Functions of Management

Functions of Management Any company regardless of size, location or industry, to be successful needs to pay back common goals. To reach these goals, iv management executes must be put in place. every last(predicate)(a) of these functions atomic number 18 found in successful companies, as they are necessities to building a strong foundation. These functions are envisionning, organizing, directing, and controlling. Planning is the first function in this process. All companies need to start with a plan before moving forward. Planning consists of an internal go over of where the company is at and in which it wants to go. Once the company has amaze this goal of where it wants to go, the appropriate steps to see these results are indite out as objectives. Planning is something that never has an end. As time goes by and goals are met, new goals are set that in turn require new plans. On the other end, if a goal is deemed to be unattainable, either a new plan needs to be put in place or a new goal needs to be set that is more reachable. An example of this is easily seen in my previous path of work. As executive assistant to the General Manager, a duty I had was to assist in annual strategic planning.

This happened almost six months through our fiscal year in which we examine where the hotel was at in each department (executive, catering, sales, revenue management, engineering, culinary, calculate office, human resources and accounting). Each Executive Operating Committee subdivision was responsible for sending me their plans on how they were going to achieve attached fiscal years goals. Aside from this part of our planning, there was likewise a second part in which we assembled SWOT spreadsheets (Strength, Weakness, Opportunity, Threats) for all of our outlets and compared them to other similar local venues to see how we stood. The next function after planning is organizing. A strong management group must organize all its assets prior to giving the go ahead on its plan. When management is... If you want to get a full essay, order it on our website: Orderessay

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