The new chief executive officer (CEO) of your company is a strong believer in the four functions of management theory. In preparation for a management meeting, he has asked you to write a report that he can use to explain the theory to his management team. In the report, he would like to see some specific examples of firms that practiced these four functions. For a company with which you are familiar, use each of the four functions to do the following:
Assess how the overall management team performed in terms of the four functions of management, which are as follows:
Identify and explain the strong points of the managers.
Identify and explain areas in which improvement is needed.
If you do not have any firsthand experiences, ask friends or colleagues for anecdotes or search the Web for specific, real-life examples.
Specifically regarding the controlling function of management, answer the following questions:
How did most employees feel about the monitoring of activities that managers put in place to monitor employee performance and overall company performance?
How well was the need for controls and monitoring explained to everyone before the controls were put in place?
Did the controls have a meaningful impact on the overall department or company performance? Cite some specific examples.
Reference all sources in APA style.© BrainMass Inc. brainmass.com June 4, 2020, 1:47 am ad1c9bdddf
The Four Functions of Management
In order to discuss the four functions of management, Zappos is the perfect example of an organization that makes good use of these functions. The four functions of management are Planning, Organizing, Leading, and Controlling. Tony Hsieh handles the management challenges of the organization called Zappos.
First Function of Management - Planning
The planning phase is the foundation of all other areas of management. At this stage, the company should be looking at where they are and where they want to go. With the leadership of Tony Hsieh, Zappos definitely knows what direction it needs to take. Not only is Zappos regarded as one of the best of 100 companies to work for, but it is one of the most satisfying places to work for. Tony Hsieh has the SWOT plan in place and he believes that customer service is the top priority along with making the employees happy.
Second Function of Management - Organizing
The organizing phase is where the company needs to gather all the information of the divisions in the ...