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  • Essay / Four Functions of Management - 1008

    Four Functions of ManagementIn today's work environment, building teams and working together has become vital in all aspects of the organization, from sports to business. In the business world, it takes managers and employees to run a business, but it takes a team to plan, organize, direct and control. The role of a business leader has changed dramatically over the past ten years. The change stems from the realization that old military-style management techniques and styles are no longer effective in the workplace. These companies learned to empower their employees and build teams to solve problems, plan, and make management decisions. Managers of today and tomorrow will need effective team building skills to achieve and maintain success. This management style starts with the team and establishing the attitude that each employee does a little and no individual does too much. Thus, working in a team brings benefits to both the team members and the organization. According to Kallman (2005), managers are paid to make very difficult decisions, such as hiring, firing, starting and finishing projects. Making decisions under conditions of uncertainty is a very essential skill, which can be acquired by risk managers (Kallman, 2005). One of the most important management functions is setting goals for employees (Kallman, 2005). For example, as a manager in the restaurant industry, you must set goals for employees and the company in order to succeed in the future. In a similar vein, Kallman (2005) explains how an organization's mission is the broadest type of goal; define the vision and overall direction for all other objectives. The second major function of managers is to organize teams of actors who implement new ideas and concepts (Kallman, 2005). As a Bar Manager, my job and requirements are to implement new ideas to the General Manager in order to provide our customers with an excellent dining experience. Furthermore, it is much more effective and efficient to empower others to carry out management activities (Kallman, 2005). In order to direct the organization's management activities, risk managers must know how to motivate and communicate with others (Kallman, 2005). Kallman (2005) states that studying other leaders is a good way for a risk manager to develop leadership skills. Being knowledgeable, charismatic, creative, and setting a good example is a great way to become a leader in your work environment (Kallman, 2005). Empowerment gives employees a sense of belonging, allowing them to feel pride in their work and take ownership of tasks that may otherwise be mundane (Velury, 2005).