Thursday, July 18, 2019
The Four Functions of Management Essay example -- Business Management
The Four Functions of Management The four functions of management include planning, organizing, leading, and controlling. Each provide the fundamentals needed in a company that is just starting or a company that has been established for many years. Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. Planning activities include analyzing current situations, anticipating the future, determining objectives, deciding in what types of activities the company will engage, choosing corporate and business strategies, and determining the resources needed to achieve the organizationââ¬â¢s goals. Plans set the stage for action and for major achievements (Bateman, Snell, 43). At Pritchard Engineering, Inc., we are a service-oriented, not product, team that strives to provide the best for our clients. Our staff department heads meet every Monday morning to discuss what projects we will be working on and completing for the upcoming week. We have a round-table discussion to prioritize what areas are most important to the least important. Organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals. Organizing activities include attracting people to the organization, specifying job responsibilities, grouping jobs into work units, marshaling and allocating resources, and creating conditions so that people and things work together t...
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