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Management and Globalization Processes

1) The management process consists of the following four functions; planning, organizing, leading and controlling. Use an example of each of these in your workplace. You may refer to yourself or a manager in your office.

2) The business world of today is constantly and rapidly changing; identify examples in your experience demonstrating how one of the following factors currently influences managers: globalization, rapid change, innovation, diversity, corporate ethics and values.

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1) The management process consists of the following four functions; planning, organizing, leading and controlling. Use an example of each of these in your workplace. You may refer to yourself or a manager in your office.

I am manager in a brokerage firm which provides equity broking and wealth management services to high net worth individuals.

Planning: Planning is the most important function at my workplace in the sense that we need to devise plans in advance for various critical function for my division, ie, plans to acquire new clients, exploring new territories for business development, plans to provide maximum return on the investments of existing plan, plans to enhance the customer service, etc.

Planning provides us a sense of direction in our business development efforts. With the help of effective plans, I can guide my sales team to achieve better results. I can also provide the best possible customer service to my existing clients with proper planning. Planning also helps in mitigating risks during tough times, when markets are not performing that well and investors are generally shy of making new ...

Solution Summary

The management process consists of the following four functions; planning, organizing, leading and controlling. Use an example of each of these in your workplace. You may refer to yourself or a manager in your office.

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