed to complete the plan through controlled functions. In today’s business world, managers must adapt to changing conditions and relate the established functions of management. These four functions: planning, organizing, leading, and controlling “remain as relevant as ever, and they provide the fundamentals that are needed in start-ups as much as in established corporations” (Bateman & Snell, 2009, p-19, para-3).

The first of these four functions in the management process is planning. An essential characterization between high performing and low performing managers lies within the planning procedure. Planning consists of thinking critically through goals and making decisions regarding what needs to be accomplished to reach the organizations’ objectives. “Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals” (Bateman & Snell, 2009, p-19, para-4). Planning is the first step and is essential in mapping out the organizations goals and objectives. Jacobson Companies has a vision to provide the best supply chain services to its customers. Employees at Jacobson Companies are committed to excellence and through the companies’ well written Mission and Vision Statements, Jacobson Companies adhere to its values, which make clear the company’s goals and objectives. Reliability in the results that are achieved and how they were reached by delivering a competitive advantage for its customers and growth opportunities for its employees. The continual use of a plan is vital as Jacobson Companies services customers around the nation. Planning allows Jacobson...