Successful Functions of Management
Are you someone who likes to plan? Do you like to organize? Is leading your cup of tea?
How about controlling situations? If you answered yes to all these questions then being in
management is something you need to consider. The functions of management are crucial
to building an empire and if your company or business does not possess these functions of
management then you may be doomed.
Management is the process of working with people and resources to accomplish
organizational goals. (Bateman, 2004) One aspect of being a good manager is being able to
deliver strategic value or planning. Planning is specifying the goals to be achieved and
deciding in advance the appropriate actions needed to achieve those goals. Planning
activities include analyzing current situations, anticipating the future, determining
objectives, deciding in what types of activities the company will engage, choosing
corporate and business strategies, and determining the resources needed to achieve the
organization goals. Plans set the stage for action and for major achievements. (Bateman,
2004) At Texas Instruments (TI), managers plan everyday. In my organization we put
together annual plans for finances. We put together people plans so that we know how
many people we will need to hire for certain job openings. The Director, or top-level
manager, must plan on what types of individuals are right for his certain business. How
many mid-level managers are required to help the top-level managers? Once he gets his
ducks in a row he then begins to organize his plan.
