Management Functions

Management Four Functions

Organizations of all sizes develop and implement goals to be successful. Management use vision statement, goals, and objectives to implement the concepts developed for a smooth operation. Management is continually changing in the business world with changes in technology and more innovative thinking. Management uses four basic functions to accomplish operational decision-making for organization. The basic functions are planning, organizing, directing, and controlling.

Planning

Planning is the one area considered vitally important to managers. Planning allows management to specify goals for the organization and decide the course of action to accomplish those goals. Management can look at where a company currently stands, and where they will like to be. Determining the types of products to sell, the location to sell the products and possessing a business strategy allow management to plan organizations directions.

Organizations main goal is to make money. Planning provides for a cooperative and integrated system to accomplish organization goals. Top level managers can benefit from the whole company process of encouraging creative thinking from employees. Soliciting comments from customers and suppliers to maintain a competitive advantage in the business world creates a successful organization. The area of planning is a continual process. Once management establishes the goals and objective for and organization, they implement them.

Organizing

The second function of management is organizing. Management must organize the resources at their disposal to implement the decision of the planning function. Organizing allows organizations to develop and maintain relationships and use the organization resources to accomplish goals. Organizing involves coordinating organization personnel, finances, contacts, and resources to achieve the organization goals.

Companies attract and retain the best employees to remain successful. Organizing...