Management Function
Management Function
T FUNCTIONS
01 PLANNING
02 ORGANISING
03 LEADING
04 CONTROLLING
PLANNING
Ma nage rs set c ompa ny go als a nd pl an how t o a c hi eve them . It stee rs a co mpany. Ma na geme nt is ba sed
on i t. Sett ing compa ny goa ls, a sse ssin g the situa tio n, and a pplying stra teg y a re the three ma in ste ps o f
pla nning.
A c ompany's stra tegi c an al ysis and de fini tion ma ke up strate gic pla nning. An orga niz ation's interna l
a nd e xte rna l ca pa bilit ie s a re exa mine d in strate gic ana lysi s. The Boston B ox a nalyses a n orga niza tion 's
inte rnal c apa bilit ie s, while PESTLE a nd Porte r's fi ve forc es a na lyse its exte rnal e nvironme nt. SWOT
a nalys is and the Ansoff m atrix he lp d efine st ra te gy.
The products a re ca te gorise d in to groups suc h as sta rs, c as h c ows, dogs a nd qu estion marks, b ase d o n
the ir rel ati ve ma rke t sha re and ma rk et gro wth.This t ool wi ll he lp Apple in e s tima ting its products and
unde rsta ndi ng whic h produc t nee ds more at te ntion or innova tion. It exa mine s the Politica l, Ec onomic ,
Soc ia l, Tec hnologi ca l, Leg al , and Environme ntal fa ct ors of Apple a nd he lps its de c ision-ma kers by
he lping the m ga in a be tte r unde rs tandi ng of the c ompa ny's e xte rna l e nvironme nt.
STARS CASH COWS
high market share, high market growth high market share, low market growth
PLANNING
Market penetration - increasing sales with existing products in existing markets. This has the
lowest risk.
Diversification - selling new products in new markets. This has the highest risk.
SWOT is a strategic planning technique that will help Apple identify its Strengths, Weakness,
Opportunities, and Threats.
Based on this analysis, the company can assess its market position and decide on a new strategy if
necessary.
ORGANISING
T h e o rg a n i s a t i o n a l s t r u c t u r e s p o r t r a y t h e r o l e s , r e s p o n s i b i l i t i e s , r e l a t i o n s h i p s a n d l i n e s o f a u t h o r i t y. A p p l e ' s
o rg a n i s a t i o n a l s t r u c t u r e i s h i e r a r c h i c a l a n d h e l p s t o m a i n t a i n i t s l e a d e r s h i p s t y l e .
T h e f o l l o w i n g a r e t h e c h a r a c t e r i s t i c s o f A p p l e ' s o rg a n i s a t i o n a l s t r u c t u r e :
S p o k e - a n d - w h e e l h i e r a rc h y
F u n c t i o n- b a s e d g ro u p i n g
P ro d u c t - b a s e d g ro u p i n g
S p o k e - a n d - w h e e l h i e r a r c h y : M a n a g e r s h a v e m o re a u t o n o m y u n d e r t h i s f o r m o f h i e r a rc h y, w h i c h e n a b l e s m o re
collaborative work.
F u n c t i o n - b a s e d g r o u p i n g : A p p l e ' s o r g a n i s a t i o n a l s t r u c t u re h a s a f u n c t i o n - b a s e d g ro u p i n g o r a w e a k f u n c t i o n a l
m a t r i x t h a t a l l o w s t h e c o l l a b o r a t i o n b e t w e e n t h e v a r i o u s d e p a r t m e n t s a c ro s s t h e b u s i n e s s . T h i s c o n t r i b u t e s t o
t h e r a p i d i n n o v a t i o n p ro c e s s a n d e f f e c t i v e i n f o r m a t i o n d i s s e m i n a t i o n .
P r o d u c t - b a s e d g r o u p i n g : T h i s i s a d i v i s i o n a l t y p e o f o r g a n i s a t i o n a l f u n c t i o n , w h i c h m e a n s t h a t t h e re i s a
S e n i o r V P a n d a V P f o r e a c h p ro d u c t o r s e r v i c e . T h i s s t r u c t u re h e l p s t h e c o m p a n y t o m a n a g e t h e p ro d u c t s i t
delivers to its customers.
LEADING
T h e C E O ’s m i s s i o n i s t o m o n i t o r p e r f o r m a n c e a n d e v a l u at e t h e o rg a n i z a t i o n ’s s u c c e s s i n a c h i e v i n g i t s
g o a l s a n d t a k i n g c o r r e c t i v e ac t i o n s a s n e e d e d t o m a i n t ai n a n d d e v e l o p p e r f o r m a n c e . A f t e r t h e d e a t h o f
S t e v e J o b s , A p p l e d i d n o t r el e a s e a n y t h i n g n e w b u t h a d m a d e i m p r o v ed c o p i e s o f t h e i P h o n e a n d i P a d
d e v i c e s , a n d t h e n t h e co m p a n y a n n o u n c e d t h a t t h e r e q u e s t T h e i P h o n e 5 h as e x c ee d e d $ 2 m i l l i o n i n
just 24 hours and also sold iPads at $ 3 billion in three days, so the quarterly profit increased from $
8 . 2 b i l l i o n t o $ 3 6 b i l l i o n a f t e r s e l l i n g t h e i P h o n e a n d i P a d d e v i c e s i n o n e y e a r, a n d t h e c o m p a n y ’s
share has increased It has nearly doubled since the death of Steve Jobs .
THAN KS