On Principles of Management

Business school has taught us about Management. There are five functions of Management (Henry Fayol):

1. Planning
2. Organizing
3. Leading
4. Coordinating
5. Controlling

Planning is the cognitive process of thinking about actions or accomplishments beforehand. This provides direction to a manager as to where to direct necessary actions and anticipate problems.

Organizing which is next to planning is where the manager assigns tasks to different individuals or groups within the organization, for them to help carry out the plan.

Leading is where the manager directs the actions of the organization. This reminds me of some statements given to us by our HBO instructor: which of the following statements is true? 1. All Managers are Leaders. 2. All Leaders are Managers. Come to think of it, I still don't know the answer lol.

Coordinating: Whereas leading is where the manager commands, coordinating is where the manager tries to make things or people work together. Can you be called a leader or a manager if you can't make your people collaborate? This is synonymous to Leading. I think that's why in recent management books, they decided to do away with this. There are now only four functions: Planning, Organizing, Leading, and Controlling.

Controlling is where the manager tries to minimize defects in the organization. The manager takes necessary actions to correct some deviation from standards and goals. I think this is the function where most people are attracted to. We all want to be in control.

Learning from theory is a lot easier than carrying it out. Being able to create a business organization with my colleagues, I tried to implement those theories but it was harder than I thought. Those functions are not just limited within the organization, but also the environment. What happens outside will affect the inside. I can say, it's the skill that makes a good manager and not the knowledge. Well, from what I've learned from Microsoft's pocket sessions, "practice makes experience". It is better to actually do it than just learning from books.


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