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The Four Functions of Management

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The Four Functions of Management
The Four Functions of Management
MGT/330 MANAGEMENT: THEORY, PRACTICE, AND APPLICATION
Augest 15th 2011
University of Phoenix

Four Function of Management

Management can be described as a process involving coordinating resources like money, time, employees, and materials to achieve a goal of an organization and manage the goal. There are four fundamental functions of management process: Planning, organizing, leading and controlling. This paper will explain how each of the four management functions relates to GE Healthcare and the laser service group
GE Healthcare provides medical technologies and services that are shaping a new age of patient care. Their expertise in medical imaging and information technologies, medical diagnostics, patient monitoring systems, performance improvement, drug discovery, and biopharmaceutical manufacturing technologies is helping hospitals and clinicians around the world re-imagine new ways to predict, diagnose, inform and treat disease. Even though GE provides lots of new and different technologies and services to its customers it cannot presently provide them all, one of these technologies is laser technology. Our customers have lasers from other manufactures and in order provide laser technology service to them and their equipment GE Healthcare put a service plan into action.
The first function of management, planning is the most important. The planning function sets the goals (who, what, when, where and why) to be achieved by deciding the actions needed to reach the objective. As a healthcare provider GE Healthcare wants to provide everything a hospital and doctor needs a one stop shop if you will. Needing a laser support service GE Healthcare acquired expert engineers with knowledge of every type of medical laser equipment. The laser engineers that where hired conducted the planning for the new laser group.
Together as a team a plan was formed for GE Healthcare Laser Group.
The next function the laser group now



References: Management: Leading and Collaborating in a Competitive World, by Bateman and Snell (8th edition, 2009) http://www.managementstudyguide.com/index.html http://www.ge.com/products_services/healthcare.html http://ge.mylearning.ge.com/HMM%20Courses/HHM-2009/meeting_management/learn.html

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