In your own opinion, what managerial functions should be emphasized in your organization? Why? MANAGERIAL FUNCTIONS The four major management functions that make up the management process are PLANNING, ORGANIZING, LEADING, and CONTROLLING. 1. Planning This is the first and foremost function that involves deciding tasks that must be performed to attain organizational goals. It includes outlining, establishing targets, making policies and so on. This activity is also concerned with the success of the organization in the long run. ORGMGMT| Q1 Wi 2. Organizing Organizing involves the act of identifying and assigning the tasks and duties developed in the planning stages to subordinates to create a processand put plans into action. People within the organization are given tasksto make outputs that contribute to the goals of division and to the company as a whole. 3. Influencing Influencing is also known as leading, supervising, motivating, or directing by guiding the activities of organization members towards the fulfillment of the goals. Usually, it helps to increase productivity in human-oriented work situations, and it generates higher levels of production. 4. Controlling It involves establishing performance standards by making sure that the performance of employees is as per the plan. Controlling is both a managerial function and a continuous process where the manager: (a) gathers information that measures performance; (b) compares present performance to pre-established performance norms; and (c) determines the next action plan and modifications for meeting the desired performance parameters.
In your own opinion, what managerial functions should be emphasized in your organization? Why? MANAGERIAL FUNCTIONS The four major management functions that make up the management process are PLANNING, ORGANIZING, LEADING, and CONTROLLING. 1. Planning This is the first and foremost function that involves deciding tasks that must be performed to attain organizational goals. It includes outlining, establishing targets, making policies and so on. This activity is also concerned with the success of the organization in the long run. ORGMGMT| Q1 Wi 2. Organizing Organizing involves the act of identifying and assigning the tasks and duties developed in the planning stages to subordinates to create a processand put plans into action. People within the organization are given tasksto make outputs that contribute to the goals of division and to the company as a whole. 3. Influencing Influencing is also known as leading, supervising, motivating, or directing by guiding the activities of organization members towards the fulfillment of the goals. Usually, it helps to increase productivity in human-oriented work situations, and it generates higher levels of production. 4. Controlling It involves establishing performance standards by making sure that the performance of employees is as per the plan. Controlling is both a managerial function and a continuous process where the manager: (a) gathers information that measures performance; (b) compares present performance to pre-established performance norms; and (c) determines the next action plan and modifications for meeting the desired performance parameters.
Understanding Management (MindTap Course List)
10th Edition
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Richard L. Daft, Dorothy Marcic
Chapter1: The World Of Innovative Management
Section: Chapter Questions
Problem 2OTJVC
Related questions
Question
Transcribed Image Text:In your own opinion, what managerial
functions should be emphasized in your
organization? Why?
Transcribed Image Text:MANAGERIAL FUNCTIONS
The four major management functions that make up the management process
are PLANNING, ORGANIZING, LEADING, and CONTROLLING.
1. Planning
This is the first and foremost function that involves deciding tasks that must be
performed to attain organizational goals. It includes outlining, establishing targets,
making policies and so on. This activity is also concerned with the success of the
organization in the long run.
ORGMGMT| Q1 Wi
2. Organizing
Organizing involves the act of identifying and assigning the tasks and duties
developed in the planning stages to subordinates to create a processand put plans
into action.
People within the organization are given tasksto make outputs that contribute
to the goals of division and to the company as a whole.
3. Influencing
Influencing is also known as leading, supervising, motivating, or directing by
guiding the activities of organization members towards the fulfillment of the goals.
Usually, it helps to increase productivity in human-oriented work situations, and it
generates higher levels of production.
4. Controlling
It involves establishing performance standards by making sure that the
performance of employees is as per the plan. Controlling is both a managerial function
and a continuous process where the manager: (a) gathers information that measures
performance; (b) compares present performance to pre-established performance
norms; and (c) determines the next action plan and modifications for meeting the
desired performance parameters.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Recommended textbooks for you
Understanding Management (MindTap Course List)
Management
ISBN:
9781305502215
Author:
Richard L. Daft, Dorothy Marcic
Publisher:
Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:
9781305502215
Author:
Richard L. Daft, Dorothy Marcic
Publisher:
Cengage Learning