Functions Of Management Essay - 1236 Words

There may be many ways for an organization to become successful but the key to success is not the system of the firm but the character and skills of the individual manager (Maister, 2002). Maister further stated that the character and skill of individual managers who practice what they preach and recognize the managers role in training employees are whats really significant. Management is necessary for a business to function, yet when exploring the role of the manager, it becomes rather complex. Managers must be resourceful; they are individuals who wear many hats. The job of every manager involves what is known as the functions of management. Richard Daft definition of management is the attainment of organizational goals in an†¦show more content†¦A lack of planning can hurt an organizations performance which can result in the failure of an organization (Daft, 2005). Keeping an eye on whether the goals of a company are being met can assist in future planning which could determine success or failure of that company. For example , clothing retailer Merry-Go-Round, a once-ubiquitous presence in malls across America, slid into bankruptcy and ultimately disappeared as a result of poor planning, (Daft, 2005). The management function that follows planning is organizing. Organizing reveals how an organization handles the planning stage. This part of management involves several jobs to be carried out, such as assigning task and distributing resources to departments within the organization. Organizing will depend upon what needs to be done at any given moment and people may be given particular jobs as a part of the organization function (Phillips, 2002). Delegation is seen as part of this process because management is often important in terms of team building. This becomes a critical function in the designing of teams and making sure that the teams work well together (Mealiea Baltazar, 2005). Organizing relates to planning because it gives out the responsibility to accomplish the plan. When management fails the planning function of an organization, a collapse in the company can be forthcoming. Organizing also layShow MoreRelatedManagement Functions And Functions Of Management1381 Words   |  6 PagesThe term â€Å"Management† refers to the performance of some functions such as planning, organizing, controlling and directing by an individual or a group of individuals in order to achieve a common goal. Management is required when we work in group. Management functions cannot be performed in isolation . Management has been defined by a number of authors. 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