Management Functions Assignment Example | Topics and Well Written Essays - 1000 words

Management Functions - Assignment Example It has refocused on offering low prices for their products, improved the mix of merchandise sold, and provided friendlier and quick customer service. The secret to this was the organization culture introduced by the company that encourages teamwork. Teams in the company get together to discuss performance and to help each other with the goals of improving performance (Barnaro, 2005). Staffing Staffing deals with managing the structure of the organization that ensures putting the right man on the right job. â€Å"Staffing involves managing the structures of the organization through doing proper selection, appraisals and personnel development to fill roles designed in the organization’s structure.† (George & Jerry, 1999, p.74). staffing includes manpower planning, recruitment and selection, training and development,compensation,performance appraisal and promotions and transfers.walmart ensures that it recruits employees who have the right qualifications for the positions that they hold.walmart also encourages diversity at the workplace by employing staff from different cultural backgrounds and minority groups. The company has Latinos, African-Americans, Asians and people with disability.walmart have over 1000 employees in their retail outlets in the U.S market. Controlling Controlling is the measurement of goals that have been accomplished against the set standards and correction of deviations that have occurred if any, to ensure organizational goals are achieved. Controlling is done to ensure that everything confirms to standards and having an effective system of control that can help in predicting deviations before they occur. controlling involves steps which include establishment of standard performance, measurement of actual performance,... This essay discusses the field of management, that is a process that involves several steps which starts with scanning the environment to analyze external threats facing the organization. This could be economic conditions, customers or competitors. Planning considers available and prospective physical and human resources in the organization in order to get effective contribution, coordination and perfect adjustment. in ensuring that they achieve their goal of developing cost structures that would enable the organization offer low prices,wal-mart strategies on replenishing their inventory using cross docking logistics technique. With this technique products are got from suppliers to wal-mart warehouses, they are then shipped to store in the shortest time period possible. The researcher mentions that Troy argues that Wal-Mart has concentrated on developing and advancing a highly structured supply chain management to enhance their competitive advantage in the market. These functions of planning,staffing,controlling,organizing and directing helps in achieving group goals, ensures optimum utilization of resources and reduces costs through minimum input by proper planning and using minimum input and getting maximum output. In conclusion, it could be stated that they help in establishing a sound organization, establishing equilibrium and they are essentials’ for prosperity of society, in that efficient management leads to better economic production which increases the welfare of the people.