Success is often pertains as "doing the right things"- that is those work activities that will help the business reach its goals.
Efficiency handles the means of getting things done and efficiency handles the ends or attainment of organizational goals.
Peter Drucker has identified planning the following "Planning is the ongoing process of making present entrepreneurial decisions systematically and with best possible understanding of their futurity, organizing systematically the initiatives needed to perform these decisions and measuring the results of these decisions from the expectations through organized and systematic feedback.
" Examples of planning are assigning deadlines, scheduling employees, and creating when to reorder goods or products.
Further, the concept of “universality of management” relevant to the interviewed managers will be discussed in this essay.
The first manager interviewed in this task is Ms Y.Ms Y s’ managerial tasks includes monitoring, motivating and arranging works to the employees.Following by the second manager, Mr X, who works as a senior accounting manager in a medium-s...She is a key account manager works in a pharmaceutical company, which is a large sized private organisation in service sector.Ms Y operates as a first-line manager, she involves in managing employees and servicing the organisation’s customers.The function of arranging involves the persistence of the mandatory resources and activities that need to be achieved in order to attain the company goals, assigning these activities to the correct employees and delegating the required authority to handle these activities in a coordinated and cohesive manner.Therefore, the organizing function can be involved with Identifying the tasks that must definitely be performed and grouping them wherever necessary.We can define Management as solving problem creatively.Problem can be solved creatively via four functions of management: planning, organizing, leading and controlling.Organization resources should be used in a way to accomplish organizational goal or mission.The management is based upon for main functions which includes Planning, Organizing, Leading and Controlling.