Management and its Functions Essay

Management is the process of coordinate lot and former(a) resources to achieve the goals of the presidential term. ane key characteristic is the energy to give rather than entrap employees to do their jobs. good empowerment regards on the glide byer and the employees twist mutual respect, trust, and commitment. Leadership also possesses the ability to communicate by fostering an on-going dialogue rather than issuing mandates. at a time the leadership and charge ar delineate, we laughingstock move on to describe centering in terms of its quaternary starts. These functions are identified as supply, organizing, leading, and haughty. How well managers set these key functions pay offs whether a business geological formation is successful.Planning, in its simplest form, is establishing organisational goals and objectives and deciding how to accomplish them. It is the capital function, often referred as the first direction function because all the vigilance func tions depend on planning. Managers engage in planning by determining where the firm should be going and how best to get there. in one case goals and objectives have been set for the organization, managers must conceive aim plans (or actions) for achieving them. A plan could be defined as an outline of the actions by which the organization intends to accomplish its goals and objectives. The lodge that I create for, 7-Eleven, I, as a manager, set a goal to convey as many proceedss as possible to increase the gross revenue. I have to ensure that the guest knows active the products we are selling. My number one cigarette is the guest and the bearing to achieve is by means of my employees, who can provide the outstanding node service and thus, the customer will fall out back.After goal setting and planning, the abet major function of the management is organizing. Organizing is the separate of resources and activities to accomplish effective and efficient results. From th e reading, Organizing activities complicate attracting people to the organization, specifying job responsibilities, grouping jobs into change by reversal unit, marshaling and allocating resources, and creating conditions so that people and things fetch in concert to achieve maximum success (Bateman, 2004). allows first consider the lesson of an inventor who creates a rising product and goes into the market to sell it. Eventually, as business grows, he/she will find that he/she needs help. To begin with, he/she big businessman select a professional sales representative. Later, he/she capability need to hire full-time sales staff, other people to assist with production, and an accountant.As he/she hires new mortalnel, he/she must decide what to each one person will do, and generally how that person can best have a bun in the oven let on in the organizations activities. The way I bestow toward the organizing for the benefits of my organization is by providing at least week learn to my staff about the products we are selling and its prices, promoting products to the customers, and ways to deliver excellent customer service. After a week of training, I oversee the employee I have trained, what I call as shadow shift, in which the trainee is evaluated for his/her performance. In addition, I hold each week following with my employees for any questions, concerns, issues, and/or responsibilities. I delegate tasks to my force play on fooling basis and ensure that their obligations are mum clearly.The leading function is concerned with gentlemans gentleman resources within the organization. It is the process of influencing people to work toward a common goal as well as proving reasons for people to work in best interests of the organization. In other words, It is directive, motivating, and communicating with employees, individually and in groups (Bateman, 2004). star(p) and motivating are critical activities for a growing company. Obviously, dif ferent people do things for different reasons that is, they have different motivations. nigh people are primarily fire in earning as much property as they can. Others may be spurred on by opportunities to get ahead in an organization. It is part of the managers jobs to determine what factors motivate workers and to try to provide those incentives in ways that encourage effective performance. For me, directing and motivating the employees is the most important function for the success of the company.I always classify my employees, Be happy, and contain customers happy. I gestate that the communication is very important to keep the firm running smoothly a good manager would always take care of his/her employees and make sure that they are appreciated for the hard work they portion in. Therefore, I always encourage my personnel to talk over any issues or problems, if they have any, with me. Not only this, I always value them and make them clear that they are the most important cistron of the company and without them the company can not move ahead. This way, a good human relationship and trust is built between me and the employees and hence, the employees cleave happy. With this, it gives them motivation to work for the best interests of the company. disregardless of how hard managers try, more or lesstimes business activities take ont go as planned. Then, the cardinalth part function, despotic, comes into play that evaluates and regulates ongoing activities to ensure that organizational goals are achieved. Reckon a rocket, for instance, launched to enthrone a satellite. Do personnel only fire the rocket and then aim back in few days to find out whether the satellite is in place? Of course not. The rocket is invariably supervised, and its course is regulated and adjusted as needed to get the satellite to its destination. Thus, during this function, changes might be made to the plans in order to attain better success in the future. Therefo re, the performance is compared and actions are taken match if necessary. Another example would be approximate that a proper(postnominal) firm establishes a goal of increasing its profit by, lets say, 15 percent in a year. To ensure that its goal is reached, management might monitor its profit on monthly basis.After three to four months, if its profits have increased by 4-5 percent, then management might stick out that the plans are going according to the schedule. Then, plausibly no action will be taken. However, if the profit has only increased by 1-2 percent, then the firm might take some actions or make some amendments to the planning to get things back on track. I can relate controlling to my organization because when the target is not reached to sell as many products as possible, I lower the price on the materials to meet the demands of the customers. For instance, if theres a specific drink that is not selling as planned, I would try to sell it by promoting it for buying one sandwich and getting the drink free.A successful organization understands not only basic management functions, but also how to integrate these functions planning, organizing, leading, and controlling to improve revenues and profit and to win customer satisfaction needs. Each function tends to lead naturally to others and if any one of the four functions is not conducted in effective manner, the companys performance might fail.ReferencesBateman, doubting Thomas S. (2004). Management The New Competitive Landscape, 6e. The McGaw-Hill Companies. Retrieved on August 10, 2004 from https//ecampus.phoenix.edu/content/eBookLibrary/content/eReader.h