Functions of Management
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MGT330
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Functions in Management Four fundamental functions in management that have been around for decades are planning, organizing, leading, and controlling. Using these concepts has helped individuals manage effectively, as times change strategies in management need to change so these concepts need to be revisited into their relevancy in today’s world. Since these four functions have been first introduced these four concepts have been redefined. Planning, organizing, leading, and controlling have been changed to a more definitive manner. We will discuss in this paper how Bateman & Snell (2009) address a more definitive approach, and also how California Carpets used or did not use these functions.
Planning
Planning can be described by Bateman & Snell (2009) as “The management function of systematically making decisions about the goals and activities that an individual, a group, a work unit, or the overall organization will pursue.” Determining how to use the available resources to achieve a company’s business model, analyzing situations, preparing for what the future might bring, deciding on objectives, deciding what activities need to be performed, are normally the activities of the planning portion of management. There are more activities in planning in today’s world that needs to be considered than the activities that were described. Bateman & Snell (2009) state that planning is now “delivering strategic value” How a company meets the needs of its customers, and employees is what Bateman & Snell (2009) state what entails delivering strategic value. Meeting a company’s organizational goals is another way to deliver value according to Bateman & Snell (2009). Bad planning can deeply hurt a company in such a way that the company will have to file bankruptcy as California Carpets