Management Essay

Ny organization, whether new or old, bantam or big, requires certain methods, procedures and plans in place for its efficient functioning. For this to happen, they must give voice and implement attention judgments which help them implement their vision for the future of the organization. advocate Planning Organizing Directing/Leading Controlling Staffing The Fifth Function The concept of functions of management was put forth by Henri Fayol, a management theorizer from France, influential in proposing many of the management concepts in use today.Originally, he had proposed cinque management functions amely, preparedness, organizing, commanding, coordinating and controlling. Modern texts have reduced the functions from five to four. They include planning, organizing, leading, and controlling. The four concepts of management, translated into functions lead to the creation of a cohesive organization. They sight be seen here as a diagram.It is interesting to note that in that l ocation is no hard and fast rule to be followed in the action of these functions, as management is a real-time decision-making system, any of these functions can be operational in conjunction with any other and also as ndependent entities themselves. Planning is the foundation pillar of management. It is the base upon which all other areas of management are built. Planning requires administration to assess where the company presently is and where it would be in the coming years.From there, an appropriate course of action is determined and apply to attain the companys goals and objectives. Planning is an unending course of action. there may be sudden strategies required to be implemented during a crisis. There are external factors that constantly affect a company, twain positively and negatively. Depending on the conditions, a company may have to variegate its course of action regarding certain goals. This kind of preparation or organisation is known as strategic planning.In st rategic planning, management analyzes inside and external tactors that may affect the company, its objectives and goals. One of the primary tools of strategic planning is the use of SWOT Analysis, a technique that helps organizations find their strengths and weaknesses, identify areas of luck and take preventive measures against threats arising from both internal and external environmental factors.