Managerial Roles in Business

In: Business and Management

Submitted By lpwegener4531
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Managerial roles in business
MGT 521 - Management
February 09, 2015

Managerial roles in business
Managers are directed to perform their responsibilities and discover through formal training or hands-on experience how to integrate the five basic fundamentals of their job: planning, organizing, staffing, leading, and controlling (Houghton Mifflin Harcourt, 2014). “Business managers oversee the day-to-day operations in large and small organizations. In a big company, managers typically oversee an individual department, such as marketing, sales or production. In a smaller company, the business manager might oversee operations in all departments. Office managers oversee the work of clerical or support staff in the business” (Kelchner & Media, 2015).
Planning
According to Robbins and Coulter (2012), planning is explained as, “Defining the organization’s goals, establishing strategies for achieving those goals, and developing plans to integrate and coordinate work activities” (pp. 204). “Say, for example, that the organization's goal is to improve company sales. The manager first needs to decide which steps are necessary to accomplish that goal. These steps may include increasing advertising, inventory, and sales staff. These necessary steps are developed into a plan. When the plan is in place, the manager can follow it to accomplish the goal of improving company sales” (Houghton Mifflin Harcourt, 2014).

Organizing Once a plan is established, a manager has to coordinate the implementation strategies to take the idea from the paper stage to completion (Houghton Mifflin Harcourt, 2014). Two important steps in the organizing phase are assigning work responsibilities and authorizing leadership roles to see the project through.
Staffing
After the planning and organizing phases are discerned, the manager is able to staff accordingly to ensure all aspects…...

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