This paper discusses managerial functions, concentrating on the writer's personal experience from the Coca Cola company.
Written in 2007; 1,454 words; 5 sources; APA; $ 48.95
Paper Summary:
In this article, the writer notes that it has many times been assumed that, once a person reaches a leading position, his or her professional life becomes easier to deal with; while only a small number of people do realize that a manager's tasks are far more complicated than those of a normal employee without any leading responsibilities. The writer points out that the tasks of a manager have been divided into eight categories: planning, decision making, organizing, staffing, communicating, motivating, leading and controlling. Further, the writer discusses that the four key managerial functions are those of planning, decision-making, organization and communication. The writer concludes that practically, the manager has to plan the strategies, decide the best alternatives, organize his and his employee's tasks and establish a communication channel with his subordinates.
Outline:
Planning
Prognosis
Scheduling
From the Paper:
"The next function of the managerial position consists in decision-making, which may or may not be a follow-up of the planning activity. Practically, within each company, every activity, be it or not related to planning, organizing or communicating, is developed on the basis of taking a decision. This is the reason why it can be argued that decision-making is more than a managerial function; it is the essence of the leading process."
"Moreover, the de facto taking of a decision is one of the stages of the decision-making process, which starts with the recognition of the appearance of a decisional situation. The next step that should be followed in this process is the identification of all the possible alternatives. This is the moment when the decision can be taken by choosing one of the alternatives, by using several evaluation criteria."
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