What Is Management and Its Functions
What Is Management and Its Functions
What Is Management and Its Functions
Aniñon
In this reflection paper, we will talk about what is management and its function and how does
these functions affect its organization. But before everything else, let us first define what is a manager.
A manager is someone who has the ability to steer, guide, and oversee the activities and
personnel of a business without overstepping their bounds. A management must collaborate with their
team to accomplish greater goals in a world where less formal working arrangements are becoming
more and more common. Before you jump right into your managerial responsibilities, it's a good idea to
familiarize yourself with the functions of management.
The management functions assist you in staying informed about what has to be done and how
so that you may direct your personnel appropriately. Following our understanding of what management
is, we must now comprehend its purpose. Every business has a structure, and the organizational
structure of that business depends on having one that advances the company's goals. In any
organization, from the lowest to the highest levels of management, there are front-line, middle-level,
and top-level managers. The senior management team, for instance, is followed by the board of
directors and the chief executive officer (CEO). If you visualize this structure as a pyramid, you will be
able to clearly see all of its parts. You will have fewer and fewer supervisors to oversee your activities as
you move up the pyramid.
At its most fundamental level, management is a discipline made up of five main tasks. These
include: organizing, hiring, managing, directing, and controlling.
According to one definition, management is a social activity that involves responsibility for the
effective and efficient planning and management of an organization's operations in order to accomplish
predefined goals. It is a dynamic process made up of several components and activities carried out in
different sequences. These jobs should not be confused with operational responsibilities like buying,
marketing, and finance, among others. Instead, it is the duty of every manager, regardless of rank or
position, to fulfill these obligations.
Managers are better able to focus their attention on the actions that result in results when they
have a firm understanding of the functions.
Listed below are the functions of a management and why are they important in running an
organization:
1. Planning
The pace for all following steps in the managerial process is established by planning, making it a
crucial management role. To achieve organizational goals, you need to create a future road map with
predetermined phases. At order to establish how you will move closer to your goal, you must assess
several approaches and plans in this phase.
To make any necessary alterations to reduce errors, you might need to consider previous methods
of execution. To develop an effective planning strategy, you must take into account both internal factors
—people, time, and cost—and external factors—competitors, policies, and the overall business
environment.
2. Organizing
Here, you put your plan into action by constructing a hierarchy or system of authority inside the
framework of your organizational structure. Prior to distributing jobs to your workers, decide which
ones must be done for you to reach your objectives. Today's business world is more dynamic and
flexible than the traditional modes of working, where a management made all the decisions. Regardless
of their status, all organization members share ownership and obligation.
Create an organizational structure that fits your workplace, and then allocate tasks that correspond
to the talents and capabilities of your team. Ensure that everyone is on the same page before assigning
responsibilities as you see suitable.
3. Staffing
Another crucial managerial task is this one. Depending on the knowledge, talents, and capacities of
each team member, you must allocate jobs. Be careful since you might need to bring on new talent for
some activities that call for particular technical knowledge. For this phase to be successful, it is essential
to evaluate your employees' needs in terms of rewards, development, and compensation.
An intelligent manager will be able to assess the skill and productivity of their workforce. So that
their tasks are appropriate for their abilities, this is done. In order to relate to your staff and
comprehend their strengths and shortcomings, you must adopt an empathic attitude.
4. Directing
Monitoring the performance of your team is an important part of directing. In order to stay on top
of things in this step, you must maintain an open line of communication and obtain frequent updates.
Giving and receiving feedback to solve any issue areas and enhance performance is a fantastic approach
to achieve this. At this point, you need to step up as a leader, handle disagreement, and inspire initiative
in your staff.
As a manager, you must grant each team member sufficient autonomy so they may work effectively
and remain motivated without continual oversight. Along with keeping an eye on your team, you also
need to report progress to your manager and other stakeholders. To accomplish your goals in an
efficient amount of time, the entire firm should operate like a well-oiled machine.
5. Controlling
Here, you must compare the results of each step determined during the planning stage to the
objectives of your firm. You must work together with your staff on this phase to make sure they are
proceeding appropriately and in the right path. Controlling can be defined in terms of coordinating,
reporting, and budgeting, as per Gulick's seven management roles.
You must not only make sure that each phase is proceeding as intended, but you must also keep an
eye out for possible issues in order to take appropriate action. Where necessary, make prompt revisions
and adjustments. You'll be able to do your tasks more quickly and on a budget. Utilize this chance to
work closely with each team member.
Management orchestrates and manages several tasks in order to achieve a goal. In order to achieve
its objectives by making the best use of the resources at its disposal, the corporation must decide on a
course of action and manage the actions of its personnel. The hierarchy of staff members inside a
corporation, particularly in terms of seniority, may also be referred to as management.
To become a successful manager, you'll need to develop a variety of skills, including planning,
communication, organization, and leadership. Additionally, you must have a thorough understanding of
the organization's objectives as well as the personnel, business, and other operations required to meet
those objectives.