Planning Functions Ofmanagement

In: Business and Management

Submitted By moreno562000
Words 593
Pages 3
The first function of management that will be discussed is planning. Planning delivers strategic value by presenting possible outcomes of any given situation, and possible solutions. Planning also will give specific directions, or actions to take for achieving goals. Planning is a way to ensure that everyone is on the same page. The second function to be discussed is organizing, a great organization system will provide easy access to information needed and distributed throughout the organization from top to bottom. Having a dynamic organization system will improve the company functions in all areas.
The next management function is leading. Leading is about mobilizing people to work together for a specific goal. Leadership skills contain a wide variety of components. From the words, gestures and voice tone used in situations, to knowing others views and need. Plus being able to implement those issues and ethics into the workplace, and make a cohesive team for the company.
The last function of management is controlling. Controlling is for learning from mistakes, and changing according to the situation to ensure the mistake is not made again. Controlling the business in a positive direction by making the right decisions in all four functions of management, will create benefit overall throughout all facets of the company. Creating change will allow room for better ideas possibly creating more revenue or productivity. Internal and External factors that affect the four management functions may include laws, and regulations, whether the economy is rising or falling. The progress technology, if the technology is working at any given moment. Demographic area, social issues, and the natural environment will affect the four management functions. Competitors will affect management functions as well as suppliers and customers. Environmental scanning and development of…...

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