Management is the process of working with others to achieve organizational goals. It is the
process of effective and efficient problem solving. There are four basic functions of
management in order to run a successful organization. These functions are of equal
importance and none should be disregarded. For management to be efficient and effective:
planning, organizing, leading, and controlling should be taken into consideration.
Management is ample only when executives and administrative staff are fully
knowledgeable of situations where they can apply each one of the four functions of
management.
Planning is the first step to be taken in management. Planning is selecting priorities and
results and how those results will be achieved. In planning the desired end result is looked
at objectively to see the necessary resources needed to accomplish the job. The company
vision, mission, objective, and goals are taken into consideration in the planning stage and
each one is worked through separately. According to Bateman, Snell(2007, planning is
specifying the goals to be achieved and deciding in advance the appropriate actions needed
to achieve those goals. Planning activities include studying a situation, anticipating the
future, determining objectives, deciding the type of activities to be engaged in, choosing
corporate and business strategies, and determining the resources needed to achieve the
organization goals. Planning is the primary function of management from which the other
three functions originate. Planning is important at all levels of management. Planning is
concerned with the future impact of todays decisions.
Organizing, the second function of management , can be viewed as the activities an
