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MGT 330 Week 1 Functions of Management Paper

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Management, Page 1
Management Strategies
The Four Functions of Management
Effective and efficient managers are one of the keys to a successful business organization.
Management on any level embodies several components and processes, yet these sometimes complicated
tasks can be summarized by describing the four functions of management.
The first and arguably most important step is the planning stage. Planning establishes a
foundation for the other functions, and provides an outlook on potential challenges. This stage focuses on
setting goals, realizing appropriate actions to reach these goals, and identifying internal and external
factors which may impede upon such goals.
Considering how important planning is for success, my previous organization’s management team
could have utilized this function more effectively. The management team directly above me was tasked
with implementing continuous improvement initiatives in order to improve the quality of work and reduce
waste. A vision was established which cited the scope of the project along with long term goals, but short
term projects to achieve these goals were handled incorrectly. I believe that the effort required to achieve
long term goals was underestimated, and the internal factors that undermined the project could have been
indentified in a more thorough planning stage.
The second function of management is organizing. One important aspect of organizing is making
sure employees have appropriate resources to carry forward what was established during the planning
function. This could refer to physical tools to perform labor, or perhaps a database of necessary
information made available to business associates. A second part of organizing is delegation. “Delegation
is distribution of authority. Delegation frees the manager from the tyranny of urgency. Delegation frees

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