1BUSINESS ACADEMIC SKILLS Introduction A critical challenge often faced by managers in an organization is to bring solutions to problems in a unique and creative approach. In the process of representing from a range of scholarly disciplines, and further to assist managers to be responsive to challenges of unique problem solving, the principles or ideologies of management have been segmented into four fundamental purpose or functions related to planning, organizing, leading as well as controlling further known as the P-O-L-C model (Griffin 2013). This report will effectively evaluate the conceptsofP-O-L-Cframeworkandassessthesignificancethatmanagershaveonthe performance level of their organizations. Analysis of the P-O-L-C framework Planning The concept of planning is considered as a purpose of management that engages establishing aims, targets and also determines a course of action in order to attain those objectives. The process of planning must set the aims and it is important for planners to recognize alternative procedures for accomplishing such objectives (Coombs 2014). Various types of planning can be observed in the domain of management namely: Strategic Planning Tactical Planning Operational Planning One of the most critical types of planning called the strategic planning involves into assessing various competitive opportunities and obstacles along with the benefitsand
2BUSINESS ACADEMIC SKILLS limitations of the enterprise in order to compete efficiently in their environment. This type of planning is regarded as an enduring one and often includes the organization as a whole with the formulation of those goals (Heizer 2016). Tactical planning always involves middle level managers and is implemented to develop distinct means to execute the strategic plan. The operational planning is generally regarded as a short term one and is formulated to develop specific operative steps in order to facilitate the other two plans. Organizing This significant principle of marketing engages the framework of individual tasks within the enterprise. Effectively organizing at the enterprise level entails the level of expertise to departmentalizeor coordinatetasksinan effectivemanner (Griffin2013). For example, Woolworths the leading retail manufacturing company has been implementing conventional departmental segregation in order to focus on paying attention and be responsive to its consumers’ requirements (Meltzer 2018). Leading Leading is one the significant management entails several social and unofficial sources of influence which the managers in order to implement to increase the level of motivation taken by others. Several reports demonstrate that effective leadership must incorporate the competence to understand the subordinates in terms of their personalities, ideologies, attitudes, feelings and emotions (Williams 2015). Howard Schultz, CEO of Starbucks has been recognized for his unique leadership style of instilling confidence and motivation in his subordinates with the belief that each and every employee is a vital part of the company. Controlling
3BUSINESS ACADEMIC SKILLS The principle of controlling ascertains that organizational performance has no deviation from standards or principles. However, the managerial role of controlling within the organization does not simply give implications that managers must focus on to make efforts to control or further influence the skills, personalities, principles or sentiments of the subordinates (Griffin 2013). Furthermore, productive controlling technique requires a distinct perceptive of where accountability for variations from principles is posited. Significance of Managers on Organizational Performance Establishing and encouraging well-executed performance management tradition and culture is regarded as one of the fundamental areas whereby managers can influence on the business outcomes. Studies reveal strong association between reliable managerial interaction and relation with the higher engagement levels, along with merging interpersonal as well as communication tools to perceive the most effective outcomes (Noruzy et al. 2013). However, interactive sessions of induction approach to leaderships also capitulates positive reviews. Furthermore, managers must concentrate on the strengths and competencies of the employees in comparison to recognizing and enhancing their weakness and incompetency (Shaw, Park & Kim 2013). A manager can further establish the context of assisting each element in order to supply its contribution to the broader domain of organizational objectives along with a unconstructive performance in one of the distinctive area potentially supporting organizational strategy goals. Conclusion
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4BUSINESS ACADEMIC SKILLS Therefore from the above discussion it can be concluded that competent and effective managers influence the perceptions of the employees of the company and further enhance the success of the enterprises. The report effectively assessed the four major principles of marketing by further shedding light on the impact managers have on organizational performance.
5BUSINESS ACADEMIC SKILLS References Coombs, WT 2014.Ongoing crisis communication: Planning, managing, and responding. Sage Publications. Griffin, RW 2013.Fundamentals of management. Cengage Learning. Heizer, J 2016.Operations Management, 11/e. Pearson Education India. Meltzer,L. ed 2018.Executivefunctionineducation:Fromtheoryto practice. Guilford Publications. Noruzy, A., Dalfard, V.M., Azhdari, B., Nazari-Shirkouhi, S. & Rezazadeh, A 2013, Relations betweentransformationalleadership,organizationallearning,knowledgemanagement, organizationalinnovation,andorganizationalperformance:anempiricalinvestigationof manufacturing firms.The International Journal of Advanced Manufacturing Technology,64(5- 8), pp.1073-1085. Shaw, J.D., Park, T.Y. & Kim, E 2013. A resource‐based perspective on human capital losses, HRMinvestments,andorganizationalperformance.Strategicmanagementjournal,34(5), pp.572-589. Williams, C 2015.Effective management. Cengage Learning.