Planning can be described as the action of managers looking ahead to meet the business objectives. This an be through strategic planning, this being the long-term planning for the next 5 years, and tactical planning, the short term planning for next couple of weeks or months, as well as operational planning, the day to day operations of a business.
An example from my organisation of planning is the rental of a new more central pet store location. Recently a new shopping complex was opened in a central expat orientated area. The owner (also at the same time the manager) of the pet shop I worked in had ranted out one of the units in the mall before it was even complete to ensure a more central location, this is an example of strategic planning.
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Controlling can be described as the action of verifying that the business objectives and plans are met by the work done and taking corrective action if this is not the case. An example from my organisation of controlling is when we brought in 150 bottles of a new brand of shampoo into stock to replace our old regular brand, however after 3 months and various customers questioning the disappearance of the old brand, having to put the new bottles on sale and order in more of the regular, old, brand which sold far better.
One of the manager’s roles is to act as a figurehead for the business. The manager represents the business to both outside units such as other businesses partners from other organizations as well as the businesses employees as the manager determines the relationship between him and the employees. An example from my organisation is that the manager would always be available to be called upon if the customers questions or complaints could not be handled by one of the sales
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An autocratic management style can be described as a doctoral way of managing a workforce. The manager will only be concerned with completing the task at hand, while having very low employee welfare and satisfaction concerns. This is due to an autocratic managers belief that employees are generally lazy, wishing to avoid work where ever possible, and need strict directing and controlling to complete a task. This results in the manager taking complete control and refusing to consider employees expertise.
With the autocratic management style the manager takes full control of all decisions so the employees will not be at fault when he makes a mistake and something goes wrong. Also this style of management will allow for a fast decision process on issues and problems as the staff will not have to be consulted, which can be beneficial in some
The same element applies when launching PetSmart’s new strategic plan to the entire company. A well-developed strategy plan can fail if not launched appropriately, so communication and implementation important (Gluck,
The Big Short Management and Leadership Theoretical Component Management – The process of dealing with or controlling things or people. Leadership - The action of leading a group of people or an organization, or the ability to do this. Management and Leadership are two very different things. “A manager is appointed in a position of authority which enables him to insist on people doing as he/she instructs.
Essentially a strategic plan is an extensive inspection at where the organization is, where it wants to be, and how it can get there. The
(Cherry, 2016) Autocratic leaders normally settle on decisions in view of their thoughts, ideas and judgments and rarely acknowledge guidance or advice from followers. Autocratic leadership includes absolute, authoritarian control over a gathering. primary characteristics of autocratic leadership include, practically no contribution from members, group leaders manage all the work method, strategies and procedures, group members are infrequently trusted with choices or important assignments or tasks and lastly leaders settle on the choices and decisions. Autocratic leadership can be advantageous at times but there are additionally many occasions where this style can be problematic.
Controlling: This is where plans are implemented. Controlling is led by managers, however Jules takes it upon herself to control almost every department of the business. Managers should make sure that goals are met in an effective way, without wastage. An example of wastage of resources is when Jules has to send another order to a client when taking a customer service call, as there had been a problem
INTRODUCTION: The summation of activities that a business expects to carry out in order to attain longstanding objectives can be defined as organizational strategy. Combined, these activities forms a business’s strategic plan. Strategic plans are developed by various level of management.
Therefore, management is important and very much needed. The Authoritarian, Democratic, and Laissez management style are all different and all effective depending on the situation. If one style or approach is not successful when resolving and issue, another style is available to eliminate a hostile situation from
INTRODUCTION Burger KAMI fast food restaurant which served to prepare the burgers were different from those found in Malaysia. Burger was necessarily meet the aspiration of the people of Malaysia for meat produced meat to make hamburgers come from fresh meat. We produce our own beef burger with certain processes to be used as a meat burger. We have the concept of serving fast food to suit local tastes with fast and efficient service in a comfortable and relaxing environment. Our company will also sell fast food service, eco-friendly appeal to the price conscious, health-minded consumers.
Question 1 Oliver Townsend, Principal of Knutsford Express, was of the opinion that by modernizing their fleets, their efficiency had gone up tremendously. Elaborate on how management effectiveness is related to management efficiency, in terms of goals and resources. Answer According to Modern Management Concepts and Skills by S Cato, Managerial effectiveness is the management 's use of organizational resources in meeting the organizational goals.
This style of leadership can be advantageous in highly regulated lines of business, and it can be an efficient management style in companies that don 't require much creativity or innovation from employees. Bureaucratic leadership is one of the most prevalent forms of management today. Weber 's Ideal Bureaucracy is characterized by the following: ~Hierarchical Organization ~Delineated Lines Of Authority With Fixed Areas Of Activity ~Action
However, in practice, the extent to which strategic planning constitutes a learning process seems to vary widely. Some authors argue that formalized strategic planning processes discourage learning and may thus be counterproductive to the effectiveness of planning. Despite the importance of strategic planning for management, little empirical evidence has been
Bass and Avolio (1993) pointed out that leadership style is based on behavior areas from laissez-fair (no leadership) to participative (take inputs from subordinate but ultimate decision making with the leader) through transactional leadership (which depends on reward system and punishments) to transformational leadership (which is based on inspiration and behavioral charisma) and ultimately Autocratic leadership (absolute power on decision making). The researcher selected above approach since it has been developed recently and efficiently demonstrated through research findings. The various components are further elaborated below; 1. Laissez-fair Style Laissez-fair leaders are characterized as an avoidant leader who may uninvolved with their subordinates. As per Mondy and Premeaux (1995), these leaders let group members to make all decisions.
Teamwork in the workplace gives the company and employees the ability to become more familiar with each other and learn how to work together. Teamwork is also essential to the success of an organisation and to the development of each employee. Understanding teamwork will assist in developing company's policies with regards to teamwork in the workplace. ● Responsibility and Delegation. Teams that work well together have an understanding of each other's strengths and weaknesses.
As mentioned above, there are five tasks of management that should be accomplished in a daily work routine. Those are planning, organizing, staffing, directing and controlling (Koontz and O’Donnell, 1976). Notwithstanding that some theorists, such as Richard Steers (1985) and Mason Carpenter (2009), highlight only four of those, planning is always considered to be the first and main function of management. It is an activity that involves choosing a strategy to accomplish the objectives of the organization, using the resources effectively and efficiently (Olum, 2004). To make a good plan, a manager should follow the essential steps of planning, which are setting goals, identifying the threats and opportunities of the organization, developing a plan for achieving the goals, and finally evaluating it and reviewing (Gamache, 2008; Duncan,
It is the planning before the action. In includes many activities like making decisions, making strategy for organization etc. At this time strategic planning is an important part of strategic management. Strategy describes how the goal achieves by using the available resources or what kind of resources they need to achieve the goals. This strategy is used when the organization wants to set the goals and wants to make the planning to achieve these goals by available resources.