...AMONG AUTHORS TO SET A COMMON DEFINITION TO THE TERM PLANNING." DISCUSS . Spontaneity We do agree upon that statement As they are expressing their own points of view and they may never agree upon one definition as that definition is going to be changed according to the field they are working at and under what conditions And all of them try to define planning through that it's a process that aim to achieve organizational goal but each author has his own way in how to reach that goal. FIRST DEFINITION: DEFINITION PLANNING IS the first managerial function involves setting organizational vision, goals, and objectives. AUTHERS' NAMES: William G. Nickels, James M. McHugh, and Susan M. McHugh. BOOK TITLE: UNDERSTANDING BUSINESS. EDITION: 6th Ed. PUBLISHER: McGraw Hill. COUNTRY: IRWIN. YEAR: 2002. PAGE NO.: 207. DISCUSSION, ANALYSES, AND CRITICIZEM - The authors defined planning as it is the first managerial function and about setting goals, vision, and objectives of the organization, BUT THEY mentioned that planning is only about setting goals but they didn't mention that the planning function is responsible also for deciding how those goals and objectives are going to be accomplished, and they also didn't mention the time horizon related to the plan and that it's also related to the future. SECOND DEFINITION DEFINATION PLANNING IS a process that includes defining goals, establishing strategy, and developing plans to coordinate...
Words: 1360 - Pages: 6
...The Developing Manager [Writer Name] [Institute Name] [Date] The Developing Manager Introduction The efficient management of any organization is the central driver of the constant achievement of the business and it is influenced by both the internal and external factors of the organization. It is vital that the Top Management aims to display successful leadership & management in organisation concurrently and in view of other duties & responsibilities. The Report aims to enhance the understanding regarding leadership & Managerial skills. This report will discuss the practices and management principles, will perform the review regarding potential as prospective manager, display managerial skills in the business & services context, and will develop a Career development plan for employment in the Business and services context. Discussion The diverse forms of Management styles are vital to the success or failure of any Business. The following are few of the Management Styles: Autocratic Management style: This form of Management style permits the Businesses to sustain a blue print if we require and how the company functions. This is due to the base of an Autocratic type of Management comes from concept of a nation which is govern by the dictator or the king. This type of management style permits the individual to make the final decisions regarding the business without the staff having any input but usually base the decision with staff in mind and what they assume is...
Words: 3436 - Pages: 14
...The Developing Manager [Writer Name] [Institute Name] [Date] The Developing Manager Introduction The efficient management of any organization is the central driver of the constant achievement of the business and it is influenced by both the internal and external factors of the organization. It is vital that the Top Management aims to display successful leadership & management in organisation concurrently and in view of other duties & responsibilities. The Report aims to enhance the understanding regarding leadership & Managerial skills. This report will discuss the practices and management principles, will perform the review regarding potential as prospective manager, display managerial skills in the business & services context, and will develop a Career development plan for employment in the Business and services context. Discussion The diverse forms of Management styles are vital to the success or failure of any Business. The following are few of the Management Styles: Autocratic Management style: This form of Management style permits the Businesses to sustain a blue print if we require and how the company functions. This is due to the base of an Autocratic type of Management comes from concept of a nation which is govern by the dictator or the king. This type of management style permits the individual to make the final decisions regarding the business without the staff having any input but usually base the decision with staff in mind and what...
Words: 3457 - Pages: 14
...Planning Function "THERE IS NO AGREEMENT AMONG AUTHORS TO SET A COMMON DEFINITION TO THE TERM PLANNING." DISCUSS . Spontaneity We do agree upon that statement As they are expressing their own points of view and they may never agree upon one definition as that definition is going to be changed according to the field they are working at and under what conditions And all of them try to define planning through that it's a process that aim to achieve organizational goal but each author has his own way in how to reach that goal. FIRST DEFINITION: DEFINITION PLANNING IS the first managerial function involves setting organizational vision, goals, and objectives. AUTHERS' NAMES: William G. Nickels, James M. McHugh, and Susan M. McHugh. BOOK TITLE: UNDERSTANDING BUSINESS. EDITION: 6th Ed. PUBLISHER: McGraw Hill. COUNTRY: IRWIN. YEAR: 2002. PAGE NO.: 207. DISCUSSION, ANALYSES, AND CRITICIZEM - The authors defined planning as it is the first managerial function and about setting goals, vision, and objectives of the organization, BUT THEY mentioned that planning is only about setting goals but they didn't mention that the planning function is responsible also for deciding how those goals and objectives are going to be accomplished, and they also didn't mention the time horizon related to the plan and that it's also related to the future. SECOND DEFINITION DEFINATION PLANNING IS a process that includes defining goals,...
Words: 261 - Pages: 2
...news, this essay reveals several managerial theories and ideas. Including Fayol’s managerial functions, planning and controlling. Some Mintzberg’s managerial roles, and the task environment for China Mobile is also mentioned. At last, the essay concludes by the implications for the China Mobile’s project with Apple in the future. Managerial Functions: Planning, Controlling Based on the managerial functions of planning, organizing, leading and controlling, China Mobile cooperates with Apple just interpreting the planning function in a good way. Planning is the top level of managerial function, which involves choosing goals, setting course of action and allocate organizational resources. Moreover, controlling is the action for the organisation to maintain or improve performance to measure if they could achieve their goals (Waddell et al., 2013). Because of Apple’s influence, and the considerable shares of market, it is not hard to see the cooperation is a big move for China Mobile. As the largest carrier of the global, the video point out that Apple will have potentially 700 million subscribers when it sell iPhones together with China Mobile. What was not mentioned according to the video, it will be a big opportunity for China Mobile as well. Waddell et al.(2013:8) say that ‘the outcome of planning is a strategy, a cluster of decisions concerning what organizational goals to pursue, what actions to take and how to use resources to achieve goals’. As mentioned in the video, Apple...
Words: 1057 - Pages: 5
...11/8/2013 1st meeting—Developing Managerial Competencies Managers have to cope with diverse and far‐reaching challenges FOR EXAMPLE 1. Strive to remain competitive in a dynamic and far reaching world 2. To keep pace with ever‐advancing technology 3. To find ways to incorporate the Internet and e‐business into their strategies and business model 1 2 2 Introductory Concepts: What Are Managerial Competencies? Communication Competency Teamwork Competency Competency – a combination of knowledge, skills, behaviors, and attitudes that contribute to personal effectiveness Managerial Competencies – sets of knowledge, skill, behaviors, and attitudes that a person needs to be effective in a wide range of positions and various types of organizations 3 Managerial Effectiveness Self-Management Competency Planning and Administration Competency Strategic Action Competency 4 Multicultural Competency 1 11/8/2013 ?????? • to what extent we believe competencies are something we are "born with or can be learned." • So what !!!!!!!!!....... everyone can develop these competencies if we are motivated, although some competencies may "come easier" to certain individuals than to others. Do we agree? 5 What Is An Organization? A formal and coordinated group of people who function to achieve particular goals These goals cannot be achieved by individuals acting alone An organization has a structure. 6 What Is A Manager? A person who...
Words: 1688 - Pages: 7
... To Purchase Click Link Below: http://strtutorials.com/ACC-560-WK-2-Quiz-1-All-Possible-Questions-017.htm ACC 560 WK 2 Quiz 1 - All Possible Questions TRUE-FALSE STATEMENTS 1. Reports prepared in financial accounting are general-purpose reports, whereas reports prepared in managerial accounting are usually special-purpose reports. 2. Managerial accounting information generally pertains to an entity as a whole and is highly aggregated. 3. Managerial accounting applies to all forms of business organizations. 4. Determining the unit cost of manufacturing a product is an output of financial accounting. 5. Managerial accounting internal reports are prepared more frequently than are classified financial statements. 6. The management function of organizing and directing is mainly concerned with setting goals and objectives for the entity. 7. The Sarbanes-Oxley Act replaces generally accepted accounting principles in a manufacturing company. 8. Controlling is the process of determining whether planned goals are being met. 9. Decision-making is an integral part of the planning, directing, and controlling functions. 10. Direct materials costs and indirect materials costs are manufacturing overhead. 11. Manufacturing costs that cannot be classified as direct materials or direct labor are classified as manufacturing overhead. 12. ...
Words: 1281 - Pages: 6
...Analysis of the National Sales Manager of Lafarge Romania I. Introduction Founded in 1833, Lafarge is an international company present nowadays in 76 countries and headquartered in France. It is an innovator and leading manufacturer of construction materials that include cement, aggregates, concrete, and gypsum. Its milestones and innovations include the creation of the first research laboratory specialized in cement, the creation of specialized types of cement such as white cement and high temperature resistant cement, the establishment of the first cement plant in North America, first use of industrial waste as alternative fuel, becoming a conservation partner of the WWF. Nowadays, Lafarge is the number one world producer of cement, number two world producer of aggregates, and number three world producer of concrete and gypsum. Lafarge operates on strong values and is striving to be effective, create value for its customers, and protect the environment (www.lafarge.com). Lafarge has a branch in Romania. Lafarge Romania produces cement, aggregates, concrete, and gypsum. This branch’s philosophy is innovation, quality, and diversification. Superior products paired with a strong sales and marketing force ensure the leading position of Lafarge on the Romanian construction material market (www.lafarge.ro). The National Sales Director of the Romanian branch is Ana XXXX. She oversees 3 regional sales managers and 7 senior sales representatives. Mrs. XXXX is in her late thirties...
Words: 2756 - Pages: 12
... To Purchase Click Link Below: http://strtutorials.com/ACC-560-WK-2-Quiz-1-All-Possible-Questions-017.htm ACC 560 WK 2 Quiz 1 - All Possible Questions TRUE-FALSE STATEMENTS 1. Reports prepared in financial accounting are general-purpose reports, whereas reports prepared in managerial accounting are usually special-purpose reports. 2. Managerial accounting information generally pertains to an entity as a whole and is highly aggregated. 3. Managerial accounting applies to all forms of business organizations. 4. Determining the unit cost of manufacturing a product is an output of financial accounting. 5. Managerial accounting internal reports are prepared more frequently than are classified financial statements. 6. The management function of organizing and directing is mainly concerned with setting goals and objectives for the entity. 7. The Sarbanes-Oxley Act replaces generally accepted accounting principles in a manufacturing company. 8. Controlling is the process of determining whether planned goals are being met. 9. Decision-making is an integral part of the planning, directing, and controlling functions. 10. Direct materials costs and indirect materials costs are manufacturing overhead. 11. Manufacturing costs that cannot be classified as direct materials or direct labor are classified as manufacturing overhead. 12. ...
Words: 1281 - Pages: 6
...comprehensive managerial system that integrates many key managerial activities in a systematic manner and that is consciously directed toward the effective and efficient achievement of organizational and individual objective.” MBO is a comprehensive management system based on measurable and participative set objectives. It is collaborative in nature and stresses on measurable objective that are set by participation of all concerned. Manage by objectives (MBO) has been widely used for performance, appraisal & Employee. Motivation, but it is really a system of managing. Among its benefits MBO results in the better managing often forces managers to clarity the structure of their organization’s, encourages people to commit themselves to their goals and helps to develop effective control. Benefits & Weakness of MBO. Although goal oriented management is now one of the most widely practiced managerial approaches, its effectiveness is sometime questioned. Faulty implementation is often blamed, but another reason is that MBO maybe applied as a mechanistic technique focusing on selected aspects of the mane3gerial process without integrating them into a system. Benefits of management by objectives: This is a considerable evidence, much of it from laboratory studies that shows the motivational aspects of the clear goals but there are such as the following- 1. Better Managing: Objective can not be established without planning & results oriented planning is the only kind...
Words: 541 - Pages: 3
...The Management process entails 4 essential managerial tasks. Each task holds a certain importance to the process and essentially aids in achieving a managers highest goal: setting high performance. Each of these tasks adds to the efficiency and effectiveness of a manager’s unique managing style and process. The four essential managerial tasks are planning, controlling, leading, and organizing. In order to understand how each are important let’s first explain each task. Planning deals with choosing appropriate organizational goals and courses of action to best achieve those goals. In this task, managers decide which goals the organization will pursue, what strategies to adopt to attain those goals, and how to allocate organizational resources to pursue the strategies that attain those goals. Lack of proper planning in an organization can lead to inefficiency and ineffectiveness in the organization. Without proper planning it is seemingly impossible to hit a peak level of performance. Planning sets the tone for an organizations success and opens the door to new heights in a manager’s career. Organizing is structuring working relationships so organizational members interact and cooperate to achieve organizational goals. It is the manager’s job to be able to successfully organize the people into departments according to the kinds of job-specific tasks they will perform. Organizing lays out the “lines of authority and responsibility” among the different individuals and groups...
Words: 458 - Pages: 2
...2010, 13-22 13 CAREER PLANNING PROCESS AND ITS ROLE IN HUMAN RESOURCE DEVELOPMENT ELIZA ANTONIU ABSTRACT: This paper addresses specific questions on career planning, activity which plays an increasingly representative role in the human resources management. People were always concerned about choosing and building careers to meet their needs and aspirations. Career planning process involves both individual and organization responsibility. In the contemporary business environment, highly competitive, we find that career management responsibility rests increasingly on the individuals. Organizations also play an important role; its need to have and maintain a competent staff, considered as the main source for obtaining competitive advantage, most advanced companies develop and apply an integrated management career system, beneficial both for themselves and for their employees. KEY WORDS: planning activities; career management; human resource; system JEL CLASSIFICATION: M12 1. CAREER PLANNING – AN ESSENTIAL COMPONENT OF HUMAN RESOURCE MANAGEMENT The current economic context, marked by increased competition, integration in the European Union and especially the need to maintain competitive advantage in an increasingly uncertain business environment, have led to the introduction and the deployment of human resources activities until recently neglected. Thus, more companies in Romania have started to develop and implement organized planning and career development systems...
Words: 3730 - Pages: 15
...Four Functions of Management at CHCC Planning, Organizing, Leading and Controlling University of Phoenix - Management: Theory, Practice and Application Tracey Keaggy Halas 1/10/2011 As the Department Head of the Marketing team of a health care center, I must be able to facilitate all the marketing needs by planning, organizing, leading and controlling. In order to be a part of the successful marketing managers I must establish the knowledge and expertise in order to follow through on all four of these functions. In today’s rapidly changing health care industry, the components of management are becoming more important. As the department head of the marketing team of a health care center, I must be able to facilitate all the marketing needs by planning, organizing, leading and controlling. In order to be a part of the successful marketing department, I must establish the knowledge and expertise in order to follow through on all four of these functions. These functions of management are extremely important when building strong organizations, effective teams and team leaders. These four functions must be performed by all managers regardless of their individual title or the task they are handling. These managerial skills are used daily by our managerial staff at CHCC Health Care Centers. In any managerial position, whether it is an administrator, director of nursing, or an individual department head, CHCC managers utilize all four functions in their daily...
Words: 1062 - Pages: 5
...employees develop products and make decisions in largely autonomous divisions. HP is also committed to egalitarian work settings, openness, quality, employment continuity, and diversity in the work force. The Palo Alto Company was founded in 1939 by engineers William Hewlett and David Packard. * Organization – two or more persons engaged in a systematic effort to produce goods and services. What is Management? * A process of achieving organizational goals by engaging in the four major functions of planning, organizing, leading, and controlling. * Recognizes that management is an ongoing activity, * entails reaching important goals, and * involves knowing how to perform the major functions of management. 4 Major Functions of Management Planning: Setting goals & deciding how best to achieve them. Controlling: Regulating activities to reach goals. Organizing: Allocating and arranging resources. Leading: Influencing others to work toward goals. * Not –for- Profit Organization – an organization whose main purposes center on issues other than making profit. Managerial Work Agendas * Nature of Work Agendas – a work agenda is a loosely connected set of tentative goals and task that a manager is attempting to accomplish. * Factors Influencing Work Agendas – according to Rosemary Stewart, a British expert in managerial work, there are 3 main factors that likely to have an impact on a manager’s work agenda: 1. Job Demands – activities...
Words: 1076 - Pages: 5
...responsibilities require them to work in and create an environment that will promote empowerment, teamwork, self-management, promotes participation, and involvement, higher performance, greater efficiency, lower cost and more. Therefore, this reading will define 10 roles of managerial duties and provide the definitions of management functions within the management process. Along with discussing the most important function in management function as well as discuss what I want to gain by taking this class. Managerial Roles The simplest ways to define the positions and importance of managers within a workplace, is to use Henry Mintzberg's systematically divided description of managerial work. Mintzberg's describes the nature of managerial work in 10 roles. Mintzberg, according to Lombardi and Schermerhorn (2007), believes that managers fall into three categories the first being interpersonal where managers roles involve interaction with people during and after work. The second is informational roles and involves the receiving, analyzing, and receiving of information. The third is decisional roles and involves using information to make decisions, address opportunities and solve problems. The ten managerial roles fall under the three categories listed above as follows: • Interpersonal roles: how a manager interacts with others. o Figurehead o Leader o Liaison • Informational roles: how managers exchange and process information. o Monitor o Disseminator o Spokesperson •...
Words: 807 - Pages: 4
