The Functional Cycle of Management

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subject
Analyzing
Planning
Organizing
Leading
object
principles
criteria
goals
jobs
methods
results
accounting
Controlling

The desired state of the enterprise

The initial state of enterprise

coordination
regulation

subject
Analyzing
Planning
Organizing
Leading
object
principles
criteria
goals
jobs
methods
results
accounting
Controlling

The desired state of the enterprise

The initial state of enterprise

coordination
regulation

Planning is the function of management that involves setting objectives and determining a course of action for achieving these objectives. Planning requires that managers be aware of environmental conditions facing their organization and forecast future conditions. It also requires that managers be good decision-makers. They must then formulate necessary steps and ensure effective implementation of plans. Finally, planners must constantly evaluate the success of their plans and take corrective action when necessary. There are many different types of plans and planning: STRATEGIC PLANNING, TACTICAL PLANNING, OPERATIONAL PLANNING.

Organizing is the function of management that involves developing an organizational structure and allocating human resources to ensure the accomplishment of objectives. Organizing also involves the design of individual jobs within the organization. Decisions must be made about the duties and responsibilities of individual jobs. Organizing at the level of job involves how best to design individual jobs to most effectively use human resources.

Leading involves influencing others toward the attainment of organizational objectives. Effective leading requires the manager to motivate subordinates, communicate effectively, and effectively use power. If managers are effective leaders, their subordinates will be enthusiastic about exerting effort toward the attainment of organizational objectives. To become effective at leading, managers must first understand their...
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