4 Functions Of Management Essay

4 Functions Of Management Essay-48
Each function play vital role to consolidate the management in the Organization.It is the process in which we develop the business mission and objectives and determine how it will be achieved or accomplished.

Peter Drucker has identified planning the following "Planning is the ongoing process of making present entrepreneurial decisions systematically and with best possible understanding of their futurity, organizing systematically the initiatives needed to perform these decisions and measuring the results of these decisions from the expectations through organized and systematic feedback.

" Examples of planning are assigning deadlines, scheduling employees, and creating when to reorder goods or products.

(Robbins, Bergman, Stagg & Coulter, 2012) Every organisation need people to operate, organisation will not exist if without people.

Managers help to coordinate activities of the non-managerial employees and lead organisations to succeed.

Planning can be in the broadest view of the organization, for example organization mission, and can be in the narrowest, for example a tactic for achieving a specific goal.

Management is the process of coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively.These functions are typically labeled planning, organizing, leading and handling.Efficiency identifies getting the most end result from the least amount of inputs.We can define Management as solving problem creatively.Problem can be solved creatively via four functions of management: planning, organizing, leading and controlling.She is a key account manager works in a pharmaceutical company, which is a large sized private organisation in service sector.Ms Y operates as a first-line manager, she involves in managing employees and servicing the organisation’s customers.These functions are interrelated and interdependent so that a significant change in one function affects the functioning of others.This marriage is shown the following Planning is known as to be the central function of the management and decides the organization's direction.According to Stephen Robbins, management is the process of coordinating work activities so that they are completed successfully and effectively with and through other people.The process symbolizes the primary activities involved in by professionals.

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