The purpose of this paper is to define the four functions of management: planning, organizing, leading, and controlling and to explain how each function relates to your own organization. The organization I belong too is a oil and natural gas producing company. The fundamentals of management have been around since around 1100 B.C when the Chinese founded the four functions of management: planning, organizing, leading, and controlling (Bateman T., and Snell S., 2004, Appendix A). We …
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showed last 75 words of 830 total
…has become imperative that managers of today learn to balance the functions of management in day to day business applications and not devote to much time or resources to just one or two. A good balance of application, implementation and review of the management principles will lead to a successful future for your organization. References: Bateman T., and Snell S., (2004), Management: The New Competitive Landscape (6th Ed.), (Chapter 1 Appendix A), McGraw-Hill/Irwin, 2004 New York, NY