Functions of Management

What precisely is the function of a manager? In today's rapidly changing competitive world, what purpose does management serve? The function of management used to be based on the merits of what an individual could perform. What specifically could he or she do for a company? Today the human element of management is becoming more and more significant. It is not what a manager can do for a company but how his or her knowledge can benefit a company. There are actually four fundamental function of a manager in the long road to management success: planning, organization, leading, and las…