Main Functions Of Management
Planning
Organising
Leading
Controlling
It is stated the as the most important role of management as it defines the future of a business
"The most important function of management"
Gives the organization a sense of security
Involves analyzing the current state of a business, and then creating applicable goals for the business to achieve
It creates togetherness, flexibility, , sustainability and productivity
Long-term and short-term goals are created
Involves organizing employees so they can co-operate efficiently
Involves managers utilizing the resources available to them in the most effective way possible
Managers also organize structures within the business in terms of authority
Managers also include delegation, and employee empowerment, these are vital for staff morale
Ensures the business is operating efficiently on a day-to-day basis
The ability to influence or control other's actions
Leading involves managers creating and displaying a clear identity for the organization and motivating employees to operate at a high productivity level
Vital for recruiting and retaining high-quality staff
Gives employees a sense of direction
Involves assessing how an organization is performing, and then using available resources to help improve or maintain performance
Ensures business operates smoothly and minimizes errors
Helps a business reduce its risk of failures
Makes sure all parts of a business are operating effectively and at their full capabilities