Leading Function Of Management Essay

Organizing Functions Of Management Essay

PAGE PAGE 6 Organizing Function of Management


Organizing Function of Management

Carl R. Foster

MGT 330

December 2, 2008

Linda Fisher-Lewis

University of Phoenix

Organizing Function of Management

The organizing function of management is the process of defining and process of establishing the internal structure of the business. The focus is on division, coordination, control of tasks and the flow of information within the organization. The organizational resources available to a company must be utilized to the full potential available. Good managers distribute responsibility and authority to employees as they delegate duties, remembering that delegation of authority does not free the manager from accountability. An organizational chart illustrates the organizational structure by showing job titles, lines of authority and relationships between departments.

Physical assets

Poor information might help explain why physical assets and property are no-shows in the strategic organizing plans of many businesses. A physical asset is capable of creating or destroying value at any stage in its life cycle, and physical asset management is about ensuring the value profile of the asset. At Unity/TBS Couriers an example of physical assets would be our drivers. This area is where customer service is on display for customers, because timeliness in most cases is critical, meaning time is money. The poor management of these assets has created something of an albatross. While the service plans were designed to attract clients, the services were not managed. The result of this poor management is evident in several customers' services being under bid for the service they receive. If management had properly reviewed the request for

service along with the cost for service analysis from the problem could have been corrected and the account would be profitable. Currently there are two solutions to the problem. The first is to customize service for the customer and second is to sell the service and modify it to meet their needs while maximizing profitability.

Monetary

Finance and accounting are the departments that a manager will organize when building the frame work of monetary needs for the business. This work unit must be able to present critical information in a way that is effective, precise and understandable. The Chief Financial Officer is the manager at Unity/TBS Couriers that organizes the departments. The processing staff and office manager report the needed information to the Chief Financial Officer. The relation between processing staff and office manager at...

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Functions Of Management Essay example

1595 Words7 Pages

Management exists since the existence of management of the human beings. Human worked with each other in collaboration, so working in with the feeling of co-operation started from there. They divided their work and thus started division of work which saved lot of time. Management is nothing but an act of managing something. Management (from old French management “the art of conducting, directing”, from Latin Manu agere “to lead by the hand”) characteristics the process of leading and directing all or part of an organization.
The process of getting activities completed efficiently with and through other people. The process of setting and achieving goals through the execution of five basic management functions.
• Planning
• Organizing
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Physicians without the advantage of science would be little more than witch doctors. Executives who attempt to manage without management science must trust to luck, intuition and past experience.
In managing as in any other field, unless practitioners are to learn by trial and error and it has been said that mangers’ errors are their sub-ordinates’ trials there is no place they can turn for meaningful guidance other than the accumulated knowledge underlying their practice.

THE DISTINCTION BETWEEN ORGANIZATION, ADMINISTRATION AND MANAGEMENT
The distinction between the terms administration, organization and management can be clearly seen in the definition and meaning of each of them.

ADMINISTRATION:
“The universal process of efficiently organizing people and directing their activities towards common goals and objectives”. Administration is always a headquarters’ function. The word administration comes the Latin word, administrate, meaning to serve. The administration of a business is entrusted to a board of directors which is the governing body. The board may be known collectively as ‘the administration’ of the business. They are responsible for planning and controlling all business operations to achieve defined objectives.

MANAGEMENT:
The process of getting activities completed efficiently with and through other people. The process of setting and achieving goals through the

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