Friday, May 31, 2019

The Functions of Managers Essay -- Business Management Studies

The Functions of ManagersGood guidance and leadership be critical for arrangings tofunction and also for the organisations to thrive. When organisationsare strong managed just like Barclay, they can operate effectively andthey can operate efficiently. Managers have very good and clear plans,troughs have organised structures, systems, and they also respectresults. When organisations are well led, they adapt to changes in theenvironment and develop cultures that inspire commitment andinnovation. Both good forethought and good leadership are obligatory tosustain organisational performance.Mangers are responsible for getting work done usually through otherpeople the term manger may also advert to a number of different peoplewithin a business. Some job titles include the word manager, such as apersonal manger or managing director. Other jobholders may also bemangers even through there titles do not say it.- Mangers act on behalf of the owners in a company, senior management are accountable packetholders- Mangers set objectives for the organisation, for example, they may decide that a long-term objective is to have a greater market share than all of the companys competitors.- Managers make sure that a business achieves its objectives, by managing others.- Managers ensure that cooperate values which means the value of the organisation are maintained in dealings with other business, customers, employees and general 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- Planning- Organising- Commanding- Coordinating- ControllingPlanningThis involves mangers setting objectives and also the strategies,policies, programmes and procedures for achieving them. Planning mightinessbe done by line mangers who will be responsible for performance.However advice on planning 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 turn up homo recourse planning in theproduction department, but use the skills of the personal manager inplanning recruitment for vacancies that may arise. In general,planning involves define organis... ... a range of departments for examplethe finance department they will reminder there budget and performance.The process by which person group or organisation consciously monitorsperformance and takes corrective action this is called controlling,another example would be that Barclays finance department will becontrolling and monitoring customers transactions, etc, etc and theywill come on 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.- Barclay s control, monitor there sales performance.- Barclays control and monitor their cash flow against their budget.LeadingAfter management has made plans, created a structure of work practice,and hired the right personal, someone must lead the organisation, lead story involves communicating with and motivating others to performthe tasks necessary to achieve the organisations goals. Leading is notdone only after planning and organising end, it is a crucial elementof these functions.

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