Functions of Management
MGT 330
Week 1
The method of management is changing substantially. Therefore, managers must recognize the four functions of management. They are planning, organizing, leading, and controlling. The four functions of management are needed in a new business that is just starting (Bateman, Snell, 2007).
In today's society, managers need to engage in planning (Buhler, 1998). The key is to conduct strategic planning. Planning is the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman, Snell, 2007). Planning activities include analyzing current situations, anticipating the future, determining objectives, and determining the resources needed to achieve the organization's goal. Planning will set the stage for action and major achievements (Bateman, Snell, 2007). Planning also consist of establishing business plans and telling others how to implement them. At my place of employment, planning is done by the top executives. They implement the plan and tell us how they want it to be done. Top executives try to plan exactly what the customers want in the organization. For example, if the customer does not want to wait a long time to be called to registration then it is a good idea for the managers to implement a plan to satisfy the customer.
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