Principles of Management - Planning

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wqfgvyy1987

Business Finance

Description

For this assignment:

  1. Compare the application of each of the four functions of management in terms of how it might be different 25 years ago, based on the evolution of management theory.
  2. Select a manager and assess his or her planning strengths based on assigned reading concepts/theory. Research can also be supplemented from (but not solely based on) other information from academically credible resources.
  3. Assess that same manager’s planning weaknesses using the assigned reading concepts/theory. Research can also be supplemented from (but not solely based on) other information from academically credible resources.
  4. Defend two or three recommendations for improving the manager’s performance in the functional area of planning based on the assessment of both strengths and weaknesses and the use of academically credible sources.

Submission Details:

  • Based on your research, write succinct discussions of each of these items.
  • Present your work as a 2–3-page report in a Microsoft Word document formatted in APA style.
  • Support your responses with examples and research. Cite any sources in APA format.

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Running head: PRINCIPLES OF MANAGEMENT-PLANNING

Principles of Management-Planning
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PRINCIPLES OF MANAGEMENT-PLANNING

1

Principles of Management-Planning
In any business enterprise, management consists of four key components which include
outlining plans for the future and organizing resources to meet those plans appropriately. Also,
developing systems that offer information concerning the progress of the company and its goals
(controlling), as well as the proper motivation of other employees in the team (John, 2002).
These components have experienced significant changes over the past years and evolved into the
present form. That is because, after the industrial revolution, several managers saw the need of
not only planning for the future, organizing resources, setting of systems to obtain feedback, but
also the necessity of motivating employees....


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