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Essay / Research Paper Abstract
A 6 page paper. Following a brief introduction, this essay describes and explains each of the five functions of management. The writer provides an example of how each function is observable in their own organization. Bibliography lists 5 sources.
Page Count:
6 pages (~225 words per page)
File: ME12_PG693196.rtf
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Unformatted sample text from the term paper:
will seldom be involved exclusively in one or the other. These functions describe a managers job. Fayol was the first to identify specific functions of management in 1916, He said
there were four management functions (planning, organizing, coordinating, and controlling) and that these were universal to all managers. All managers, regardless of industry or geographic location perform these functions. This
continues to be true today even though the job of the manager in todays world is more complex and chaotic. This essay will describe each of these five functions
and comment on how each function is practiced in the writers organization. The Five Functions Applied Planning: Planning is an ongoing process. It is critical to the organizations success.
Planning begins with establishing a mission and vision for the company. It also involves setting objectives and developing action plans to achieve the objectives. It is about identifying what
the organization is going to do and how they will do it (Proven Models, 2011). There are different types of planning. Strategic planning considers the long-term and involves analyzing
strengths, weaknesses, opportunities and threats, thus, it analyzes both the internal and external environments (Barnett, 2011). Tactical planning is about developing specific plans to implement the strategic plan (Barnett, 2011).
Operational planning deals more with short-term planning that identifies steps to support both the strategic plans and the tactical plans (Barnett, 2011). Planning is both a formal and informal process
in our organization. The formal part involves annual planning meetings of top executives who analyze past performance in terms of the organizations mission, vision, and goals. Prior plans are reviewed
and success is measured against those written goals. Adjustments are made in long term strategic plans based on environmental analyses and forecasts for the future. Informal planning is ongoing in
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