Tuesday, April 6, 2010

KnowledgeCity’s Management Tutorial: The Four Functions of Management

Veteran and novice managers, look no further than KnowledgeCity for core infrastructure management tutorials on key issues facing today’s business administrations large and small. Our business management tutorials cover: management theories, finding and developing leaders, measurement and improvement on customer and employee relations, hiring and training employees, developing workplace teams and so much more.

One of the business management tutorials that KnowledgeCity offers business administrations is the Four Functions of Management. Through these business management training tutorials, administrators will learn the four core functions of business management:

Plan: The first stage to any administration team is evaluating and planning the business’s strengths, weaknesses, opportunities, and threats. Planning is the core function of management concept to attain the goals and objectives put forth by the company.

Organization: The determination of the internal structure, relationship establishment, and all allocation of resources would be set in the second concept of management, which is organization. The formation of the infrastructure is needed to carry out the plans implemented in order to direct the business in the desired course.

Direct: After all the internal organization have been set, management should then be able to oversee and give direction to the staff’s behavior, activities, and production that would ultimately affect the company’s objective. Because all staff members should perform at their maximum capacities, management needs to provide directions well.

Control: The business management team must be able to control the production and the direction of the company at large, whether if it’s doing well or not. By overseeing the actual performance of the entire company and staff, the management team can decide what plans and rules need to be changed in order to reach its goal.

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