It focuses on the advantages and disadvantages of forecasting and planning, the disadvantages of excessive command and control and the impracticability of the theory in the main body by taking some articles for reference. In the article of “Fayol-standing the test of time”, McLean (2011) stated that with the development of globalized knowledge economy, the abilities of forecasting and planning can gain success in the competition. Free resources to assist you with your university studies! The KFC,one of the most famous and important fast food chain restaurants, is always paying its attention to the building of the structure all the time. Second, organizing can ask the managers to carry out an appropriate infrastructure, which will optimize the organization’s system, resources, procedures, processes and services and enable knowledge to be disseminated to those who need it, when they need it. These services are provided to citizens t As the saying goes, “preparedness ensures success and unpreparedness spells failure”. In the world of management, there are many internal and external factors that affect the effectiveness and efficiency of management. For a management job, a manager has missions to deal with the following functions: Planning, organizing, influencing, and controlling. Planning 2. Four Function Of Management Essay three of the four major functions of management. This essay mainly aimed to discuss some statement about Henri Fayol’s contributions to management today and criticism of any of his contributions under the topic of “Discussion on Advantages and Disadvantages of Fayol’s Concept of Five Functions of Management in Modern Enterprises” and then to learn about the influence of Fayol’s management theories to the management practices and teachings in the 21st century. So does the development of one organization. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. There is no doubt that Fayol is best known for a three-fold contribution to management theory. The first of the three most important concepts are the Four Functions of Management. Davis and Koontz and O’Donnell Many management experts have discussed the functions of management. In conclusion, Henri Fayol, as a founding father of what has become known as the administration school of management, made some contributions to the management theories. The four basic functions of management are planning, organizing, leading, and controlling. A managerial function tries to match an organization’s needs to the skills and abilities of its employees. No plagiarism, guaranteed! Management Region 1 Administrator Based on what I have read in Management: The New Competitive Landscape (2004) I find that my agency is typical in many ways. Disclaimer: This work has been submitted by a university student. Even though the daily tasks that, Running head: FUNCTIONS OF MANAGEMENT Region, important. The functions are: 1. It is the basic function of management. You can become an excellent manager when you learn and practice the behaviors, methods, and techniques of other successful managers. i. *You can also browse our support articles here >. The argument regarding which theory sums the whole job more completely is less important than deriving strategies that can help managers … In conclusion, management skills and functions are an important attribute of an organization that can make or break it. According to Pugh and Hichson (2007), in his original writing, Fayol used the term “command” to illustrate a manager’s responsibility to lead and direct employees towards the achievement of organizational goals and strategies. When studying these functions that is planning, organizing, leading and evaluating, it should also be clear why management is necessary to any organization. Under control of the managers, the policies and strategies can be implemented according to plan and within budget, set timescales and allocated resources. In the article of “The foundation of Henri Fayol’s administrative theory”, Mr. Wren, Mr. Bedeeian and Mr. Breeze stated that the most important of the means which one must use to ensure business success was planning. Fayol recognized the importance of control within an organization and support that it ensures “everything occurs in conformity with established rules and expressed command”. Whether there are advantages of this concept or not remains an open question, In the article of “Fayol-standing the test of time”, Miss Jacqueline McLean stated that in contemporary society, organizing can ask the managers to carry out an appropriate infrastructure, which will optimise the organization’s system, resources, procedures, processes and services and enable knowledge to be disseminated to those who need it, when they need it. This creative problem solving is accomplished through the four functions of management: planning, organizing, leading and controlling. First of all, the organization must define the goals and objectives of the process. If you need assistance with writing your essay, our professional essay writing service is here to help! Management is the process of working with other and capital to achieve organizational goals. Sets the goal of an organization. If even one of these elements is looked over the management process is incomplete and a mangers effectiveness and efficiency will diminish. Region 1 Health Director Group Consensus The functions of management define the process of management as diverse from accounting, finance, marketing, and other business functions. Company Registration No: 4964706. Week one of University of Phoenix course, bachelor of science in human services (BSHS) 330, Management Theory, Practice and Application, introduces the topics for weeks two through five by providing an overview of the functions of management. It is an exercise in problem solving & decision making… According to Fayol, forecasting involves analysis of the future and drawing up a plan of action. The functions of management define the process of management as diverse from accounting, finance, marketing, and other business functions. The four that will be discussed in this paper are the four. Conclusion The functions of human resource management system in an organization are ideally aimed to ensure there is recruitment of employees, compensation for their services, helping them perform their tasks and solving different problems that arise during work in order to optimize business profitability through their performance. 20th Jun 2018 The purpose of these interests is usually for self-improvement. Planning: When management is reviewed as a process, planning is the first function performed by a manager. VAT Registration No: 842417633. It is needed by any organization for management of business and products. The manager’s overall effectiveness in leading these functions is directly correlated to the organization’s attainment of desired results. All in all, Fayol’s theories are valuable and relevant for organizational leaders on the one hand and debatable on the other hand. Management definitively has more functions than just the four mentioned above. 7 Functions of Management: Planning, Organising, Staffing, Directing, Controlling, Co-Ordination and Co-Operation What are the Functions of Management – As Classified by Henry Fayol, Gulick and Urwiik, R.C. Now that the plan is in place and the team is structure is in place, it’s time for the … Meanwhile, organizing also can integrate all kinds of resources of the companies, including human resources, financial and material resources. Fourth, under the function of command, the managers can develop a thorough knowledge of their employees, which can generate a positive psychological contract that engages employees with their jobs and the organization. It involves the ability to foresee the effects of current actions in the long run in the future.Peter Drucker has defined plannin… Motivating 6. But KFC then changed its organizational structure, replacing the Fried Chicken with Fried Fish. Function # 1. c goals. To forecast these needs and providing for them is the main responsible of the managers. Everyone starts at the bottom and then works his or her way up through hard, hard work, sustained over a long period of time. There are about three main parts in this essay beginning with the introduction. This is not an example of the work produced by our Essay Writing Service. More than 100 000 essay samples Get a 100% Unique paper from best writers. The last not the least function of management is control. 4. So to purchase Palm with a whole $1.2 Billion is really not a wise choice. So Fayol’s concept about planning has its own advantages. About the function of coordination, Fayol made a suggestion that managers should bind together, unify and harmonize all the organization’s activities and efforts. But there are also counterviews, who consider that the excessive command and control will harm personal satisfaction and their self-respect. These choices will involve some type of planning, organization, leading and of course some type of control (Bateman & Snell, 2013). It is a systematic activity which determines how, when and who is going to work on a specific job. So, finally it regained a big success. A plan is a future course of actions. Introduction: First, McLean (2011) stated that with the development of globalized knowledge economy, the abilities of forecasting and planning can gain success in the competition. If not, there will be a big failure, just as the saying goes “Changes always go beyond plans”. Thus, management in an organization is a creative tool of solving problems through planning, organizing, leading and controlling. The planning stage is where all the other pats of management begin from and it is important at all levels of management. Secondly, it discusses the characteristics of a successful manager. Do you have a 2:1 degree or higher? The four functions of management are inter-related and are important for all the different levels of management today. And as for organizing, Fayol believed that an organization’s structure was important, as it can facilitate the optimum conduct of its business activities (Pugh and Hichson, 2007). Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment. Planning, decision-making, organizing, staffing, directing or actuation and controlling are some of the basic functions of management. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. Many other organizations in the world are also always following the rules of forecasting and planning concept in Fayol’s management theory, but only a good plan is far from enough in contemporary competitive context. Staffing: It refers to filling and keeping filled the post with people. Under the guidance of Fayol’s concept about the organizing, many organizations know about the importance of the structure and pay attention to building their organizational chart and thus gain success. The business world of today is drastically different than that of years before, most importantly because of the advancements of technology. Third, McLean (2011) also stated that control is one of the most important responsibilities of a manager and under the control of the managers. According to HP official Website, in 2010,in accordance with its plan, HP purchased Palm company with the Web-based Operating System to get itself to a higher level. Management is defined as the process of setting and achieving goals through the implementation of some basic management functions. Functions of Management He gave a clear definition to each of the functions of his management theory and some principles to carry out them, but in concrete circumstances, some of them can not be realized. In fact, the building of the organizational structure should fit the development of the organization. Thus an organization can operate smoothly. These functions provide a useful way of classifying, Abstract According to Fayol, forecasting involves analyzing the future and drawing a plan of action (Pugh ad Hichson, 2007). I had deeply buried beliefs and biases functions essays management. SC DHEC Director Planning is the projection of actions intended to reach speci! Functions of Management Conclusion Today’s business world is constantly evolving; indeed, changes occur on a daily basis. Let us take 2 examples of planning to understand its importance as a management function.a) Planning in a small business – If a small business starts, they have to start with a product or service. ADVERTISEMENTS: This article throws light upon the top eight functions of management. Communication. The Five Functions of Management are: Planning Organizing Commanding Coordinating Controlling. The main reason for writing this letter is to offer consulting management services to you as the entrepreneur and elaborates the four functions of management in detail. Having a clear understanding of the management functions and the skill to use the functions will have a strong impact on the businesses operation from planning and then move on to organizing (Vijayakumar 2009). Control is a vital function of management in ensuring business’s success. Most of us are pursuing a greater interest, whether it be education, a trip or perhaps some other type of leadership role in their lives. The branches of Nokia in China adhere to the principle of the former, the strict command and control. In the article of “Fayol-standing the test of time”, McLean (2011) firstly introduced the contents of the five functions of management and stated that in contemporary society, there are some advantages of these functions to development of the enterprises. The intended result is the use of an organization 's resources in a way that finish its mission and objectives. There are four functions of management that allow any organization to handle the tactical, planned and set decisions. But this event is just one tip of the iceberg of the suffering a great number of cost which is caused by the inappropriate information management. The initial phase will be … This paper will also describe how these were applied in my worksplace. Commanding. Looking ahead into the future and predict possible trends or occurrences which are likely to influence the working situation is the most vital quality as well as the job of a manager.Planning means setting an organization’s goal and deciding how best to achieve them. We have multiple layers of management: HOME Essays Management Management Functions Functions of management in every organization entail planning, leading, organizing, staffing, and controlling (Gunawan, 2010). Definitions of these four functions will be discussed and relevance of, The Four Functions of Management a. Management: Four Main Functions of Management There are four main functions of management; planning, organizing, leading, and controlling. Copyright © 2003 - 2020 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. The four basic principles of management found in all businesses and corporations. All four functions have a significant role in the maintaining of efficient and effective management. Theme of Hardship in The Grapes of Wrath Essay, Another Side of Christopher Columbus Essay, An Analysis of Neutral Tones by Thomas Hardy Essay. It deals with chalking out a future course of action & deciding in advance the most appropriate course of actions for achievement of pre-determined goals. They are self-made, through continuous and never-ending work on themselves. Due to the loss of electronic mail, Morgan Stanley paid out more than billions of dollars. According to Koontz and O’Donnel, “The managerial function of control is the measurement and correction of the performance of subordinates in order to make sure that enterprise objectives and the plans devised to attain them are accomplished.” "Planning the process of determining the organization's objectives and deciding how to accomplish them." It bridges the gap from where we are & where we want to be. And in the main body of this article, based on some academic researches, there are about seven parts discussing the advantages and disadvantages of Fayol’s concept of five functions of management. If the management team effective use of the management functions, they will be able to make right and well-informed decisions. Staffing 4. The work of a […] About this Fayol’s concept, some authors viewed that there are some advantages. In the article “Henri Fayol as strategies: a nineteenth century corporate turnaround”, Wren stated that due to the hierarchy, the managers can conduct the enterprise toward its objective. Looking for a flexible role? Assistant Agency Director How do you define management?Management is a process with a social element. In 2004, with the AIV spreading quickly in Asia, most of the KFC consumers quitted the line of waiting for KFC, never eating chicken. Management makes sure that the company will adapt to a changed environment without jeopardizing the company’s success. SUCCESSFUL MANAGERS are made, not born. Controlling 7. According to Wren, Bedeian and Breeze (2002), the command made by the higher authority and which, be it direct or through successive levels in the organization, should reach all parts of the organization, and the responses should return in the reverse sense, either directly or through the levels, to the central authority. Our academic experts are ready and waiting to assist with any writing project you may have. These functions include planning, organizing, leading, and controlling. The four basic functions of management are just to have a controlled plan over the preventive measure. PLANNING 3. Leading. Workforce of the organization is also being utilized as a source of competitive advantage by acquiring financial or economic capabilities, product capabilities, technological or process capability, organizational capability. Reference this. Study for free with our range of university lectures! And it also improves the development of the companies in contemporary times. Each of these elements is equally important. Planning is one of the basic functions of management and deals with mapping out a future course of action and deciding the best course of action for achieving set out goals. After discussion, they changed the operation strategies and set up the system of “hierarchical transmission of orders”, in which the employees in the lower class should report their work to his/her own managers. Despite many criticisms, Fayol’s theories still form the basis of management practices and teachings in the 21st century. 1. Planning is, “the management function of systematically making decisions about the goals and activities that and individual, group, a work unit, or the overall organization will pursue” (Bateman & Snell, 2009, p. 19). Planning, leading, controlling, and organizing are important functions for managers. Confronted with this problem, British Airway made plan and forecasting and declared its commercial goal: to automate more and more function and try their best to develop customers’ self-help service system , such as electronic ticket, and even that customers can printed their tickets in their own home. Management comprises of various functions. PLANNING It is the basic function of management. Attracting developing, motivating and retaining required talent and people in organization carries out this function. The four basic functions of management are just to have a controlled plan over the preventive measure. According to Lamond, Fayol gave us management as we would like it to be and Mintzberg gave us management as it is (Pryor and Taneja, 2010). Planning is the most fundamental of the management functions, and as such it logically precedes all other functions. So there are some advantages about the concept. As for the forecasting and planning, if a business made a good planning, it will get a great success. What’s more, as McLean (2011) stated, although Fayol had a great contribution to management theory, he has been accused of the romanticism of management and presented an almost unrealizable approach to management theorisation. 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