Management Process

Executive Summary The purpose of an executive summary is to summarize a report. Executive summaries are written for executives who most likely do not have time to read the complete document. Therefore, the executive summary must cover the major points and be detailed enough to mirror the content yet concise enough for an executive to understand the substance without reading the entire report. An executive summary differs from an abstract. Readers use an abstract to decide whether to read the complete document. They read an executive summary to obtain information without having to read the report in full. The executive summary should be written as a document that can stand on its own and is usually written on one or two pages, depending on

The primary functions of the management process consist of planning and strategizing, organizing, leading and controlling. The planning process helps

Planning and Organizing: Christina will continue to effectively plan her assigned tasks to balance peak and/or slack time to meet the unit's strategic goals, as well as continue to maintain an orderly and well organized workspace.

Discuss two types of planning that organizations use to assist in the achievement of goals.

The four functions of a manager are planning, organizing, leading, and controlling. These are key elements that managers must understand to run a successful organization. I will view each concept as well as their roles to acknowledge how these functions have been related to my personal experience in the work environment. Behind the scenes of a manager, they spend an equal amount of time planning so that he or she can successfully achieve the leading and controlling functions. These functions are standard for any industry that is striving to maintain a strong organization. While reviewing this paper, try to think of the four functions as a method that is established to build on each other. The four functions must be performed efficiently, and when done correctly, an organization will reap the accomplishments from a well-defined plan. My own experiences of how the four functions operate illustrates that each role requires a manager to devote time and patience in order to ensure that the main principles are achieved.

Management is the activity of getting things done with the aid of people and other resources (Boddy, 2010). Stewart (1967, cited in Boddy, 2010) defines management as the activity of getting things done with the aid of people and other resources. Management is the process of things done, effectively and efficiently, with and through other people (Stephen et al, 2013). According to Stephen (2013) there are four function of management, this include planning, organising, leading and controlling. All these four are used to achieve the organisation stated purpose.

There are four functions of management: planning, organizing, leading and controlling. The four basic principles of management found in all businesses and corporations. Management is a process designed to achieve an organization's objectives by using its resources effectively and efficiently in a changing environment.

The four task of management is: planning, organizing, leading and controlling. Think about the four tasks as a process as each step builds on the other. The set of cone activities that defines the role of manager in a business environment. The four functions of management include planning, or deciding upon business goals and the methods to achieve them; organizing or determining the allocation of people and resources; directing, or motivating, instructing and supervising workers assigned to the activity; and control, or analyzing metrics during business activities to impure completion of tasks and identify areas for improvement. (businessdictonary.com) Decide upon the goals that you would like to accomplish when starting your business putting a plan in motion in to get started, planning come first, you have to plan before you can do anything in management. If you don’t plan you can’t achieve what you have in mind. If you are in a management position, you need organization to organize and put things in motion; if there’s no organizing there can be no success.

     The four functions of management are planning, organizing, leading, and controlling. All four of these functions of management are used through out each and every type of business out there in the world.

Read the following story and find more info on Haidilao. Please think and reason why the company has been so far so successful? How do you comment the employer-employee relationship in Haidilao? Why the employees are satisfied with their jobs? What are the intrinsic incentives?

Akio Toyoda President Toyota Motor Corporation 1. Thank you for taking the time to be with us here today. I will take this opportunity to describe for you our newly drafted Toyota Global Vision. 2. The word “vision” conjures notions of quantitative targets for things like sales and operating income in some sort of time frame. What we have prepared is a vision of a different kind. We have sketched the outlines of the kind of company that we want to be. We have identified the values that we want to cherish. Our vision is thus a qualitative rendering of our ideal for Toyota and of the path that we will take toward bringing about that ideal. The executives responsible for our regional operations will determine the

If it is done efficiently, one can reduce much the necessary effort and time of achieving the goal. Plans are similar to maps. When a plan is followed, one possibly can always observe how much one has progressed towards the goal and what’s left to reach the destination. Also a person should know where they stand. This helps in making good decisions. Another important thing I grasped from the group work was the 80/20 rule. It indicates that 80 percent of one 's respective outcomes originate from 20 percent of one 's respective inputs. The second management function is organizing. Organizing means relationship between persons, work and resources used to achieve the common goals. The principle purpose connected with being organized is to establish successful lines connected with responsibility along with authority designed. Leading is the third management function. Leading involves the actual social as well as informal types of influence that can be used to be able to inspire activity taken by others. If managers are competent leaders, their subordinates are going to be enthusiastic in relation to exerting effort to get organizational goals. A lot of contributions have been made understanding this specific function of management. Controlling is the fourth and the final of the management functions. It involves building standards to help measure functionality, measuring actual performance, comparing performance and taking

The management functions of planning is a crucial function of management as it is setting goals for specific results and determining how to achieve those results Satterlee (2013). There are many aspects that impact planning within an organization such as it gives organization direction; decreases uncertainty; ensures progress toward a goal; allows organization to take corrective actions if progress is not in alignment with the goal; failing to plan is planning to fail. The basic planning process determines how to achieve the company objectives as managers take the objectives and work backward by preparing a strategy and how to implement that particular goal. According to Satterlee (2013) there are six formal steps that should be taken: 1) situational analysis, 2) generation of alternative goals and plans, 3) evaluation of goals and plans, 4) selection of goals and plan, 5) implementation of the chosen goals and plans, and 6) monitoring and controlling of the goals and plans.

As stated above, BGC is done after a resource is hired. Now an unverified resource is there in the company which directly alarms security issues if that resource is found to be fraud or have a criminal background. Several problems hits when a BGC is done after hiring, some of which are:

QUES. 1- Sanjeev Kapoor is an expert in making bakery and confectionary products with loads of talent and encouragement from everyone. He wants to go in for his own bakery and confectionary venture. But he doesn’t have much by the way of money and infrastructure. He knows of some and friends, who might be willing to associate with him to provide necessary funds and infrastructure. What sort of business organization should he go and why?