Four Functions of Management

The four factors of management are planning, organizing, leading, and controlling. Each function helps managers accomplish business procedures with more simplicity and consideration. These important factors will ensure a company’s success.

The first factor is planning. Planning consists of setting directorial goals to align with the vision and mission of the company. Setting purposes for the goals and carrying out the plan are significant components of planning that are at all levels in different ways. Top-level management does this in an organization. A manager will build up tactics to achieve the organization’s goal. The planners will determine the standards for employees to accomplish their tasks. The planners must apply strategies from good resources to help make a successful organization.
The second factor is organizing. Organizing establishes the organization’s internal structure and how a company assigns tasks, allocates resources, and accomplishes goals.   Managers of the company construct a plan that connects the workers, resources, and assignments together. The focal point is on coordination, control of tasks, division, and how managers communicate information with their staff. Each manager has the responsibility of organizing the people and resources of the company. A simple example is the knowledge of how many employees they will need for a shift. Not knowing this could make or break the success of a company. Organization has not occurred if the employees do not have the essential resources to complete their jobs. If a manager does not organize his workplace, he could lose respect from employees for his supervisory techniques.
The third factor is leading. The purpose is to guide employee’s behavior to accomplish a company’s mission and objectives while assisting them with their career objectives. Leading influences behavior through communication, discipline, and motivation. Leading is supervising employees to accomplish the goals of the company. It...