There are four particular functions of management that every company or organization,
regardless of size, use in order to keep order and smooth operations. Those functions are,
planning, organizing, leading, and controlling. It is imperative that each is done a certain
way in order to accomplish the goals that have been set out to achieve. In this paper I will
explain each function of management as well as how each function plays out in my
organization.
Planning, is the base area of all the four functions of management. This is the foundation
upon where the other three functions should be built. (Rane, 2007). Planning takes place
when management looks at past, present, and future, and determines what courses of
action need to be taken in order to maintain and reach a set of goals put in place. By
looking at the past, management can take past events that maybe werent successful and
make changes accordingly. Past events that may have went well can be used for present
and future. Planning for present and future events are essential as well as planning for
unforeseen happenings. Management must have plans in place for what to do in situations
that were not necessarily prepared for in advance. Currently, I work at the corporate office
for OTD CycleSports. We have 8 different motorcycle dealerships and I handle the full
accounts payable side for 3 of those 8 dealerships. I am workingmy way up to be the
senior accounts payable associate so I work very closely with my accounts payable