Implementig the Five Functions of Management Essay

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Implementing the Five Functions of Management Esmund Bustillos MGT 330: Management for Organizations Shannon Wellman October 29, 2012 Implementing the Five Functions of Management Management, the intricacies of its theory and five major functions, is a discipline required and, utilized, by successful organizations, in efforts to realize strategic goals and objectives set forth by leadership. The proper application of these five functions, planning, organizing, staffing, leading and controlling, is the perpetuation of consistent attainment of strategic goals and objectives. Applying these functions employing a diligent and comprehensive approach, is paramount for successful achievement, as all are linked in such a way that makes them inseparable (Reilly, Minnick and Baack 2011). Planning Planning begins with a thorough analysis of an organization’s internal and external environment. Determining organizational strengths and weaknesses through environmental scanning, provides the leadership of an organization, pertinent data to anticipate issues and make decisions with respect to necessary changes. There are several types of environmental scanning techniques. The most widely used technique is the SWOT (strengths, weaknesses, opportunities and threats) analysis, which provides for an internal side by side comparison of an organization’s strengths versus its weaknesses, along with the identification of external organizational opportunities and possible threats. The following is a SWOT analysis for Gold Coast Gage Corporation, a fictitious company, with a labor force of approximately 200 hundred employees. Gold Coast Gage Corporation manufactures extremely high precision gaging devices. These devices provide the the user with the capability to gage the tolerance between two surfaces up to five hundred thousandths

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