Functions Of Management Paper

890 words - 4 pages

Functions of Management PAGE 6
Functions of Management PaperNeresa ClarkeUniversity Of PhoenixMGT 330Sharon Donnelly MBASeptember 11, 2008Functions of Management PaperOrganizations need to continually grow and change in order to survive in today's complex business environment. Management's role is to continually build and maintain the organization they work for. Management is the process of working with people and resources to accomplish organizational Goals (Bateman & Snell, 2008).The management techniques vary significantly in different companies. The major functions of management that companies engage in are planning, organizing, leading, and controlling. In the Operational Support Unit (OSU) at the Hartford Insurance Company, these management functions are crucial practices for me.I currently work for The Hartford Insurance Company as an OSU Claims Technician. There are number of task that I assist with in the OSU department. Some of the task that I am responsible for include, issuing manual checks, processing underwriting errors, and various financial reports. In addition, I complete manual check request that are sent from the adjusters in the building.PLANNINGPlanning is 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 (Bateman & Snell, 2008). Planning activities that I am involved in OSU include analyzing recent situations, and determining the resources needed to achieve the company goals. For example, if there is a hurricane that is projected to make landfall in Florida, the field adjuster supervisors is contacted first. The supervisors get prepared to deploy hundreds of adjusters to various areas surrounding the potential hurricane areas to assist and support the insureds. In addition, conference calls were held at least once a day making critical decisions and discussing the possible impact of the storm. In the OSU department, I have to make sure that there are enough blank manual checks for the adjusters. I also have to make sure that the adjusters received them before the storm makes landfall. Over the Labor Day holiday weekend, The Hartford had employees traveling, working and preparing as Gustav approached.ORGANIZINGThe management functions of assembling and coordinating human, financial, physical, informational, and other resources needed to achieve goals (Bateman & Snell, 2008). Organization is a matter of assigning individuals to certain assignments or responsibilities that blend together. By doing so, this puts the OSU department in a better position to accomplish the company goals. One way that the Hartford achieves this is through staffing, training, and organizing the employees into a productive team. For instance, everyone on my team is assigned individual responsibilities. My supervisor, Shirley Justo, constantly checks each team members work flow so that the work loads are evenly...

Find Another Essay On Functions of Management Paper

Functions of Management Essay

604 words - 2 pages What are the four functions of management? This paper will define the four functions of management and how these functions relate to one’s our organization. The four functions of management are planning, organizing, leading and controlling.PlanningThe meaning of planning is setting performance expectations and goals for groups and individuals to work toward achieving objectives. Planning includes the measures that will be used to determine

Functions of Management Essay

1057 words - 4 pages Functions of Management The four functions of management are: planning, organizing, leading and controlling. Management is defined by many different authors as the process in which individuals motivate others to achieve a common goal. To be an effective manager you must not fail at any of the four functions or your team will not meet its common goals. When defining the four functions of management James Higgins suggested in his

Functions of management

1165 words - 5 pages AbstractThis paper examines my thoughts on how the term "management" is linked to the United States Navy that is partially built on the four general functions: planning, organizing, leading and controlling. It looks at when an organization can integrate these functions well, becomes successful. It explains that the functions of management that impact knowledge may strongly impact an organization's success. The four functions of management in

Functions Of Management

1035 words - 5 pages Functions of ManagementFunctions of Management in today's business world, managers follow certain rules that help them be better at their job and also contribute to the success of the business. The functions of management are established to help managers see the business operations with more clarity and understanding. A manager's role is to lead his/her organization to a clearly stated objective. In doing so he/she must muster all his resources

Functions of Management

832 words - 3 pages . All firms are seeking effective managers, and the quality of management is a key element of business success. The four functions of management are essential to building strong teams and stronger organizations. Common to all managers, the four functions are planning, organizing, leading, and controlling. The aforementioned functions of the manager are the activities, which all managers must perform regardless of the industry, the level, the

Four functions of management

1025 words - 4 pages Four Functions of ManagementManagement is defined as the process of setting and achieving goals through the execution of four basic management functions that use human, financial, material, and informational resources. (Straub, 1994) The four functions are planning, organizing, leading, and controlling.I will elaborate on these functions independently, but in reality they are inseparable and interdependent. A manager can't say, "I'm going to

Functions Of Management

852 words - 3 pages functions addressed in this paper are essential to the success of not just the company but to the manager themselves. A manager cannot be effective without utilizing and incorporating each facet of these functions. Although at various levels of management, each function might be used more or less according to their skill level, all functions are necessary for success. References Bateman, T. S., & Snell, S. A. (2007). Management: Leading and

The Functions of Management

1139 words - 5 pages Management is creative problem solving. This creative problem solving is accomplished through four functions of management: planning, organizing, leading and controlling. The intended result is the use of an organization's resources in a way that accomplishes its mission and objectives (Higgins, 1994). The nature and work of management involves effectively applying these four functions to achieve organizational success. The purpose of this paper

Functions of Management

854 words - 3 pages Functions of Management       It is not easy to manage an organization. It takes more than just business sense to know what you are doing when it comes to management procedures. There are a few strategies that can ensure the success of a business organization, but before you can determine those strategies, you have to know the four functions. The functions of management discussed in this paper will be planning, organizing, leading, and

Functions of Management

768 words - 3 pages & Snell, n.d., chap. 1) This paper will define the four functions of management, and will explain how each function relates to my organization.Planning is a vital tool to any manager since it allows him to help prepare for the forthcoming, rather than being commanded by it. A comprehensive plan helps coordinate the actions of all team members, while serving as a basis for control and feedback. By using a systematic approach to planning, a

Four Functions of Management

813 words - 3 pages The process of setting and achieving the organization's goals through organizational resources is called management. To accomplish organizational goals, managers perform four basic functions of managerial work which are known as the four functions of management. These functions include planning, organizing, leading and controlling. These functions are highly integrated and recur throughout the organization. The four functions of management are

Similar Essays

Functions Of Management Paper

830 words - 3 pages The purpose of this paper is to define the four functions of management: planning, organizing, leading, and controlling and to explain how each function relates to your own organization. The organization I belong too is a oil and natural gas producing company.The fundamentals of management have been around since around 1100 B.C when the Chinese founded the four functions of management: planning, organizing, leading, and controlling (Bateman T

Functions Of Management Paper

674 words - 3 pages Management is creative problem solving. This creative problem solving is accomplished through the four functions of management; planning, organizing, leading and controlling. The intended result is the use of an organization's resources in a way that accomplishes its mission and objectives. (From Higgins, Page 7)First, planning is an ongoing process of developing the business' mission and objectives and determining how they will be accomplished

Functions Of Management Paper

754 words - 3 pages I understood why they have to meet with us all the time. I would rather know how I am doing and not wait at the end of the month and be written up at the end of the month for not meeting my goal. So if the manager follows these four function. The company will do well.ReferencesWanish, H. (2009). Four Function of Management. Retrieved fromhttp://businessmanagement.suite101.com/article.cfm/four_functions_of_management

The Functions Of Management Paper

980 words - 4 pages I have been working in the restaurant industry for the past seven years. Through my experience I have seen good management and bad management decisions and the effects it has on the business as a whole. Good managers must implement the four functions of management into their business if they are going to be successful. These include planning, organizing, leading and controlling. I also must incorporate the four functions of management into my