Business
Managers are the leaders of every organization or business. They almost do the same tasks in all businesses. No matter what type of business they manage, their job covers similar tasks such as planning, leading, controlling and organizing. These four tasks portray essential part as well as their keys to be effective in their position. Each one of them is important and may not be well-functioned without the others.
Planning is initial logical step towards the right direction (Thomson, 2012). This serves as the guiding plan for every business. This must be long-term and it must adhere to the organization’s overall objectives and principles. This involves how the organization’s assets will be spent and how the organizational structure will be created.
Organizing is the second managerial function. It requires time and money investment that will ensure everything is well organized within the organization. This is more than ensuring everything is at the right place and time so that right employees can get the right tasks done towards achieving the organization’s goal (Thomson, 2012).
Leading is different from managing (Wanish, 2009). A manager is the person who normally gives instructions and orders to his subordinates so as for the tasks’ completion. However, leading is an act of motivating people to provide guidance on how to work productively by giving examples to inspire employees to reach organization objectives.
Controlling is the fourth managerial function that involves monitoring the organization’s performance to evaluate if goals are being achieved (Wanish, 2009). A manager must be aware if costs that company spends are able to reach the goals that were planned initially. It is such a review measure to make sure that previous decisions were not negatively affecting the present outcomes.
A manager has many various tasks that need to be accomplished. The four managerial functions are the mains tasks in addition to being able to balance various components. An effective manager is the one who can motivates his subordinates through balanced decision-making that will have positive future outcomes.
References
Thomson, D. (2012, April 13). Four Functions of Management by Dave Thomson | Inside Business 360. Retrieved January 13, 2014, from http://www.insidebusiness360.com/index.php/four-functions-of-management-2239/
Wanish, H. R. (2009, April 29). Four Functions of Management. Retrieved January 13, 2014, from http://suite101.com/a/four-functions-of-management-a113463
