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is the art and science of working with and through people to make them work together toward the desired goals and objectives of the organization. It is not an exaggeration to say that the science of management is what makes the world go ‘round – it makes things happen and function more efficiently. Without management, governments and businesses will be in constant chaos.

Being such an all-encompassing science, management has a myriad number of functions. Different authors of books, magazines other publications understandably have different ways of looking at what the functions of management are. However, if we sort through the chaff and grain, it all boils down to four main functions: planning, organizing, controlling and supervising. Anything else, such as monitoring, directing, designing, etc., will easily fall under any of these f our main functions.

Planning. In anything that needs to be done, this is always the first part. There’s an adage that applies here: “Failing to plan is planning to fail.” Or as T. Boone Pickens, the great industrialist, says, “A fool with a plan will outsmart a genius without a plan.” Planning is the stage where the manager determines the vision of the organization and sets the goals, objectives and strategies towards reaching them.

Organizing. This mainly concerns putting together the different activities needed to attain the objectives and staffing people to perform them. As environmental conditions affecting the organization’s pursuit of its goals and objectives are constantly changing, the organizing process will be in constant flux to adjust to the changes.

Controlling. During the planning stage, standards are set such as budgets, sales quotas, production quantities and qualities, production costs and similar things. It is an important function of management to control the processes in order that the standards are met satisfactorily.

Supervising. Among all the four major functions of management, supervising takes up the most time of a manager. This consists of, among others, motivating and inspiring staff, coordinating their activities, instructing, training, guiding and giving counsel.

 


Kentucky to have Health Exchange if Supreme Court Approves Obamacare

Posted by Tracy Mc Manamon

Kentucky plans to set up a health benefit exchange if the Supreme Court approves the health care law. The exchange will allow individuals and employers to compare coverage and costs, and purchase affordable Kentucky health insurance online.

Health Insurance in Ohio - Many Challenges Ahead

Posted by Tracy Mc Manamon

There could be a lot of confusion ahead for businesses as well as individuals when shopping for health insurance in Ohio. This article takes a look at some of these issues.

Bad Credit Loans - Affordable Borrowing Options For Victims Of Recession

Posted by Lara Sawyer

As recession caused many people to experience declines in credit scores and banks to limit their lending activities, it seemed impossible to get loans with bad credit. However, it is feasible today through a network of bad credit lenders.

Subprime Automotive Lending: How Bad Credit Auto Loans Work

Posted by Lara Sawyer

People with bad credit often wonder how they may get approved by an online lender. Online auto lenders operate very differently from traditional banks, allowing auto loan approvals even with serious credit problems.

Unsecured Loans - Money For Any Purpose With No Questions Asked

Posted by Lara Sawyer

Unsecured loans have been the most attractive lending product for years, as they allow funding virtually anything a borrower may see fit. With evolving number of lenders, unsecured loans are widely available to people with all credit grades.

Car Shopping With Bad Credit: Little Tricks That Save Money

Posted by Lara Sawyer

Bad credit consumers jump on any offer from a local dealer, once they find out they are approved for a loan. It is a huge mistake, as online auto lenders may offer you better terms on bad credit auto loans.

Personal Grants: A Free Tool To Your Financial Well-Being

Posted by Lara Sawyer

Most people struggle financially to cover their life expenses, going deeper and deeper in debt. Grant programs, sponsored by the government, are available to all people in need, offering financial help with no need for repayment.

Easy Personal Loans For Bad Credit: Two Great Ways To Convince Lenders To Give You Money

Posted by Lara Sawyer

Bad credit borrowers are often hopeless to obtain a personal loan. Very few know that their credit score is not the only decisive factors and getting a personal loan is possible with the right approach and some inside knowledge.

Approved Unsecured Personal Loans: Online Lenders Welcome Bad Credit Borrowers

Posted by Lara Sawyer

Bad credit borrowers give up on their hopes of getting loans, just because they have been rejected before. Getting approved is not a matter of how bad your credit is, but finding a right lender to service your needs.

Chase Loan Modification - A Secret to Hassle-Free Application Processing

Posted by Lara Sawyer

Many people get annoyed with Chase when it comes to loan modification, as they feel like they are getting nowhere. An understanding of how things work at Chase may help you take some shortcuts on your way to loan modification.

Fund Your Needs Today With Online Bad Credit Loan

Posted by Lara Sawyer

Lenders shift their activities towards bad credit borrowers aiming to earn higher profits. While bad credit loans have higher borrowing costs, they are easily available online to people in financial need, offering cash when it is needed most.

Horrible Credit With Loan Opportunities In Sight

Posted by Lara Sawyer

Many think that really bad credit means the end of any borrowing activities in the foreseeable future. While this may be true with banks, some online lenders would gladly finance consumers with horrible credit scores, provided some simple criteria are met

Effective Tips On Getting An Unsecured Loan Up to $20,000

Posted by Lara Sawyer

Unsecured lending, being one of the best ways to get money for virtually any use, is within a few clicks of a mouse. With loan amounts up to $20,000 and multiple lenders competing for your business getting a signature loan is feasible.

Used RV Loans Approval And The Issues To Address

Posted by Lara Sawyer

Want to buy an rv? Read this article to learn important information.

Online Mortgage Refinance, Achieve The Best Results

Posted by Lara Sawyer

Online refinance is the best way to go. Find out in this article how to refinance your mortgage loan online.

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