The Four Functions of Management

The Four Functions of Management

By Colby Brister, Internet Consultant and Business Owner

Management concepts are even more important in 2009 than they have been in the past. The evolution of business is ever changing with trends moving towards outsourcing and virtual employees. Although the four basic functions of management remain the same, the communication technologies and business management software have rapidly advanced and so that the implementation of particular management systems have advanced as well.

Leading has always been a major component or function of business management. Companies must have set policies and procedures based on specific goals and objectives in order for an organization to run smoothly. (http://www.buzzle.com/articles/management-concepts-the-four-functions-of-management.html). Management also needs to lead in a broad sense that assists in accomplishing the company mission statement, short term goals and long term goals as stated in the company’s business plan.

In order to be successful at the task of leading others, a manager must have respect from his or her team. Respect is earned and it can come from credentials, awards or other honors. Most of the time the greatest management leaders are those who can empower others to achieve things they once we not able to do. A good manager is always challenging their team to improve and shows the employees by his/her own example of the baseline or tempo of his own merits.

Success also comes to the manager, who is able to motivate his staff in both good and bad situations. A good leader is able to identify strife amongst team members and arbitrate the situation, so that all are treated with fairness and respect.
Copyright 2009