Four Functions of Management
This management function involves setting goals and deciding how to achieve them.
What is planning?
This statement explains a company's purpose, or why it exists.
What is its mission statement?
A leader who makes decisions alone, with little or no input from employees, uses this style.
What is autocratic?
This is the first step in the rational decision-making process.
What is identify the problem?
When a manager arranges people, resources, and tasks into a structure so work gets done, they are performing this function.
What is organizing?
This statement describes what a company hopes to become in the future.
What is its vision statement?
A leader who gives employees a lot of freedom to make their own decisions, with little supervision, uses this style.
What is free-rein (or laissez-faire)?
This is the final step of the rational decision making process, which tells a manager whether the decision actually solved the problem.
What is evaluate the results?
Motivating, guiding, and inspiring employees falls under this function.
What is leading?
"To organize the world's information and make it universally accessible and useful" is this kind of statement for Google.
What is its mission statement?
In this organizational structure, employees are grouped by specialty, such as marketing, finance, or human resources.
What is a functional structure/functional departmentalization?
This is how a strong "tell me about yourself" statement could be structured
What is present/past/future with an emphasis on numbers as evidence for your track record?
Comparing actual results to goals and making corrections when needed is this function.
What is controlling?
Published each year by Fortune magazine, this list ranks the 500 largest U.S. companies by revenue.
What is the Fortune 500?
In situational leadership, a leader chooses a style based on these two things.
What are the employees (skills, experience, personality type) and the situation?
This is what SWOT stands for
What is strengths, weaknesses, opportunities, and threats
A manager sees that sales are below target, then coaches the staff and changes the weekly schedule. These are the two functions at work.
What are controlling and leading?
Managers bring a company's vision to life by turning it into these specific, measurable targets.
What are goals (objectives)?
Having two bosses in a matrix structure can lead to this common problem for employees.
What is conflicting instructions (or confusion about priorities)?
Put these in order: choose and implement, evaluate results, identify the problem, evaluate alternatives, generate alternatives.
What is identify the problem, generate alternatives, evaluate alternatives, choose and implement, evaluate results?