management functions - 2151 Words

MANAGEMENT FUNCTIONS The functions of management uniquely describe managers jobs. The most commonly cited functions of management are planning, organizing, leading, and controlling, although some identify additional functions. The functions of management define the process of management as distinct from accounting, finance, marketing, and other business functions. These functions provide a useful way of classifying information about management, and most basic management texts since the 1950s have been organized around a functional framework. DEVELOPMENT OF THE FUNCTIONAL APPROACH TO MANAGEMENT Henri Fayol was the first person to identify elements or functions of management in his classic 1916 book Administration Industrielle et†¦show more content†¦Mintzberg argued that the functional or process school of management was folklore and that functions of management such as planning, organizing, leading, and controlling did not accurately depict the chaotic nature of managerial work. He felt that the functional approach to the managerial job falsely conveyed a sense that managers carefully and deliberately evaluated information before making management decisions. Based upon an observational study of five executives, Mintzberg concluded that the work managers actually performed could best be represented by three sets of roles, or activities: interpersonal roles, informational roles, and decision-making roles. He described the interpersonal roles as consisting of figurehead, leader, and liaison. He identified three informational roles: monitor, disseminator, and spokesperson. Finally, he described four decision-making roles that included entrepreneur, disturbance handler, resource allocator, and negotiator. Mintzberg s challenge to the usefulness of the functions of management and the process school attracted a tremendous amount of attention and generated several empirical studies designed to determine whether his or Fayol s description of the managerial job was most accurate. While this research did indicate that managers performed at least some of the roles Mintzberg identified, there was little in the findings that suggested that the functions of management were not aShow MoreRelatedManagement Functions And Functions Of Management1304 Words   |  6 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these four functions (123helpme.comRead MoreManagement Functions And Functions Of Management Essay1529 Words   |  7 PagesAssessing Management Functions List the four functions of management and provide an overview of their purpose for the organization. The four functions of management are planning, organizing, leading, and controlling. The planning function establishes a way to attain the desired objectives, resolve issues and facilitate action. The purpose of the planning function is to align the vision, culture, employees and the organizational structure with the strategies, and this involves multiple levels acrossRead MoreManagement Functions And Functions Of Management860 Words   |  4 Pages Essay Management is viewed as a critical part in any business or corporate commercial enterprises. Group assignments provide a useful platform for understanding the management functions that consist of planning, organizing, leading, and controlling (POLC). I totally do agree with this statement. Management of groups is actually the key to all of these P-O-L-C functions. Any management can accomplish and succeed objectives through the organizing execution of these four functions (123helpme.comRead MoreFunctions And Functions Of Management1113 Words   |  5 Pagesprimary functions involving management, which are considered the very life line and it’s existent. These four functions are instrumental and detrimental to the success and longevity of any company. Without these vital staples, a company is doomed before it is birth, and they are planning, organizing, leading and controlling. However, there is another essential component to the functions of management, and it is the importan t of diversity. In this paper I will identify the detailed function of theseRead MoreManagement Functions And Functions Of Management812 Words   |  4 Pagesinclude problem solving, facilitating meetings, and many other routine office tasks. Management is the process of working with people and resources to accomplish organizational goals. Good managers do those things both effectively and efficiently. (Bateman Snell, 2004) However many of these tasks should not be duplicated by a group of individuals. Different people can take on parts of the management function. Someone on a team can take care of the planning, while another person does the budgetingRead MoreFunctions And Functions Of Management Functions995 Words   |  4 PagesManagement functions are defined as â€Å"the ways that managers are grouped within an organisation to achieve specialist tasks† and refer to specific areas of practice that involve only a small group of managers who, usually, need particular training or experience and belong to relevant professional organisations. There are five major functions in most organisations known as â€Å"big five† (Smith, 2011): marketing, concerned with promoting and distributing products; operations, which involves the transformationRead MoreFunctions And Functions Of Management1119 Words   |  5 PagesUnderstand the role, functions and processes of management Management is the act of engaging with an organisation s human talent and using the physical resources at a manager s disposal to accomplish desired goals and objectives (set by the stakeholders of the organisation) efficiently and effectively. Management comprises of planning, organising, staffing, leading, directing, and controlling an organisation (a group of one or more people or entities) or effort for the purpose of accomplishingRead MoreManagement Functions And Functions Of Management1823 Words   |  8 Pagesuse of available resources. A manager performs the basic functions of management, which are planning, controlling, organising, staffing and leading to accomplish the goals of the organisation (Drucker Maciariello, 2008). Organisational performance is largely dependent on the quality of leadership established by the managers. A manager has particular leadership qualities that make them effective in execution of their duties. Management refers to the process of coordinating the activities of aRead MoreManagement And Functions Of Management1063 Words   |  5 PagesManagement in business and associations is the capacity that facilitates the endeavors of individuals to achieve objectives and targets utilizing accessible assets proficiently and adequately. Management includes planning, arranging, staffing, heading or steering, and controlling an association to achieve the objective. Resourcing includes the arrangement and control of human assets, budgetary assets, innovative assets, and regular assets. Administration is additionally a scholarly teach, a socialRead MoreManagement Functions1016 Words   |  5 PagesManagement Functions Contents Page Introduction 1 Forecasting 2 Planning 3 Organisation 4 Control 5 Co-ordination 6 Communication 7 Motivation 8 Conclusion 9 References 10 Introduction Henri Fayol was one of the most influential contributors to modern concepts of management. His career began as a mining engineer, later moving into research geology for Comambault. The company was struggling however, Fayol