Roles Of Managers In Functional Areas Of Business

863 words - 4 pages

The Roles of Managers in Functional Areas of Business
Maureen Glidewell
MGT 521
1/30/14
Shirley Fitzgerald

Managers are a key element in the operation of any business or organization. The success of any business is going to depend on managers and the employees that they manage. While different types of business will dictate different job functions for a manager, all managers will have the same fundamental roles, planning, organizing, leading and controlling, in whatever functional area of business they are working.
The most important role that a manager plays in any functional area of business is that of planning. Planning in a business involves setting goals and formulating ...view middle of the document...

They are also responsible for organizing the employees and allocating resources needed to meet the objectives. Once employees have been organized, tasks must be assigned to employees or departments and authority must be given to complete them. Resources must also be allocated to the plans to be sure that everything that is needed for the task is available. Management coordinates the staff necessary and makes sure that information is disseminated to everyone involved.

Leading can be defined as "Stimulating people to be high performers; includes motivating and communicating with employees, individually and in groups" (Bateman & Snell, 2007, p. 13). Leading involves motivation and influencing employees. A good leader will inspire employees or members to work towards the goals of the organization. Inspired and motivated employees are more productive, and goals of the organization will more likely be met. There are different styles of leadership that a manager can adopt. There will situations that arise that will require different approaches to leadership with the organization. Managers should adapt their leadership style to one that most effectively meets the objectives while balancing the interests of the individuals that they manage. (Boundless, 2013)
Controlling is the last role of management in functional areas of business. Controlling is the process that measures the performance against the objectives set during the planning phase. Measuring actual revenue/expense results to budgets is a form of controlling. Management will do performance appraisals as a form of controlling. These performance appraisals are based on specific job descriptions that were created in the planning phase. Controlling...

Other Papers Like Roles of Managers in Functional Areas of Business

Functional Areas Of Business Essay

1000 words - 4 pages * Leadership * Accounting * Finance * Economics * Research & Statistics * Operations Management * Marketing * Strategic Planning Functional Areas Each functional area of a business is typically established as its own department and led by a manager who is an expert in that field, but all are very closely interrelated. Management/Leadership The management and leadership functions very much go hand in hand

Functional Areas Of Business Essay

499 words - 2 pages Functional Areas of Business: One of the functional areas of business that I will like pursue is Human Resources Management or Operations Management. Human Resources because I will like to be the one that will conduct the hiring, trained, guide or manage of that employee to the company. Making sure that the correct personnel gets hired to perform the job. The other functional area I like is Operations Management making sure the process of

Functional Areas of Business Paper

555 words - 3 pages Functional Areas of Business Paper Traci Stevenson MGTP/521-Management September 10, 2012 Kenneth Sherman The role that one should play as a manager in the functional areas of human resource management is making sure within my organization that I focus on the recruitment of the best workers they need in our organization success. I want to make sure that each person can work comfortable and safe environment. Human resource management

Mgt 521 Functional Areas of Business

992 words - 4 pages and begin to address the need for growth. If a business is not growing, it is failing. "Small businesses that grow during their first four years of establishment more than double their chance of survival (Perks, p. 221, 2010). In chapter one of the text, Management, it states that managers plan, organize, lead, and control in an effort to achieve the organizations stated purposes (Robbins & Coulter, 2010). Each of these functional areas

Functional Areas of Buisness

1017 words - 5 pages Functional Areas of Business MGT/521 November 13, 2013 Functional Areas of Business There are several functional areas of business, however, there are two areas that I am most interested in, they are Management and Leadership. The reason that I am interested in these areas is that throughout my military career I had to fill both of these roles. I enjoyed watching my troops grow professionally and personally as well as watching them get

Managers Functional Role in Business

1074 words - 5 pages establish support the organizations vision. There are many facets that are involved in the functional areas of a business but the areas that are most important will be determined by the type of business and the goals and objectives that have been established. Successful managers must be flexible and committed to accomplishing the goals of the organization. 5 References Guest, D. & Woodrow, C. (2012). Exploring the Boundaries of

Role of a Manager Within the Functional Areas of Business

882 words - 4 pages Role of a Manager within the Functional Areas of Business MGT/521 10/12/2012 Carlton Robinson Abstract According to the University of Phoenix MBA Overview Module (n.d.), there are 11 functional areas of business that managers play an important role. However, for the purposes of this paper, we will focus on in my opinion the four major functional areas of a business (management, human resource, finance and marketing) that managers play a

Functional Roles Of A Manager

1771 words - 8 pages Roles of a Manager Roles of a manager in the functional areas of business The primary responsibilities of a manager within the functional areas of business is to create an image of himself with the organization which helps in delivering the tasks as per the vision and mission of an organization by influencing the team positively. In today’s fast paced globalized and technological enhanced business environment the roles of the managers

Analyzing the Role of a Manager Within the Functional Areas of Business

826 words - 4 pages should be, and managers must monitor and evaluate performance. Actual performance must be compared with a set of goals and adjusted accordingly. In conclusion, the roles of managers within the functional area of business is to plan by setting goals and direction, organize by coordinating resources, leading by motivating subordinates and lastly by controlling to ensure all goals are met. They have specific responsibilities depending on the needs

Functional Area of Business

768 words - 4 pages Functional Area of Business Therapon Pongpiachan MGT/521 October 23, 2013 Judith Gray Functional Area of Business Managers are integral in the proper functioning of a business. Even though the type of a business will determine varying roles and functions of a manager, all managers have the same fundamental functions that ensure the business runs as efficiently as possible. A manager deals with in the functional areas of any business four

Functional Forms of Business

660 words - 3 pages ) 2.01 1.93 0.67 1.29 1.53 1.62 1.35 1.38 0.44 0.99 1.24 1.06 LINEAR QUADRATIC RECIPROCAL LOG-LOG LOG-LINEAR LINEAR-LOG -7.13 6.06 2.01 0.07 30.32 -127.18 0.29 1.59 -34.86 0.99 0.09 21.31 - The marginal effect gives the dollar change in hourly wage from an additional year of education. - The elasticity gives the percentage change in hourly wage from a percentage change in education. One additional year of education is estimated to

Related Essays

Functional Areas Of Business Essay

924 words - 4 pages  Functional Areas of Business MGT/521 November 17, 2014 Kimberly Roberts Functional Areas of Business Managers do more than just manage people. Managing involves managing different areas of a business as well. Managers are also responsible for enabling learning by the employees. The roles of managers in the different areas of business depend on the functional area of the business. The different roles of managers in the

Functional Areas Of Business Essay

876 words - 4 pages Functional Areas of Business April Kuhia MGT521 September 8, 2014 Renee Green Functional Areas of Business Every organization big or small relies on a number of key functions that are vital for success. Small businesses may have one or two individuals but, in a big organization, a number of individuals with special qualifications are needed to perform different tasks or functions. Managers have to study the functional areas of

Functional Areas Of Business Essay

1068 words - 5 pages Management within Functional Areas of Business Mike Bit MGT 521 5/25/14 Alish Flem Management within Functional Areas of Business Managers are an essential part of any functioning business. They are responsible for the planning and implementation of short and long-term goals, and for coordinating and supervising the work of a company's employees to meet these goals. Regardless of the size of the institution

Functional Areas Of Business Essay

572 words - 3 pages Functional Areas of Business Regardless of the different strategies and missions companies may have, all types of organization share a common denominator. This common denominator is the functional areas of business that companies have no matter what types of industry they are in. The functional areas of business may vary from company and industry but its core elements exist in any operating entity. Some of the common functional areas of