...How Internal and External Factors Impact the Planning Function of Management within Dell Introduction This paper will discuss how internal and external factors impact the planning function of management within Dell Computer Corporation. These factors are rapid change, globalization, technology, e-business, innovation, diversity and ethics. All these factors have an affect on how the management at Dell plans for the future and reaches it’s ever changing goals. Rapid Change Dell was doing very well in sales. Demand for computers was at an all time high. In order for Dell to keep up with the demand, they needed to build a bigger and better plant. Assembly line workers were given more responsibility and more components. This enabled them to build more machines individually. Instead of adding a bolt here and a chip there, workers in very small teams would build the complete machine following precise order guidelines and by using components stored in the carefully indicated racks in front of them. In order to meet the demand for different machine options, Dell had to make a massive change in its continuous flow operation. They implemented a Pick-To Light system, which is an up-to-the-minute database that runs on an SCO Unix operating system platform and is tied to a stockroom system. By tying it to work-in-progress stockrooms, the order-level material checking system...
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...Lindenwood University Four Functions of Management Management Concepts Michelle Combs Principles of Management Dr. William Dean 29 January 2015 Michelle Combs Dr. William Dean Principles of Management 29 January 2015 Outline Management: Four Functions of Management in a Business Thesis: Management in the world, whether big or small, is accomplishing goals for the company he or she work for. To be a successful business or organization depends on how well management utilizes the four function of management, rather it is effectively of efficiently. To understand better the fundamental function of management, one must define management. The four functions are planning, organizing, leading, and controlling. I. Planning is the first function of management. A. Strategic planning is the process of analyzing. B. Tactical planning is the intermediate process. C. Operational planning assumes the existence of goals. II. Organizing the function which managers are coordinating. A. Building the organization. B. Attracting people to the business. C. Creating conditions for people to work together. III. Leading is stimulating people to be high performers. A. Leading is the day to day contact with people. B. Inspiring the team to achieve goals. C. Focus on motivating the team. IV. Controlling is the function that monitors performance. A. Implementing the plans of the organizations. B. Making sure that the...
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...Four Functions of Management Abstract For any organization/business, regardless of size or type, to run efficiently and achieve its vision, goals, and objectives that it has set forth, it must apply four functions of management. These four functions are planning, organizing, leading, and controlling. These functions are a process where each activity is dependent on the other. When these functions are performed accurately and, when done satisfactorily, the organization should be successful. Four Functions of Management For any organization/business, regardless of size or type, to run efficiently and achieve its vision, goals, and objectives that it has set forth, it must apply four functions of management. These functions enable management to control the strategic, tactical, and operational decisions for the organization; therefore, the essential functions of management are: planning, organizing, directing, and controlling. Planning is the first and primary area of all the functions of management. There is a quote the motivational speaker, Harvey Mackay uses, “If you fail to plan, then you plan to fail.” Benjamin Franklin said it this way, “If you fail to plan, you are planning to fail.” Which quote a person prefers is not important, but what is important, is that if an organization wants to succeed, they have to plan. Planning is the groundwork and the other three functions are built upon this groundwork. To lay the groundwork, management must evaluate where...
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...How do the four functions of management affect organizational success? Which function of management do you think is most important? Why? The four functions of management affect organizational success: P The four functions of management affect organizational success because they must work together. The success of the organization relies on creative problem solving in each function of management. The success of the organization requires upon effective and efficient management. The four functions of management are planning, organizing, directing, and controlling. All of the functions must be equally performed and balanced. Lacking in one function can affect the success of the organization negatively across the board. The planning function is the core area of the four functions of management. Planning requires management to evaluate the company’s current standings and its goals for the company’s future. Management analyzes factors that may affect the opportunities and threats. In the organizing function of management the resources must be organized to implement the course of action determined in the planning process. Management will determine the internal organizational structure and allocate necessary resources. Through directing management influences and oversees the behavior of the staff in achieving the company’s goals. In this function management also assists the staff in accomplishing their own personal and career goals. Managers become more effective...
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...Functions of Management Pierre’ Daniels University of Phoenix March 14, 2011 As defined by Bateman & Snell (2009), the art of management is “the process of working with people and resources to accomplish organizational goals.” Understanding the goals of management given the four functions of management is one of the foundations to ensure success as a manager. Although management positions change hands while organizations continue to grow and develop, the fundamentals of management remain the same. The four functions of management include, 1. Planning 2. Organizing 3. Leading 4. Controlling. 1. Planning The first function in management is planning. According to McNamara (2008), examples of planning include: “strategic planning, business planning, project planning, staffing planning, advertising and promotions planning.” During the planning stage, management must first develop specific goals for the organization to achieve. Having set goals will ultimately keep an organization focused on mission accomplishment by knowing what they are working for. In addition to setting the goals for an organization, management must also consider in advance the necessary steps and resources required to achieve these goals. In order to properly plan out and take steps in the execution of organizational goals, one must consider the current and future objectives of the organization while developing strategies to overcome any obstacles that may arise. With a solid...
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...Bhagyashree Sood Management of Health services Professor Frank 11/15/2015 Evaluation #2 Managers have a big role to play in the success of a health services organizations. Since managers are the primary people one could reach out for assistance, they have to plan strategically and follow the key concepts and theories which enhances the performances of the organization. Planning and organizing is also a very important aspect in the process of maintaining sustainable relationship between the organizations and the systems external environments (Longest, 422). Strategizing is the basic concept which initializes the different theories that motivates and communicates in the field of health care systems. There are different types of concepts, theories, and leadership motivation that help the organization to stay intact within a working environment. “Planning, in general, is defined as anticipating the future, assessing present information about the organizational direction, programs, and resource deployment” (Longest 424). It is important to focus on planning in any system because it will help with the establishment of important concepts in the future. One such system that follows this pattern is the HSO system, these concepts follow through the other functions in HSO. For example functions such as organizing, staffing, directing, controlling and decision making only comes after the planning process moves ahead. Planning is a very important part of management because it saves...
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...which you define the four functions of management (planning, organizing, leading, and controlling). In your paper, include an explanation of how each function relates to your own organization. Management, can be described as the successful operation of a company or business.Or in other words is the can be simply described as the implementation of processes and procedures in order to solve problems in a productive and resourceful manner. This process can be carried out by means of what are commonly designated as the utilities or functions of management. The four common functions are: planning, organizing, leading and controlling which have the projected outcome of making use of any businesses available assets and resources in such a way that its mission statement and goals can be acceptably accomplished. The first and possibly most important step of managing an organization or business is the planning step. This function of management involves predicting the potential course the organization will be directed toward in upcoming months and years and coordinating specific routes that need to be followed in order to reach the businesses full potential. Planning is a methodical activity that establishes who will carry out a specific job, when that job or task needs to be performed and the manner in which it should be carried out. The planning phase of business management is a comprehensive program that concerns impending plans for specific actions. "Planning is concerned with the...
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...– Program Management Unit ESDP-PMU Management Functions 1. Introduction: Management is defined as the process of getting activities completed efficiently and effectively with and through other people . It encompasses an array of functions with which it accomplishes different tasks done successfully. These functions include planning, staffing, organizing, directing, and controlling. The Eritrea Education Sector Development Program – Program Management Unit, abbreviated as ESDP-PMU, is an institution destined to accomplish education sector program objectives that have to be viewed in terms of the government policy to boost the education sector in all aspects. Through the educational sector intervention, ESDP-PMU works to ensure increase in access, improve quality, boost capacities in all levels of the sector, and ensure equity in delivery education services. This paper explores the management functions in the ESDP, highlights strengths and weaknesses in view of the theoretical aspect of management function. Finally, it highlights some few salient points that are worth mentioning and by way of recommendations it tries to shed lights on issues that need improvement. 2. Overview of the management functions: Henry Fayol defines management as a science of forecasting, planning, organizing, commanding, coordinating, and controlling. The most commonly cited management functions are planning, staffing, organizing, directing, and controlling. Planning refers to...
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...Functions of Management Functions of Management In every organization, every manager knows the importance of the four functions of management. Planning, organizing, leading, and controlling are the functions that managers use throughout their career daily. The larger corporations of management have the top-level, middle-level, and frontline managers use all the functions of management. Smaller businesses only may have one manager or owner who employs all four functions on all the levels of management. Success cannot be accomplished without the use of the four functions of management, no matter how many managers work within the business. Planning is the first function of management. Planning involves the development of objectives and goals, and planning the appropriate actions to achieve those goals (T.S. Bateman and S.A. Snell, 2009). Planning enables managers to set a clear path and to help make the goals be more achievable within the business. When using the planning function in management, individuals should consider all the circumstances within the inside and outside of the corporation. Looking forward into the future and anticipate the future conditions of the corporation is also needed. Looking at the past goals that have been achieved already and reviewing some of the past goals never achieved will help with the function of planning of a corporation or business. When using the planning function of management, consider all the influencing factors and...
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...Functions of Management Abstract This paper is about the Functions of Management. There are many different styles and kinds of management. This paper will be discussing the different styles and functions of management. It will also be discussing how those functions of management affect us as managers and what their roles are. I believe that in order to really be an effective manager using all the different styles and techniques is required. All functions of management must work together in order for you to be an effective manager. Functions of Management There are many different types and styles of functions of management. The Functions of Management describe the manager’s job in a whole. The most known functions of management are planning, organizing, leading, and controlling. Planning Planning is the function of management that involves setting objectives and determining a course of action for achieving these objectives. It also requires that managers be good decision-makers. There are many different types of planning some examples are: Strategic, Operational, Scenario and Tactical. (Satterleee, A., 2009) In one of my articles it states that “Strategic planning is one of the most critical means of fostering the success of an institution, and the achievement of its vision, mission, and strategic goals.” (Achampong, F.K. 2010) In a book review that I read it talks about scenario planning, in this review it states that, “Scenario planning is a revolutionary...
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...Tiffany Seda Functions of Management October 11, 2010 Gregory J. Flick MGT/330 In order for an operational organization to run smoothly there are management concepts that need to be set forth. Planning, organizing, leading, and controlling are the four functions of management and when broken down in different areas they can be very beneficial to an organization. Each component in management is important to the structure of management and one does not work well without the other. Rane (2010), "Planning is the core area of all the functions of management” (Planning, Para. 1). If a course of action planned works correctly the achievement of a company’s goals can be realistically met. Following up on the execution of the planning function is an important part to effective management. Planning is beneficial in an organization; it allows managers to take the time to analyze the next course of action and is essential in times of companies in distress. Working in a law firm and experiencing the affect of proper planning of a case study for court beforehand can make the difference of retention of the client and settling the case. There is never to much planning that can go into a factor of an organization. Erven (n.d.), "Organizing is establishing the internal organizational structure of the organization. The focus is on division, coordination...
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...Introduction Management theorists generally consider the four key functions of management to be Planning, Organizing, Leading and Controlling (Newens, 2008; Stanley, 1999). Although all functions are given similar levels of consideration in the existing literature, this essay will seek to demonstrate why planning is the most important management function. What is planning? The planning function of management at the most basic level determines what should be done and by when. The article The Building Blocks of Management by Stanley (1999) states “No business plans to fail, but many do in the absence of a plan. This aspect of management is concerned with expressing a future state for the business and creating a road map to achieve it.” In other words, planning is a systematic approach that establishes the vision and goals of the business and the means by which the business is going to reach those stated targets. Key aspects of Planning As discussed by Bartol et al. (2007) planning can be simplistically broken down into three key areas – Mission, Goals and Plans. Bartol et al (2007) goes on to explain how each key area intertwines with each other to form what is collectively known as the “planning process”. These key areas can be further broken down into their respective components and then analyzed as to how they become vital pieces of the planning process that contribute to the final outcome, being the attainment of the stated goals. The mission is the purpose of the...
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...The Four Functions of Management Timothy John Barabin Grantham University Abstract The paper discusses the definitions of the four functions of management; Planning, Organizing, Leading, Controlling, and their effect on organizational success. Keywords: organization, , management, planning, leading, organizing, controlling There are four main functions of a manager's responsibility that needs to be completed. That is planning, organizing, leading and controlling. Normally employees only get to see the last two. Leading and controlling, but behind closed doors the planning and organizing takes place. A large amount of the managers time is spent planning and organizing so that the jobs of the employees can run smoothly. (Four Functions of Management, n.d.) Planning is a process to develop a strategy to achieve a stated objective or desired outcome. The planning process identifies the goals or objectives to be achieved, formulates strategies to achieve them, arranges or creates the means required, and implements, directs, and monitors all steps in their proper sequence. It's up to the manager to identify which goals need to be planned within their individual areas of responsibility. Planning should be focused on day to day and long term operational goals. Failure to plan is planning to fail. (Planning, n.d) The organizing function normally follows the planning stage. Organizing is the function of management...
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...Functions of Management Student Name University of Phoenix MGT/330 February 7, 2012 Instructor Functions of Management Telecommunication companies must maintain a consistent and dependable operating system. Managers within this organization are the supervisors of a group or department of employees. The managers must ensure that the required work is completed in order to reach the organizational goals and maintain the organizations standards. There are four functions of management that aid a manager in ensuring that the employees achieve the organizations goals. The four functions of management are planning, organizing, leading, and controlling. The four functions of management work together in unison and have a very important role in the achieving success. Planning Planning is setting goals to be obtained and determining in advance the appropriate action required to reach those goals (Bateman & Snell, 2009). Planning is the first step and the foundation of management. It is the area for that sets a foundation for the other functions of management. By planning managers can determine the company’s current status and outline the company’s future. Planning sets in place an action plan to ensure that the company’s goals are attained. The planning process also determines how successful a manager will become. By using logical thinking in the planning process accomplishments can be reached. A manager can prepare for the organizations future...
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...Managerial Functions By jacobkuttyta Managerial Functions The functions which describe managerial job, when put together, make up the management process. This process is analyzed into key functions of management viz., planning, organizing, staffing, directing and controlling. Planning, organizingand controlling which deal mostly with non-human aspects are known as mechanics of management, whereas staffing and direction which are primarily concerned with human aspects constitute dynamics of management. In the conceptual scheme, though the functions are listed out in a sequence, I practice they are interlocked as a system. As all functions are not equally important for all managers, time spent by them for each of these functions varies according to their levels in the organization. These functions has been discussed below: 1. Planning: Planning refers to anticipate the opportunity, problems and conditions and choosing from among the alternative future courses of action. The planning process generally includes the following activities. 1. Forecasting is looking ahead to anticipate the opportunity, problems and conditions in a future period of time. 2. Establishing objectives means setting the end results to be accomplished by directing organizational efforts. 3. Programming is establishing sequence and priority of actions to be followed in the attainment of the objectives. 4. Scheduling is deciding on time sequence for program steps. 5. Budgeting is...
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