Management Report: Exploring Business Functions and HR

This report provides an introduction to management, outlining key principles and functions. It explores organizational structure, including functional and divisional models, and delves into core business functions like marketing, finance, HR, and research & development. The report examines the interrelation between marketing and other departments, highlighting the importance of HR and talent management. It also covers Henri Fayol's five functions of management (planning, organizing, commanding, coordinating, and controlling) and their interrelations. Furthermore, the report discusses the role of HR and talent management in achieving organizational goals, along with Handy's organizational culture model (power, role, task, and person culture). Finally, the report summarizes the key takeaways regarding functional and divisional organization, the significance of marketing and its relationship with other departments, and the importance of management functions and organizational culture.

Introducing To Management

INTRODUCTION
Management is set of principles which are related with all those functions like planning,
organizing, directing as well as controlling. The main application of those principles in order to
harnessing physical, human as well as the informational resources effectively for achieving
organizational goals in an effective manner. The report will structure of management and
business functions. This will also include the marketing and management functions as well as
HR and talent management in effective manner.
Management structure and business functions.
Organizational structure is the system which is outlines the various human action which
are directed for achieving goals and objectives of company in effective manner. Management is
the set of principle which is help to achieve goals of controlling by making successful planning.
Management theories are the basic concept of surrounding recommended management strategies
which are include different tools in such as framework and guideline to management (Buley, N.
V. and Melnichuk, A. V., 2017). There are different kinds of management theories which are
helping to maintain the proper effectiveness of the company. Frederick Taylor's theory of scientific management have aimed to improve economic
efficiency as well as for the improving labour productivity (Taylor, 2017). Henri Fayol's administrative management have the 14 principles which are help to
maintain proper people management at workplace. Those are division of work, equity,
discipline, initiative, authority and responsibility and many more (5 Functions of
Management by Henri Fayol, 2017).
Organizational functions:
Functional organizational structure:
Functional structure is complexly based on the organization is being divided into the
smaller group with the proper roles and responsibility in an effective manner. The main
advantage of functional structure is to employees are grouped by the skills set and the functions
are allowing them to make their complete focus on collective energies. On the other side, the
disadvantage of this structure is to present is lack of inter-departmental communication is create
misunderstanding for employees.
Divisional organizational structure:

This structure is completely followed by larger companies to operate their several
objectives. In this structure, roles and responsibility of employees are completely divided into the
employees in an effective manner. The main advantage of this is offered greater flexibility to the
larger company with many divisions. On the other side, disadvantage of this is to make complete
focus on division, employees working in the same functions in an effective manner .
Business functions.
The business functions is also set referred as nay set of activities which are performed
through the department which is create initiative of event, transform information as well as
produce an output for the business (Fareri and et.al., 2018). There are four management functions
which are help to achieve goals and objectives of company which are as follows: Marketing is the main function of the business. With the help of this, the company is able
to promote their products and services at the market place. Finance is another business function of the company. The Finance department have role
to maintain records of all financial transactions of company. Human resources department is the most important function of business because they are
helping to hire the best candidate for vacant posts in effective manner.
 Research and development is another function of the business. Through that company is
getting proper information of market by analysing complete market in effective manner.
Marketing functions
Marketing and its relationship with other functions.
Marketing department plays a very important role within the company which is helpful
for promoting their business at the successful market era. This creates more effectiveness for the
business in an effective manner.
Marketing with Research and development department:
The Marketing department has role to get complete knowledge from the market and make
product needs as per customers. On the other side, R&D have role to collect specific information
from the market and handover to the marketing department in an effective manner. For that
marketing department taking help to from the R&D department for collecting information
(Nyuur, Brečić and Simintiras, 2016). For example: Tesco company collects information from
market with the help of R&D department.

Marketing and Human resources department:
The Marketing department has always had need to gather an effective skill and talented
employee who are able to promote products at the market place. In that marketing department
taking help from the HR department because they have role to the hire best candidate for
marketing as per setting requirement of market department. For example: Tesco required
candidate who promotes products at a market place in that HR department helps to marketing
section.
Marketing and finance department:
Marketing and finance department always interrelated with each into the company. The
Marketing department has role to collect and generate funds from market place by promoting
products and services of the company and hand over to finance department (Schmidt, 2017). As
that finance department has efficient funds to allocate all the departments for paying payments in
effective manner. For example: Tesco manager requires money for promotion in that marketing
department generate money and hand over to finance department in effective manner.
Management functions
Henri Fayol have five major functions of management which are helping to make
effective and valuable performance of company in an effective manner. Explanation of those five
organizations are as follows:
Planning:
Planning is the activity which is used by Manager for building effective future planning
as per the condition and develop strategic objective and secure the achievements for the future
goals in an effective manner. Planning have role to evaluate the future contingencies which are
affecting to the organization as well as shape the future operational activity.
Organizing:
Manager must need to organize the workforce in an efficient manner as well as the
structure as well as aligning with all the human activities into the organization. In that manager
need to done effective recruitment as well as organize best training and development for the right
people for the right job which is always secure the sufficiently skilled and educate the workforce.
This is the main role of organizing to hire the best candidate for company (Gao and et.al., 2017).
Commanding:

Manager have need to supervise their subordinate in their daily work as well as inspire
their team member which are helping to make effective success of the company. The main role
to communicate the right information to employees about work is helping to make proper
command of the work.
Coordinating:
Manager have need harmonize the produce and activities which are performed by the
company. The main role of this is to make proper coordination with employees and pat full
attention to them.
Controlling:
Manager need to control all the company activity which are line through the general
manager company policies and objectives in effective manner. Make proper control on misuse of
work is the main role of controlling.
Interrelations of management functions.
Planning with organizing:
Planning have a main role to make successful planning for the company like when to do,
how to do and where to do work in an effective manner. Planning have a great relationship with
organizing because in that company hire the best candidate for the right job as per requirement of
the planning session. On the other side, organizing take help from planning to select best and
right candidate for work in an effective manner (Kang and et.al., 2018).
Organizing with commanding:
Organizing with commanding has role to manage complete work with hiring right people
to for work as per planning. Commanding have a role in the make complete command on
selected employees to work in a better manner. As per that both are interrelated with each other
at the company in an effective manner.
HR and Telent management
Human resource management is the practices of managing people for achieving goals for
better performance in an effective manner. In this manager of HR hire the best people for
working in company and for vacant post with the company. This creates more effectiveness for
business in effective manner. There are various roles and responsibility of HR managers at a
company which are like recruiting, selecting, screening, interviewing and placing works at

company in effective manner. They are make plan, direct and coordinate the administrative
functions of an organization in effective manner (Lysenko and Sereda, 2018). On the other side,
talent management is process which involves attracting as well as retaining high quality
employees, improving and developing skills as well as continuously motivating employees for
achieving goals and objectives by improving their performance at workplace. Talent
management help to achieve goals and objectives of company in effective manner because
through that employees have better learning quality, learn new think. With that, employees are
able to improve their performance in effective manner and get the same result in effective
manner. With the help of this, talent management help to achieve goals and objectives of
company in effective manner (Krishnan and Scullion, 2017).
Organizational culture.
Organizational culture is the effective aggregation of values, expectation as well as
practices which are guide as well as the inform the act of all the team and its members. Thinks of
it as the collection of traits which make success of company. For that here is select Handy's
culture model which are as follows:
Power culture:
There are very few rules in a powerful culture. Power culture decides the what happens in
the organization for better success of the company. With that power have a few members who
are able to take any decision into the company. This has strong consequences that is employer
have right and power to manage thinks at the place (Warrick, 2017).
Role culture:
An Organization with the role culture which is depend on the rules as well as regulations.
That is highlighted the controlled by everyone in the organization knowing roles or
responsibility. This helps to analyse the role of the position. This has strong consequences which
are to employee have their own role to work in a better manner. Meanwhile, the week is
employees are demotivated with this because never one is help for them.
Task culture:
Task culture means that formed to address the specific problems and progress of thw
project. In that management have a need to make complete focus on solving problems related to
the employees. In that strong is that when employees have a problem then they have need to go

the take solution to concern person (Mayo, 2018). But they are not present, then employees can
face problems because problem, not solve this is the weak consequences of task culture.
Person culture:
This means individual very much see themselves as the unique to the organization. In that
management need to promote employees in an effective manner. If employer change position of
employees than they are ready to give their hard contribution for strong. But company not done
that then employee face problems.
CONCLUSION
From the above study it had been concluded that the functional and division has the two
types of organizational functions that have their roles to perform. Marketing played an important
role in the business, but have a great relationship with human resources, finance and research and
development department. Planning, organizing, coordinate, commanding and controlling have
the management functions. Power, task, role and person have the different types of
organizational culture in effective manner.

REFERENCES
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ONLINE
5 Functions of Management by Henri Fayol. 2017. [Online]. Available through:
<https://www.linkedin.com/pulse/5-functions-management-henri-fayol-kalpesh-shah>