Businesses are always changing. Technology, new innovations and many other things effect all each other. Managers now more than ever have to change along with the times and adapt to each and every situation. But there are some things that will always remain the same, and that is the Four Functions of Management. These functions are planning, organizing, leading and controlling. All is need to have a successful business and become a successful manager.
“Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals.” For example at the Courtyard by Marriott, plans out what goals it want to achieve in the up coming year. From there those goals heavily influences what activities its going to participate in and how it budgets, all the way down to what is going to be talked about in daily meetings. Some more specific activities may include planning the rates that are going to be charged to the guests for certain times of the year. This will also directly involve how the hotel staffs itself. Of course the basic theology is higher rates during the busy season which will also include having a bigger staff, and lowering the rate during the slow season and cutting back on the staff. In sales there is heavy planning for what rates that the hotel is going to offer its corporate accounts, deciding what kind of events is the hotel going to be in and if we are going to contribute to them. The most important part of planning for the Courtyard is doing a budget. This is a important process because it looks a how well the hotel did in the previous years and trying to anticipate what is going to happen the up coming year. There are many factors that need to be considered when planning but ulti ...