...Running head: The Importance of Management 1 The Importance of Management Chelsea Winslow MGT330: Management of Organizations Paul Verlasky THE IMPORTANCE OF MANAGEMENT 2 Introduction Management is crucial in developing the operations of organizations. The structure of an organization is the foundation that an organization positions itself on and determines the success of the organization. Without management, organizations would lack defined purpose and goals. Management in organizations has led to studies of various theories of management. There are numerous theories and ideas that have shaped management principles within organizations. Despite the ever changing environment of organizations, there are five core functions that have remained intact. These functions are: leading, planning, staffing, organizing and controlling. Every organization and its needs are unique and specific to that organization. Every organization will have a different approach and way of operating, but these five core functions are the constant in the implementation of each organization’s goals. These core functions can be observed in one of the retail industry leaders, Macy’s. As a former employee of this organization, I observed these five functions of management in the achievement of their goals. Also, as a former employee of this organization, I believe I can elucidate more on the process of application of these functions in various situations...
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...Final Paper D’Andrea Jackson MGT330: Management for Organizations Kyle Kontour May 18, 2015 Final Paper The five management functions are used in all organizations, which are planning, organizing, staffing, leading and control. Each one of these functions is applied to make sure that the organization is successful with hitting the goals, within the organization. This helps with employees, managers, supervisors and also human resource, to make sure that the organization is successful and the organizational goals are achieved. The company that I have worked for is called Insurance Quote Exchange; I will discuss how this organization used the five management concepts within the organization. Insurance Quote Exchange was a very small organization, it consisted of the CEO, human resources, manager of sales, manager of marketing, marketer, manager of technology, supervisor for customer service, and sales representatives. This organization consisted of twenty -five people, and I was the only customer service representative in the organization. Planning was important in this organization, there was many meeting being held with the CEO, human resources and all of the managers in each department. Insurance Quote Exchange was and website lead provider for insurance agents, many...
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...Course Syllabus MGT330 MANAGEMENT: THEORY, PRACTICE AND APPLICATION Course Start Date: 6/28/2011 Course End Date: 8/1/2011 Please print a copy of this syllabus for handy reference. Whenever there is a question about what assignments are due, please remember this syllabus is considered the ruling document. Copyright Copyright ©2010 by University of Phoenix. All rights reserved. University of Phoenix© is a registered trademark of Apollo Group, Inc. in the United States and/or other countries. Microsoft©, Windows©, and Windows NT© are registered trademarks of Microsoft Corporation in the United States and/or other countries. All other company and product names are trademarks or registered trademarks of their respective companies. Use of these marks is not intended to imply endorsement, sponsorship, or affiliation. Edited in accordance with University of Phoenix© editorial standards and practices. Facilitator Information Lee Stanford Farr stanford@email.phoenix.edu (University of Phoenix) leesfarr@cox.net (Personal) 480-203-5532 (MST) Facilitator Availability I am available from 9 a.m.-9 p.m. Arizona Time Zone (fluctuates between Mountain Standard/Pacific time zones) on most days, but I attempt to reserve Sunday for my family. During the week, I am online most of the time during that 9 a.m.-9 p.m. time frame. On Saturdays, I tend to be online in the morning only. If these times are not convenient for you, please let me know. I will be happy...
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...Case Study: Opening New Dunkin Donuts Locations MGT330: Management for Organizations (BAC1617C) Instructor Robert Armbrust May 8, 2016 Introduction Dunkin Donuts was founded in 1950 by William Rosenburg and in four short years there were a total of five Dunkin’ Donuts shops. Today, Dunkin’ Donuts is in 30 countries with over 6,000 shops and is the leading retailer of coffee, donuts, and bagels. Having been promoted to District Manager of Dunkin Donuts, my responsibility is to create a team that will maintain the standards of Dunkin’ Donuts by delivering quality service and also be an integral part of making each new Dunkin’ Donuts shop profitable. Organizational structure as well as other methods to be used to build a successful team will be discussed within this paper. Because the shops opening are small in size, the design, organization and staffing appraisal and process will be simple in structure. Job Design The text The Five Functions of Effective Management (2014) state that the first step in the job design process is documenting the types of jobs the company needs to complete its objectives. This involves job analysis, job description, and job specification. In order to create a great job analysis of various positions, research of other successful Dunkin’ Donut shops has been completed and information from those locations has been collected about the positions required to open the new locations. This research provided information that shows the following positions...
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...Final Paper Jennifer George MGT330 Management for Organizations Instructor David Gibbons August 5, 2011 Final Paper Management practices of planning, leading, organizing, staffing, and controlling are implemented in my work place in many different ways and people who work together as a team to accomplish different goals for the organization to run smoothly. Gulf Coast Community Association Service is a well-organized organization that I have been employed with for over 24 years. Gulf Coast Community Services Association (GCCSA) which I will use the five management functions. GCCSA is an example of a professional bureaucracy which “may be used when an organization depends on highly skilled professionals delivering goods or services at the core of the organization” (Reilly, Minnick, & Baack, 2011). In this assignment I will attempt to analyze the application of planning, leading, organizing, staffing, and controlling to may place of employment. Also, I will include specific examples of how each of the five management functions is practice in my place of work. As stated in the text “level management is a discipline that consists of a set of five specific functions: planning, organizing, staffing, leading, and controlling. These five functions are part of a body of practices and theories for how to be a successful manager” (Reilly, Minnick, & Baack, 2011). At GCCSA there are a chain of commands which consists of a management team which each of these functions are...
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...1.2. Differentiate between leadership and management. According to the extract how can leaders become more effective? Discuss. Leadership and management are two terms which have been used hand in hand and sometimes are often used interchangeably to describe positions in which one may direct a group of people. The might sound similar but they have different meaning and are one of the most researched topics in business management today. Today’s groups, organizations, and teams need both effective leaders and effective managers to run a successful operation. While some obvious similarities (i.e. they both involve influencing constituents or employees; authority and power are generally given with both positions) can be found between leadership and management, there are also some striking differences (i.e. management is often more task-oriented; leadership is often considered more inspirational and visionary). Management refers to roles which typically involve the supervision of employees. The depth or reality of a manager’s responsibility may differ depending on his position, for example a human resources manager has to ensure that his subordinates arrange and carry out recruitment to occupy vacant company positions, while a finance manager has to organize the collection of commercial trends and aid decision making of the higher-ups based on analyses. The manager is responsible for creating and executing plans based on organization’s goals set by the superiors and to measure...
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