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Wednesday, April 3, 2013

Management and its Functions

Management is the process of coordinating people and other resources to achieve the goals of the organization. unity key characteristic is the ability to empower rather than effectuate employees to do their jobs. Effective empowerment depends on the leader and the employees mental synthesis mutual respect, trust, and commitment. Leadership also possesses the ability to communicate by fostering an ongoing dialogue rather than issuing mandates. straight the leadership and management be defined, we can move on to describe management in terms of its four functions. These functions are identified as plan, organizing, leading, and controlling. How well managers perform these key functions determines whether a business is successful.

Planning, in its simplest form, is establishing organizational goals and objectives and deciding how to accomplish them. It is the aboriginal function, often referred as the ?first? management function because solely the management functions depend on planning. Managers engage in planning by determining where the firm should be going and how outmatch to get there. Once goals and objectives have been set for the organization, managers must lift plans (or actions) for achieving them. A plan could be defined as an limn of the actions by which the organization intends to accomplish its goals and objectives.

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The company that I compute for, 7-Eleven, I, as a manager, set a goal to convey as many products as possible to increase the sales. I have to ensure that the guest knows about the products we are selling. My count one target is the customer and the way to achieve is by means of my employees, who can provide the outstanding customer service and thus, the customer will come back.

After goal setting and planning, the abet major function of the management is organizing. Organizing is the grouping of resources and activities to accomplish utile and efficient results.

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