Planning, Organizing, Motivating, and Controlling.
Custom The Organizing Functions of Management Essay Introduction Management principles are general rather than specific to a type of organization.
But in our Wal-Mart case, we find that management is universal if the manager becomes familiar with specific management tools which are to be applied in dealing with a diverse workforce. Managers need to learn on planning and thus deciding on the future of the organization as well as organizing their staff and delegating them duty with a clear chain of command to ensure efficiency and easy governance.
This is especially in dealing with a diverse workforce whose ideas are also diverse. Aim The aim of this study is to examine the main reasons why planning and organizing are such important management functions in an organization and especially using Wal-Mart as an example, in managing a diverse workforce.
The study will also determine why and how Wal-Mart is successful in using the said management functions. Assumption and limitations The study will be limited to using only secondary sources of information.
Primary sources are not used as we could not get hold of any Wal-Mart employee nor visit their stores and authentic the secondary information we had. Methodology Qualitative questions will be answered by use of established qualitative procedures.
Qualitative data will be given from observed instances from secondary sources including books and information on websites and peer reviewed journals.
The last strategy is the advance technology that Walmart used in supply chain management. Walmart invested a lot on technology in order to predict the consumer demand and therefore, has a better control on the inventory level to avoid over-stocking (University of San Francisco,n. d.). Organizing Racks. Ornaments. See more product categories. Power Type. Battery. Corded Electric. Electric. AC. Only at Walmart. Special Buy. New. Reduced Price. Rollback. Price Shown at Cart. See more special offers. Color Changing Lamps. Showing 40 of results that match your query. Search Product Result. Watch video · Video: Four Functions of Management: Planning, Organizing, Leading & Controlling A person who holds a management position inside an organization is required to .
The study will document Wal-Mart information in and outside the US as available. Discussion Most people do wonder how the Wal-Mart supermarket chain has always been a success story throughout America.
Wal-Mart utilizes the functions of management which have a potential of not only increasing profits but also ensuring that everything is done in a planned and organized way especially in managing a diverse workforce. Planning has the ability to make or break future company engagements while organizing ensures that everything is done in an orderly way by careful delegation of duties to the staff below.
Planning bridges the gap between where we are to, where we want to go. It is a systematic activity which determines how, when and who is going to work on a specific job. It is therefore a detailed program which shows future courses of action.
Planning takes into consideration prospective human and physical resources the organization has to effectively co-ordinate, contribute and adjust accordingly. Planning is the basic management function that includes formulation of detailed plans which are aimed to achieve optimum balance demands with the available scarce resources.
There are several tools and strategies that are available for Wal-Mart to build and maintain a diverse workforce and this is best managed in careful planning and analysing workforce trends and projections. There are critical steps used in determining skill gaps and needs and devising succession plans and strategies that are used in business planning.
These are some of the facts that Wal-Mart managers so that they know how to plan and organize their resources to produce a high performance organization. They have the knowledge and expertise to use to information and assess whether the current workforce will assit the company i meeting the set out goals and objectives.Walmart: Organizing Funtion of Management.
Organizing Function of Management Organizing is defined as the assembly and coordination of the human, financial, physical, informational, and other resources needed to achieve goals.
Organizing Function of Management Organizing is defined as the assembly and coordination of the human, financial, physical, informational, and other resources needed to achieve goals. (Bateman & Snell, , pg. 20) This function is also referred to as the function used to build a dynamic organization.
Planning means looking ahead and chalking out future courses of action to be followed. It is a preparatory step.
It is a systematic activity which determines when, how and who is going to perform a specific job. Planning is a detailed .
Organizing is the second function of a manager whereby it is the responsibility of the manager to accumulate resources and dividing the activities required. It . Watch video · Video: Four Functions of Management: Planning, Organizing, Leading & Controlling A person who holds a management position inside an organization is required to think strategically and conceptually.
Walmart has a clear management strategy, the Fayolism, and how I came to this conclusion is the following.
Part of Fayol’s theory of management is based in more benefits for employees. “He had 14 principles and some of them talk about how a company should treat its employees. Walmart: Organizing Funtion of Management.