The Four Functions of Management
“Management is best understood as a unified group of functions made up of specialized activities which are measurable and transferable” (Creswell, 1998). Management is also about people working together with the available resources to achieve the goals of that organization. In order for successful companies to meet their goals they must encompass all four functions of management. Keeping up with the objectives, goals and vision can be a challenge to the managers of that company or organization which is why the four functions of management: planning, organizing, leading and controlling are used.
The first function of management is planning. Planning is the foundation which involves deciding which goals should be attained and how those goal will be accomplished. Managers start the planning process by analyzing finances, looking at future trends, shopping competition, assessing at current practices that do not work as well as those that do and much more.
The second function of management, organizing, can be defined as allocating and configuring all the resources available to the organization in order to achieve its goals. Resources such as money, people, information, and hard assets should be included. “Organizing is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals” (Bateman & Snell, 2009, p20).
The third function of management is leading. During the leading stage of management, managers are able to direct the employees in order to accomplish the goals of the company and support them in their own career and personal goals. Leading can be defined as motivating, directing, building trust and communicating with employees with the objective to create accomplishment. “Today and in the future, managers must be good at mobilizing people to contribute their ideas” (Bateman & Snell, 2009, p20). Although much has been written about what it takes to...