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Essay / Research Paper Abstract
A 4 page paper that begins by identifying Fayol's original five functions of management approach. Four functions are explained: planning, organizing, controlling and leading. The writer comments on strategic planning as well as on the need for motivation and employee development. The writer also points out that the functional approach to management has come into disfavor due to the speed of change but this approach is still useful. Bibliography lists 5 sources.
Page Count:
4 pages (~225 words per page)
File: MM12_PG4mgfn08.RTF
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Unformatted sample text from the term paper:
asserted these five functions were universal, meaning all managers everywhere were involved in these functions or elements of management (Barnett). Over the years, different authors have modified Fayols original
five functions, identifying only four functions: planning, organizing, leading and controlling (Erven). Other authors add succession planning to the list. The lists are similar and describe the managers job and
distinguish it from other jobs in the organization, such as accounting, finance, and so on. This essay will discuss planning, organizing, controlling and leading. Planning is crucial to all organizations
and include the organizations mission, vision, goals and objectives. Planning is about what the organization is going to do and how they are going to do it. One of the
key activities in planning is decision-making. As on author says, the organizations plan of action does not exist until a decision is made to make a commitment to the plan
(Olum). Planning involves several steps that begin with assessing where the company is now and where the market is now and forecasting where each will be in the near
and far future. These kinds of activities are included in strategic planning when certain types of approaches may be used, such as SWOT analysis (Strengths, Weaknesses, Opportunities and Threats). Strategic
planning involves the entire organization and is a long-term plan of at least two or three years and often, longer (Barnett). This type of planning is usually centered around the
organizations mission and is performed by the organizations top management (Barnett). Organizing is about making the necessary preparations to implement the plan. Organizing is about who is going to do
what and when they are going to do it. It also includes the hierarchy of the organization, who reports to whom, who directs or oversees which department and/or project (Allen
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