Topic > The Five Functions of Management as a Discipline

The Clute Institute, an American business journal, provides a list of the five functions of management established by Henry Fayol on business administration. These functions include:1. Scheduling: This is where managers will determine what needs to be done, how to perform it, who will perform those actions, and what time to perform them. These questions must be fully answered by the manager to be able to manage his entity and achieve organizational goals. The organizational objectives of the company will also be determined in this planning phase. Planning will include; operational plans, strategic plans, specific short-term plans, long-term plans and management plans.2. Control: This is the monitoring of processes in the chain of operations in an organization. The audit will involve evaluating actual performance against the standards set by managers in order to note deviations and address variations as required. Unlimited Management: A business organization offering management studies to clients provides clear control features as follows; Continuous process, not inseparable from management, closely associated with planning, goal-oriented and always focused on the objective