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Organizational functions of management

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1. Explain the essential roles of the four functions of management.
Planning, Organizing, Leading and Controlling.

2. Describe the various evolution of management theory

a. Industrial evolution
b. Scientific management
c. Administrative management
d. Behavioral management

3. Why are managers essential in every organization?

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Solution Summary

This posting discusses organizational functions and the role of managers.

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!. The role of planning in management is to set objectives and delineate a roadmap for achieving these objectives. Planning assigns responsibilities to individuals. Moreover, planning sets the budget as well as sets the timeline for each objective. Planning also helps to monitor the progress of the organization toward achieving its objectives and helps correct its path towards the achievement of its objectives (a). For example, if a company wants to earn a revenue of $260 million, then it sets an objective of $260 million and develops a plan to achieve the revenue target.
The role of organizing in management is to develop an organizational structure by the organizational goals and strategy and allocating personnel so that the objectives of the organization are achieved. For example, if a company wants to achieve a revenue objective of $260 million, then the company creates a hierarchy and teams that will enable the company to achieve its objective.

The role of leading is to manage people. The role of leading is to deploy people, affect their behavior, and motivate them to achieve organizational goals (b). The role of leading is to marshal people, groups, and teams such that they achieve organizational goals. If we continue with the example of a company seeking to achieve a revenue target of $260 million, the firm leads its people by influencing their behavior ...

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