Four Functions of Management

Management Functions
Abstract
In today’s rapidly changing competitive world, the human component of management is becoming more and more important. A successful manger must have the knowledge and expertise of effective concepts as it relates to managing. Management is a function, a discipline, a task to be done; and managers are the professionals who practice this discipline, carry out the functions, and discharge these tasks.
Introduction
Throughout the centuries there have been many theories and developments in the field of study as relates to management however, most management historical writers refer to the manager’s four basic functions as planning, organizing, leading, and organizing.
Planning is an essential management function. In every organization, managers plan a wide variety of actions on a daily and long-term basis. As part of their jobs, managers are required to define the specific goals of an organization and develop the plans for attaining them. Planning is ...