The Functions of Managers Essay -- Business Management Studies

The Functions of ManagersGood instruction and leadership be critical for organisations tofunction and too for the organisations to thrive. When organisationsare well managed just like Barclay, they can operate in effect andthey can operate efficiently. Managers turn out very good and clear plans,mangers pay back organised structures, systems, and they also evaluateresults. When organisations are well led, they adapt to changes in theenvironment and develop cultures that inspire commitment andinnovation. Both good management and good leadership are necessary tosustain organisational performance.Mangers are creditworthy for getting work done usually through other peck the term manger may also refer to a routine of different peoplewithin a business. Some job titles accommodate the word four-in-hand, such as apersonal manger or managing director. Other jobholders may also bemangers even through on that point titles do not say it.- Mangers act on behalf of the owners in a compa ny, senior management are accountable shareholders- Mangers set objectives for the organisation, for poser, they may see that a long-term objective is to have a greater securities industry share than all of the companys competitors.- Managers make sure that a business achieves its objectives, by managing others.- Managers ensure that cooperate hold dears which means the value of the organisation are maintained in dealings with other business, customers, employees and global public.When an organisation is managed well mangers effectively perform fouressential management functions Henry Fayol the French managementtheorist listed a number of functions or elements of management theseare- readiness- Organising- Commanding- Coordinating- ControllingPlanningThis involves mangers setting objectives and also the strategies,policies, programmes and procedures for achieving them. Planning mightbe done by seam mangers who will be responsible for performance.However advice on suppl ying may also come from staff management whomight have expertise in that are even if they have no line authority.For example, a production may carry out human resort hotel planning in theproduction department, but use the skills of the personal manager inplanning recruitment for vacancies that may arise. In general,planning involves shaping organis... ... a range of departments for examplethe finance department they will superintend there budget and performance.The process by which person group or organisation consciously monitoring devicesperformance and takes corrective meet this is called controlling,another example would be that Barclays finance department will becontrolling and observe customers transactions, etc, etc and theywill keep a history and they will keep a record file of that customer.Management control system sends signal to managers that things are notworking out as planned and that corrective action is needed.- Barclays bank monitor and measure what is being archived in each of their department.- Barclays control, monitor there sales performance.- Barclays control and monitor their cash flow against their budget. windAfter management has made plans, created a structure of work practice,and hired the right personal, someone must lead the organisation,leading involves communicating with and cause others to performthe tasks necessary to achieve the organisations goals. Leading is notdone simply after planning and organising end, it is a crucial elementof these functions.