The success of any organisation depends on the way in which it is managed. Carefully describe the four functions of management.
Planning. Managers first need to develop a detailed action plan. In the planning phase, management should identify the goals and create a reasonable course of action to attain them.Drafting a successful plan includes aligning the goal with the organizational vision, considering factors that may impact the project internally and externally, and establishing a realistic timeline while being mindful of resource and budgetary constraints.
Organizing.The organizing function consists of taking the previously created plan and putting it into action. Key activities in this function include: Identifying all of the necessary steps of the project,Determining who will complete the actions and deploying those resources to work,Establishing levels of authority and responsibility for every individual involved. Organizing facilitates a clear development of the organizational structure for executing the plan, but it also encourages collaboration among team members spread amongst various teams and departments.
Leading. The leading stage consists of motivating and influencing employees to do the work and meet performance standards. Keep in mind that effective leadership extends beyond delegating and directing employees what to do.
Controlling.The controlling function consists of monitoring performance and progress through project execution and making adjustments as needed. Managers should ensure that employees meet deadlines while simultaneously balancing synchronicity amongst the project’s resources and the overall budget.
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