Management is vital to the success of any business. Management is effectively and efficiently accomplishing a set goal. The key is the team collaboration in the executing phase of the goal. Successful management is cohesion of both efficacy and efficiency. A successful management team will have the fundamental functions. There are four core functions of management; planning, organizing, leading, and controlling.
“Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals” (Bateman & Snell, 2009, Chapter 1). By planning, management is specifically outlining the objectives. Objectives are specific milestones ...view middle of the document...
This will identify the specific duties of each individual, department, program, and manager. When ideas are well planned and well organized, they work together like a well oiled machine.
Leading is the ability to get others to reach a goal. “It includes motivating and communicating with employees, individually and in groups” (Bateman & Snell, 2009, Chapter 1). Leading requires setting an example, encouragement, and motivation. A leader must be able to set the example for which to be followed. A leader must also encourage their people to rise up. Contributing to plans, brainstorming, training, and the running of the business can be done by people outside of management. In recent years, it has been recognized that some entry level or middle employees can contribute to the growth and expansion of the company. Leading is about guiding your people into success.
Controlling is the method by which we evaluate and keep employee’s production at expectations. This function is the means by which all others are measured. This will determine how well the organization is abiding by the plan. Proper monitoring and evaluating can lead to the essential changes that will ensure goals and quality requirements are met. Having control is not just about control of people, but also control of situations and financial concerns. “By controlling, managers make sure the...