Introduction to Management Assignment Sample

Key Concepts and Practices in Modern Organisational Management

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Introduction: Exploring Organisational Structure and Culture for Success

Management entails the proper and orderly supervision, direction, and control of the operations of an organization to achieve certain objectives. It embraces the processes of designing, coordinating, directing, and monitoring people, funds, equipment, etc for efficiency in the operation. Managers lead people to achieve goals and grasp situations within their organizations(Kaehler and Grundei, 2018). The main purpose of conducting this study is to gain idea and show knowledge on various idea related to management structure and business.

Introduction to Management Assignment Sample
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Emma Johnson
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Management involves directing and controlling organisational resources efficiently to meet goals. This study focuses on Introduction to Management concepts within modern businesses, exploring organisational structure, business functions, and culture. Using expert Assignment Writing Help, it highlights how effective management drives organisational success and employee satisfaction.

1. Management structure and Business functions

1.1. Management structure

Organizational structure refers to how work and responsibilities are undertaken and divided in a business firm. Organizational structure determines how employees conduct themselves, work together, and relate to their superiors, and in the process, it determines the productivity of the organization and its ability to communicate.

The two different types of organizational structures include the flat and tall management structure.

Both flat and tall structures have their unique strengths and weaknesses. A low-tall structure with a small difference in authority between subordinates and superiors makes it easier to make decisions. It gives lower levels of employees more authority to make decisions. For instance, intending start-ups prefer flat organizational structures with a view of attaining optimum and smooth structure flexibility. However, operations in a flat structure do not receive much managerial control and direction, which might confuse the organization of work activities and responsibilities to rise when the company expands.

On the other hand, extended hierarchy carries the benefits of a tall structure such as ease of monitoring the staff’s activities, and easier to assign responsibilities through many management levels which is useful for a large company such as General Electric. This kind of structure helps to develop specialists and career advancement is distinct. However, having many layers may take time to come up with a decision and there may be congestion in the communication channel hence becoming sluggish with market forces. They both must be selected depending on the size, values, and requirements of the organization in which they are implemented(Armstrong, 2012).

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1.2. Business Functions

Business functions refer to the activities or tasks that a firm carries out to achieve its aims and goals, such as marketing, finance, personnel, and manufacturing, to guarantee organizational effectiveness (Staff, 2024).

Roles and responsibilities of each business function includes :

Marketing, finance, human resources, operation, and information technology are some of the business functions that are essential for the success of any business. Marketing communicates the sales of products and services as in the case of the Coca-Cola Company with the help of branding. Finance is concerned with financial capital and Apple is a good example of organizations with efficiency in the management of profitability. The HRM directs issues to do with employees including finding and holding employees, much like Google's talent management section. Management is concerned with efficient production and distribution of goods and services and this can be well illustrated in Toyota car manufacturers, where the company tore down wasteful processes, cut costs, and significantly improved efficiency. IT, in turn, encompasses the executive support for technological structures and systems and innovation, in a way similar to Microsoft’s part in the development of technologies. These functions help and maintain the company’s evolution and its competitiveness on the market.

2. Management functions and business management

2.1 Management function

Working in the early twentieth century, Henri Fayol was one of the first contributors to management theory, and the Five Functions of Management remain relevant today.

Planning: Planning includes the setting on goals and the course that has to be followed in order to achieve them.

Organizing: The organization of resources and tasks aimed at the efficient implementation of put in place plans.

Commanding: Supervising and managing subordinates to achieve organisational objectives.

Coordinating: Co-ordinating the various departments and functions, so that they complement one another.

Controlling: Adjusting performance where necessary to keep abreast of the objectives that have been set down.

2.2 Interrelation of management function

Henri Fayol's five functions of management outline essential roles and responsibilities for effective organizational leadership.

Planning entails identifying objectives and the measures needed for their attainment. Managers set goals, predict the potential conditions in the future, and come up with a strategy to deal with them. For instance, a retail firm may prepare for high traffic at certain months of the year by stocking up and hiring more employees. Organizing involves arranging the organization structure by distributing its resources, delegating activities, and determining positions. For instance, in a tech company, organizing might include the formation of subgroups such as developers, quality assurance, or support. Leading (or commanding) involves the processes of guiding and influencing people within an organization for the accomplishment of goals. Throughout the project, managers ensure their subordinates receive directions, encourage the employees to work as a team, and motivate them. A marketing manager at a firm such as Coca-Cola could head a campaign indicating goals and encouraging innovation. Coordinating makes it easier for all the departments and activities to be in harmony or one program. Managers see to it that all the functions are dealt with in a coordinated manner. For instance, the production department of a manufacturing firm needs to collaborate with the supply chain department to ensure the timely delivery of products. Controlling is the process of measuring performance against standards and taking the necessary actions to bring about improvements. This function enables the organization to steer through the planned vision and mission. For instance, a financial manager may go through the budget summaries to check on the various expenses to compare with the laid down financial strategies (Hall, Jones, Raffo, and Anderton, 2008).

3. Marketing function and its relation to business success

Marketing is one of the business activities that involve the communication and sales of services or products, targeting the needs and requirements of customers. Some of the tasks include market analysis, promotion, identification, and creation of products that will appeal to the customer and subsequently generate sales, which is essential for the growth of the company and its achievements (King, 2024).

Marketing works closely with other business units to guarantee the success of an organization. For instance, associations such as marketing and finance require coordination while developing the budget for campaigns and deciding on pricing plans that may be favourable in the course of achieving the financial targets. Finance ensures that accurate and timely information is availed for the management to make the right decisions on resources to invest in. Marketing also collaborates with the human resources (HR) departments in hiring the right talent for the implementation of marketing strategies. It is possible for example for the engagement of HR and marketing, to come up with new strategies on employer branding to make the company have a good reputation in employment. They assist in organizing the demand forecasts whereby operations have to produce the required levels of products to meet the market demand. This is especially the case in such industries as retail where the marketing campaigns may be closely related to the volume of sales and would therefore need to have their schedules aligned with that of the stock control. Also, the marketing departments collaborate with the IT departments to incorporate technology in their marketing strategies, for instance, the use of web applications in the marketing of products and services, promotions, and e-commerce. For instance, giant e-commerce trading companies such as Amazon depend on IT and marketing integration to provide a touch of individuality and straightforwardness in acquiring consumer experiences(Hall, Jones, Raffo, and Anderton, 2008).

4. Talent Management and Organisational Culture

Talent management is the process, framed by HR, through which organizations acquire, build, and maintain, a capable workforce for the achievement of organizational objectives. HR plans direct and control the acquisition of employees, training, performance measurement, development, and management of human resources to ensure that they are in tandem with the organizational goals and have developmental prospects.

Organizational culture is a set of established and held beliefs about what is appropriate and effective behaviour in the organization. Culture shapes the way employees communicate with one another, problem-solve, and approach work. The promotion of a healthy work environment culture is a crucial ingredient of organisational performance. For instance, Google is famous for creating a working culture that encourages innovation and its employees to work effortlessly. The flexibility of its organization, its focus on collaboration, and the many benefits provided to its employees make it easier for the company to attract and maintain talented workers that define the company’s success. Like Netflix, Zappos has constructed a culture that is based on friendly customer service and happy employees. Through creating a company culture of fun, support, and trust, Zappos improves customer experience and loyalty thus it reflects a strategic strength as a retailer. A positive culture enhances the level of satisfaction among the employees, increases attendance level, and decreases turnover thus increasing productivity and the reputation of the organization. Having a clear vision of the type of organisational culture that the organisation wants to maintain is therefore beneficial for attracting the best employees, increasing the organization’s performance through creativity and innovation, and the success of business in the long run(Madura, 2007).

Conclusion

This Introduction to Management paper discovers that a positive organisational culture has an impact on organisational commitment, performance, and turnover. Business practices of the leading corporate players such as Google and Zappos show that a supportive and progressive climate can be effective in enhancing organizational productivity because talented employees are encouraged in organizations that offer a positive climate. The quality of organisational culture is important for the sustainable development of business in the long term.

References

  • Armstrong, M. (2012) Armstrong's Handbook of Human Resources Management Practice. 14th ed. Kogan Page: London, pp.439-500.
  • Hall, D., Jones, R., Raffo, C. and Anderton, A. (2008) Business Studies. 4th. Edn. Essex: Pearson Education, pp. 35-45.
  • Kaehler, B. and Grundei, J., 2018. The Concept of Management: In Search of a New Definition. In: SpringerBriefs in business. [online] pp.3–26. https://doi.org/10.1007/978-3-319-94526-2_2.
  • King, D., 2024. The 7 Functions of Marketing: A Field Guide (Infographic). [online] Brafton. Available at: <https://www.brafton.com/blog/content-marketing/functions-of-marketing/>.
  • Madura, J. (2007) Introduction to Business. 4th ed. Ohio: Thomason Southwestern.
  • Staff, F., 2024. A Brief Explanation of Business Functions. [online] Available at: <https://www.functionly.com/orginometry/business-functions>.

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