A Report on the Link Between Management Principles, Functions and Organisation Structure

Only available on StudyMode
  • Download(s) : 515
  • Published : April 17, 2013
Open Document
Text Preview
A REPORT ON THE LINK BETWEEN MANAGEMENT PRINCIPLES, FUNCTIONS AND ORGANISATION STRUCTURE

ESHUL RAYHAN
ID 103718-86

TABLE OF CONTENTS PAGE NO.
SUMMARY………………………………………………………………………………………………….3
INTRODUCTION……………………………………………………………………………………......4
FUNCTION OF PLANNING LINKING WITH MANAGEMENT PRINCIPLES
AND ORGANIZATIONAL STRUCTURE………………………………………………………….5
FUNCTION OF ORGANISING LINKING WITH MANAGEMENT PRINCIPLES
AND ORGANIZATIONAL STRUCTURE………………………………………………………….7
FUNCTION OF LEADING WITH MANAGEMENT PRINCIPLES AND
ORGANIZATIONAL STRUCTURE………………………………………………………………….8
FUNCTION OF CONTROLLING WITH MANAGEMENT PRINCIPLES AND
ORGANIZATIONAL STRUCTURE………………………………………………………………….9
CONCLUSION…………………………………………………………………………………………….10
REFERENCE LIST…………………………………………………………………………………………11

SUMMARY

The report shows the connection between the four functions of management, Planning, Organizing, Leading and Controlling with the Management Principles and Organizational Structures are designed to imply the factors for the successful operation of a business organization like Marks and Spencer. Examples has been drawn to support the ideas and put light on the scenarios in the organization.

INTRODUCTION

The motto of the following report is to identify and highlight the connection between the management principles, functions and organizational structure. Every organization has the application of these three factors as better outcomes are achieved when they are linked together and implied. The management principles affect the management functions which have a great influence on the organizational structure. This report is using ‘MARKS AND SPENCER’ as an example to show how the three affect on each other.

Management is the process of getting activities completed efficiently and effectively through other people. It includes various processes and steps which will be further discussed in the following report.

There are 14 management principles as stated by Henry Fayol ( Boddy, 2005 ). Many of them are linked with the functions of management which are, Planning, Organizing, Controlling and Leading. The report is to show the relations between the three factors of the business and how are they implied.

FUNCTION OF PLANNING LINKING WITH MANAGEMENT PRINCIPLES AND ORGANISATIONAL STRUCTURE

Planning is an essential component of management function to carry out the smooth operation of a business. It contains the property of identifying the obejectives of a business by the management team. When the plans are being made, the changes are implied immediately or according to a time span as required according to the current status of the business. For a successful planning, forecasting is very necessary for the management as it helps them to be prepared for the worst case scenarios and to earn more revenues as well. This very function management can be linked with one of the management principles as stated by a French business analyst named Henry Fayol, which is Unity of Direction. The author defines the principle as the combination of group of people who work together to achieve the same organizational goals and performs the activities in a definite synchronized system to achieve them with maximum efficiency. For example, if we look into a press release by Marks and Spencer during their AGM in 11th July 2011, it is seen that the Chairman and CEO of the company, Mr. Luc Vandevelde announced that the company is going to bring a significant change in their planning and thus a change in their organizational structure as well. He also announced the new planning strategies which will be carried out to maximize profits for the company. The plans were implied from 29th March 2001....
tracking img