Fundimentals of Management
Fundimentals of Management
Functions of Management
There are many different management techniques and style. However, there are only four main management functions. No matter what technique or style is preferred, they are all in place to support these main functions. These functions include: planning, organizing, leading, and controlling. Each of these functions is necessary for the successful management of any company, or project.
The first function of management is crucial to the success of an organization. According to Management: The New Competitive Landscape (Bateman-Snell, 2003, 15), the first function is planning. Planning is defined as “specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals”. The activities that are associated with planning include:
Analyzing current situations
Anticipating the future
Determining objectives
Deciding in what types of activities the company will engage
Choosing corporate, and business strategies
Determining resource needs to meet goals
At Smart Construction, Inc., these tasks occur as part of a weekly management team meeting. The ownership and key team members are able to review, and analyze where the company is currently. Team members can look ahead to set short and long term goals. Determine what activities are currently profitable, and develop strategies to exploit those opportunities. Finally, the management team determines what resources are needed to meet the stated objectives. The old saying, “If you fail to plan, then you plan to fail”, is true.
The second function of management is as necessary as the first. Organizing is defined as “assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals”(Bateman-Snell, 2003, 15). There are several activities associated with organizing. They include:
Attracting qualified and capable people to the organization
Specifying job responsibilities
Grouping jobs into work units
Marshaling and allocating resources
Creating conditions so that people and things work together to produce successful results.
At Smart Construction, Inc. organizing has included a very detailed, and specific procedures manual detailing when, why, and how specific tasks should be completed. This allows for smooth consistent operations. These procedures are written in such a way as to provide the necessary flexibility needed to accomplish the wide diversity of work produced. Organization also includes detailed project scheduling so that the employees, and customers know what to expect. This allows for timely acquisition of all necessary equipment, and materials.
The third function of management is leading. Leading is defined as “stimulating people to be higher performers”(Bateman-Snell, 2003, 15). Leading primarily involves employees. Some activities associated with leading employees