Organization Function of Management - 1609 Words

Organizing Function of Management University of Phoenix MGT 330 - Peggy Terrasi Learning Team C Team Members: John Champagne, Malka Feast, Jason Fruge, David Rampolla, Tom Tumminelli, Derrell Beck, Vinton Morgan Organizing Function of Management The four functions of management: planning, organizing, controlling and performing are all crucial to managers and corporations across the world. After the planning function of management from the top executives down to all management staff, organizing the resources of the organization is a key element to provide the necessary action into place. Specifically, organizing physical assets, human resources, knowledge management, and technology are key elements to organize. Physical assets are†¦show more content†¦From an information technology standpoint, advantages available are the ability to communicate with the customers in real time for self service, the ability to pull up information from different servers and databases and the introduction of a process to produce and support paperless electronic transmissions for various transactions. Alternatives that may be provided for the human resources division include hiring a third party or consultant that will aid in lowering co sts, staying current with practices and the justification of highly specialized field expert employees whom services are necessary to the survival of the organization. Knowledge Management Knowledge management is set of practices aimed at discovering and harnessing an organization s intellectual resources-fully use the intellects of the organization s people. Knowledge management is about finding, unlocking, sharing, and altogether capitalizing on the most precious resources of an organization: people s expertise, skills, wisdom, and relationships (Bateman, 2009). Knowledge management allows more employees to be involved in the decision making process of the company. In the roofing and sheet metal industry knowledge management is very important in the success of the organization. An employee s experience in theShow MoreRelatedFunctions Of Management Within An Organization1433 Words   |  6 PagesManagement within an organization have many elements to oversee from the creation of products, marketing plans, and the implementation of the plans to having the ability to forecast changes within and external changes within the market that may financially impact the company. When changes arise the company use change management tools to ease the transition into the procedures, plans, and protocols that have been chosen to improve the companies’ position within the marketplace. In the following pagesRead MoreThe Functions Of Management Within A Healthcare Organization1285 Words   |  6 PagesTools of Control The functions of management in a healthcare organization include planning, budgeting, monthly reports, action plan, reporting adverse actions or reworking process failures. Functions that are used in other industries can be difficult to adapt and incorporate into a healthcare facility. The healthcare industry is not the same as other industries and harder to determine the actual costs associated with healthcare. It is very unique to the patient and how they respondRead MoreHuman Resource Management Is The Function Within An Organization Essay1559 Words   |  7 PagesHuman resource management is the function within an organization that focuses on recruitment of, management of, and providing direction for the people who work in the organization. Human Resource Management can also be performed by line managers. Human resource management refers to the application of management principles to management of people in an organization. Human resource management comprises of the following: - †¢ Human resource management consists of people-related functions as hiring, trainingRead MoreThe Supply Chain Management Function Of A Canadian Multinational Organization755 Words   |  4 Pagesfocuses on outcomes besides profits (e.g., ethical actions, social responsibility, environmental impact, and sustainability) and so on (e.g., Burke Cooper, 2004). For example, based on my own experience in the Supply Chain Management function of a Canadian multinational organization, while facing uncertain or unclear factors such as outsourced product and service quality, labour costs, currency exchange rates and so forth, we are now dealing with an increasing number of multi-channels with customersRead MoreMgt 330 Functions of Management Essay1046 Words   |  5 PagesFour Functions of Management Tayshia Forrest MGT 330 May 15, 2011 Didier S.D. Opotowsky University of Phoenix Abstract: The objective of this paper is to explain and define the four functions of management, which are planning, organizing, leading, and controlling. The paper will also explain how these four functions are incorporated in the fast food franchise of Hardees and Carl Jr. restaurants. Discussed are different ways the restaurant managers practice these functions for their employeesRead MoreFunctions Of Management : Planning, Directing And Controlling Essay933 Words   |  4 Pagesfour major functions of management in order to succeed. The success of any business organization depends on how well these functions are applied. These management functions make it possible for a business to handle its business strategy, tactical and operational decisions in a more efficient and effective manner. The aim of this paper is to discuss the four main functions of management: Planning, Organizing, Directing and controlling. a. Planning - This is the first management function and it isRead MoreClassical Management Function1493 Words   |  6 Pagesâ€Å"In everyday language usage, management refers to the people in organizations who manage, and to the activities they perform.† (Fulop, Frith, Hayward 1992 p. 187) To be more specific, management is the process of organizing work activities with and through people to ensure the activities are completed efficiently and effectively (Robbins, Bergman, Stagg, Coulter 2006, p. 9). Through management, the goals of the organization or business are to be achieved. Henri Fayol, one of the most influentialRead MoreHuman Resource Strategy : A Review992 Words   |  4 PagesHuman Resource Management (SHRM) can be defined as the linking of human resources with strategic goals and objectives in order to improve business performance and develop organizational culture that fosters innovation, flexibility and competitive advantages. It is an approach to the develo pment and implementation of Human Resource (HR) strategies that are integrated with business strategies and enable the organization to achieve its goals (Armstrong, 2000). For most organizations, HR is responsibleRead MoreFunctions And Functions Of Management1113 Words   |  5 Pagesprimary functions involving management, which are considered the very life line and it’s existent. These four functions are instrumental and detrimental to the success and longevity of any company. Without these vital staples, a company is doomed before it is birth, and they are planning, organizing, leading and controlling. However, there is another essential component to the functions of management, and it is the important of diversity. In this paper I will identify the detailed function of theseRead More Henry Fayols Organizational and Management Theory Essay1693 Words   |  7 Pagespractice of management. Some of these theorists include: Henry Fayol; and Mintzberg among others. Henry Fayol is believed to be the first scholar to develop the management theory. Other scholars developed their theories based on the weakness of Henry Fayol’s theory of management (Thomson 2004). Henry Fayol is a scholar of French national and was born in 1841. The scholar Fayol was born at the cusp of French’s industrial revolution. Fayol mainly developed theories on management and organization of labor