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Organizing Functions Of Management Essay

1263 words - 5 pages

PAGE PAGE 6 Organizing Function of Management
Organizing Function of ManagementCarl R. FosterMGT 330December 2, 2008Linda Fisher-LewisUniversity of PhoenixOrganizing Function of ManagementThe organizing function of management is the process of defining and process of establishing the internal structure of the business. The focus is on division, coordination, control of tasks and the flow of information within the organization. The organizational resources available to a company must be utilized to the full potential available. Good managers distribute responsibility and authority to employees as they delegate duties, remembering that delegation of authority does not free the manager from accountability. An organizational chart illustrates the organizational structure by showing job titles, lines of authority and relationships between departments.Physical assetsPoor information might help explain why physical assets and property are no-shows in the strategic organizing plans of many businesses. A physical asset is capable of creating or destroying value at any stage in its life cycle, and physical asset management is about ensuring the value profile of the asset. At Unity/TBS Couriers an example of physical assets would be our drivers. This area is where customer service is on display for customers, because timeliness in most cases is critical, meaning time is money. The poor management of these assets has created something of an albatross. While the service plans were designed to attract clients, the services were not managed. The result of this poor management is evident in several customers' services being under bid for the service they receive. If management had properly reviewed the request forservice along with the cost for service analysis from the problem could have been corrected and the account would be profitable. Currently there are two solutions to the problem. The first is to customize service for the customer and second is to sell the service and modify it to meet their needs while maximizing profitability.MonetaryFinance and accounting are the departments that a manager will organize when building the frame work of monetary needs for the business. This work unit must be able to present critical information in a way that is effective, precise and understandable. The Chief Financial Officer is the manager at Unity/TBS Couriers that organizes the departments. The processing staff and office manager report the needed information to the Chief Financial Officer. The relation between processing staff and office manager at each office is a combination of duties that rely on each other to complete the total task. The office manager in this capacity is the front line to the customers and the various branches and sub-couriers. The processing staff complete the internal reports needed forthe Chief Financial Officer to maintain control and overview. As a home is completed bythe factory the office manager must inspect the home for accuracy to...

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