The Four Functions of Management

A successful manager has a structured method to complete his or her objectives well. An efficient manager will achieve his or her goals while using minimal resources. According to Bateman and Snell (2004), management has four essential functions: planning, organizing, leading, and controlling ("Management...", p. 15). A manager who does not incorporate all four functions equally will eventually fail.
Planning involves identifying company goals and formulating an agenda to meet or exceed those goals. …