Managerial Functions

Topics: Management, Organization, Strategic management Pages: 10 (2744 words) Published: August 24, 2013
1.0 INTRODUCTION………………..................................................................................2 2.0 MANAGERS…………………………………………………………………………..2 2.1 Top Level Managers……………………………………………………………2 2.2 Middle level Managers…………………………………………………………2 2.3 Low level Managers or first-line Managers……………………………………3 3.0 MANAGERIAL FUNCTIONS……………………………………………………….3 3.1 Planning………………………………………………………………………..4 3.2 Organising………………………………………………………………………4 3.3 Leading or Directing……………………………………………………………5 3.4 Controlling……………………………………………………………………..6 3.5 Staffing…………………………………………………………………………6 4.0 MODERN MANAGEMENT FUNCTIONS………………………………………….7 5.0 BENEFITS OF EFFECTIVE MANAGEMENT………………………………………7 5.1 Clear Vision…………………………………………………………………….7 5.2 Coordination……………………………………………………………………7 5.3 Organisational Order……………………………………………………………7 5.4 Provides Alternative Action……………………………………………………8 5.5 Proper Resource Management…........................................................................8 5.6 Right Work Force………………………………………………………………8 5.7 Hierarchy of Authority…………………………………………………………8 6.0 DANGERS OF INEFFECTIVE MANAGEMENT ………………………………….9 6.1 Confusion………………………………………………………………………9 6.2 Stress of Employees……………………………………………………………9 6.3 Unmotivated Employees………………………………………………………9 6.4 Misuse of Valuable resources………………………………………………….9 6.5 Miscommunication…………………………………………………………….10 6.6 Company Loses…………………………………………………………………10 6.7 Poor Quality Products …………………………………………………………10 7.0 MANAGERIAL FUNCTIONS IN ZAMBIAN FIRMS…………………………….10 CONCLUSION……………………………………………………………………………11 BIBLIOGRAPY……………………………………………………………………………12

1.0 INTRODUCTION

In this paper we are looking at managers and the important work that they do. We also look at the importance of managerial functions in improving the quality of work for the employees and organisations. We will also look at the benefits or dangers of performing these functions effectively or ineffectively.

2.0 MANAGERS

The term ‘Manager’is defined as “somebody who is responsible for directing and controlling the work and staff of a business, or of a department within it” (Encarta Dictionary 2009). ‘Managers appear in every organization, at least inorganisations that want to succeed’. (Benowitz 2001)They make things happen in a business, they are responsible for the success and failures of the company. There are different types of managers depending on the organization. Even though these differences are vast, all managers fall under one of the following categories.

2.1 Top Level Managersalso referred to as Executive Managers. Their job is to ensure thesmooth running of theorganisation a whole. They make long-term decision about the overall direction of theorganisation and setup the objectives, policies and strategies for it. They must be future oriented because they deal with uncertainty and highly competitive conditions. They also have to deal with the environment outside of the organization. Job titles common in this category include, Chief Executive Officer (CEO), President, Vice President, and Chief Operations Officer.

2.2 Middle Level Managers, like the name suggest; sites between the Top-Level Managers and the Low-Level Managers also referred to as the First-Line Managers. They take the plans and strategies formulated by the top level and give to the First-Line Managers. They develop and implement action plans consistent with company objectives such as increase productivity and market presence. They are in charge of large department or divisions consisting of several units. Common titles in this category include, Branch Manager, Plant Manager, director of works etc.

2.3 Low level Managers or first-line Managers; these are team leader, supervisors, or foremen in charge of workers who does the actual hands-on work. They ensure that workers work according to the company laid down procedure. They make sure produced items are to specific requirement and the right quality. In short,...

Bibliography: Benowitz, EA 2001, Principles of Management, Hungry Minds Inc, New York.
Burrow, JL, Kleindl, B & Ever, KE 2004, Business Principles and Management, 12th edn, Thomson South-Western, Ohio.
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Microsoft Corporation 2009, 'Enyclopedia Encarta '.
Nelson, B 2010, Managing for Dummies, 3rd edn, Wiley Publishing Inc, Indianapolis.
Quinn, S 2010, Management Basics, Ventus Publishing.
Robbins, SP & Coulter, M 2003, Management, 11th edn, Prentice Hall, New Jersey.
Williams, K 2007, Management a Practical Introduction, Mc Graw Hill, Florida.
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