Planning, Organizing, Directing and Controlling

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Joshua P. Hsu Finals Thesis Ms. Trina Friday 10-1pm Thesis question: What function of management can be effective in the Business Industry and how? Thesis statement: The four functions of management is effective in the Industry namely: Planning, Organizing, Directing and controlling. 1. Planning is the first management function and it is a very important area of all the four functions of management. a. Planning requires the management of an organization to do thorough evaluation. b. It involves setting goals and objectives. c. Management evaluates both internal and external factors that affect the company. 2. Organizing is the second function of management. d. Organize all the available resources. e. Organize human resource and other factors. f. Helps management to determine the internal structure of the company. 3. Directing is the third function of management. g. Helps management to monitor staff and direct resources. h. Assists management to help employees in accomplishing their career objectives and being part of the organization. i. Effective communication and building of positive interpersonal relationship s between management and staff. 4. Controlling is the last stage of function of management. j. Setting and establishing standards to be achieved within the organization. k. Involves evaluation of results in comparison with the set standards and incase of any variations. l. Ensuring that performance does not deviate from standards. Every business entity or organization, whether big or small, needs to develop and implement the four management functions. The success of any business organization depends on how the four functions of management are implemented. These management functions allow an organization to handle its business strategy, tactical

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