YARDSTICK INTERNATIONAL COLLEGE Management Individual

Assignment Name

Nahusenay Habtamu

1) critically evaluate how success and failure in practice of basic

management functions affect the organization. Support with real
local examples.
Success of basic management function for the organization in the
planning stage manager establish organization goal and create a
course of action to achieve them. During the planning phase
management makes strategic decisions to set a direction for the
organization.

Planning is the process of evaluateing the goal of the company and

then setting a course for success.
This function evaluates the existing activities band goals.
Leaders tend to be more strategic they nest became problem
solvers able to see the big pictures while also identifying
specific things that affect over all success.

For example if the goal is to improve the time is takes for

custemers to get their order fullfilld then an opretional strategy
is exicted to improve product fullfillment the organizing
function being resource together to achieve the goals
established in the planning function leaders need to coordinate
task to keep resouese moving effectly to wards goals.
Eg if more envetory is nedded but the company does not have
the financial resource to obtain the inventory then priority is to
tackle the financial need.
Directing function is a key function letting staff know what
needs to he done and also by when is a responsibility of
manager the directing function requires leaders to do more
than siply give orders even thrugh task must be completed for
business success.

Controlling function refers to all the process that monitors

success.
This business function requires leaders to establish
performance standards major actual performance and
compares metrics to determine anomalies.

For examples; a sales leader is focused on more than only the

final sales member.

He considers the leading activities such as the number of

minimum pitches and outbound Calles.
Finally when we use managerial function effectively have
success.
Common reasons why businesses fail
. Starting with too much debt
. No business plan
. Mismanagement cash flow
. Ineffective leadership
. Failure to adapt
2) Analytically examine this statement “Management starts
from planning and ends up with controlling". Provide your own
experiences in your work place. In all management definitions
given by different theorists, there are two important ideas in
common: (1) the five functions of planning, organizing, staffing,
directing, and controlling.
(2) the attainment of organizational goals in an effective and
efficient manner.
 Manager use a multitude of skills to perform these function.
Managers set and achieve goals by using human, financial,
material, and information resources. To do this, they plan,
organize, staff, direct, and control. These activities are the five
basic functions of management. The five management
functions are inseparable and often simultaneous elements of a
continuous, interactive process. Implementing plans, for
example, requires acquiring human resource (staffing) and
structuring work groups (organizing). Subordinates must be
guided to complete the plan (directing), and the plan’s progress
must be monitored (controlling).
Planning and controlling are inter-related to each other.Planning set
the goals for the organaziation and controlling ensure their
accomplishments Planning deside the control process and controlling
provid esound basic for planning.
In planning the objectives or targets are sets in order to achieve
this targets control process is needed. So planning precedes
control i9n controlling the actual performance is compared to
rhe standards set and records the deviations.

3) Sometimes, planning fails to achieve the expected results.

Mention causes of fa ilure of planning and suggest remedies to
overcome failure factors.
Cause of failure of planning.
The effectivnes of planning is sometimes limited. Because of
external social poletical economical and technological factors
which are beyond the control of the planner

Failer of planning caused by

- Non-available of data
- Time and cost – collection of data and revision of plans
involves considerable time effort and money
- Inflexibility
 Rather than remaining flexbeble and possibly scapping the plan
manager who continiue to do what is require to achieve the
orginal objective may not be able to cope with the change
environment.

- Problem of rapid change

remaid to overcame failer of planning.
4) "Managerial planning seeks to achieve a coordinated
structure of operations". Comment.
Managerial planning seeks to achieve a consistent coordinated
structure of oprations focused ondesired ends. The goal may be
implicit or explicit but well defiend goal are essential for efficient
planning.
Thus planning is goal orrianted. Its directed toward efficiency.
5)” without planning an enterprise would soon disintegrate, its
actions would be as random as leaves scampering before an
autumn wind, and its employee as confused as ants in an
unturned ant hill”. comment
planning is essential for the enterprise as a whole. ”without
planning, an enterprise will soon disintegrate, the pattern of its
actions would be as random as that made by leaves
scampering(running quickly in short steps) before an autumn
wind, and its employees would be as confused as ants in an
unturned anthill.”
If there is no plan, action will be a random activity in the
organization; instead there will be chaos. Planning is the most
fundamental function of management. An organization can
succeed ineffective utilization of its human financial and
material resources only when its management decides in
advance its objectives, and methods of achieving them.
Without it purposive and coordinated effort is not possible, and
what result are chaos, confusion and wastage of resource.
Planning thus precedes all efforts and action, as it is the plans
and programs that determine the kind of decisions and
activities required for the attainment of the desired goals.