Functions of managers contributing to organizational success
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- How does each of the four functions of managers contribute to organizational success?
- How might a manager's value system impact her/his approach to the various functions?
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Solution Summary
This solution discusses the functions of management and how it relates to organizational success.
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Manager Functions
The functions of management deal with many aspects of company operations. The four primary aspects of management consist of planning, organizing, leading, and controlling. These managerial fundamentals contribute to organizational success.
1. Planning - This is when managers create action steps to accomplish an organization's goals. Short-term objectives are established such as daily routines and weekly-timelines that are aligned to reaching business targets. Planning contributes to organizational success because managers take large goals and break them into smaller manageable parts in order to achieve them.
2. Organizing - This is when managers align their resources to the plans they created. Usually, the resources that are considered consist of labor, equipment, and budgets. Labor is the employees and their skill sets, equipment are the items the employees need to do their jobs, and budgets are the amount of ...
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