The four functions of management are planning, organizing, leading, and controlling. Planning occurs within these functions of a business, and it helps to deliver strategic value. Organizing will build a dynamic organization and leading will mobilize people. Controlling is part of learning and changing as the organization grows. All four functions of management are the key concept to effective management. Internal and external factors influence the decision-making process that affects management. The competitive landscape is constantly changing; therefore, managers must consider people and businesses around the world.
Globalization, technology, innovation, diversity, and ethics require comprehensive planning and are essential in every aspect of management. Apple is an organization that uses strategic planning and organizational tools successfully to manage and market technology. In this paper the authors will explain how the internal and external factors affect the four functions of management in the organization of Apple. The authors will also provide specific examples of globalization, technology, innovation, diversity, and ethics. Globalization
Globalization is an external, driving force that has a major impact on the way managers run an organization. Globalization is the result of the notable increase of cross-border trade, investments, cultural exchange, population growth, and emergent economies (New World Encyclopedias, 2008).
Globalization directly affects the four functions of management, or core competencies of management. These core competencies are the basics of management: planning, organizing, leading, and controlling (Bateman & Snell, 2011).
The Essay on Planning Function within the Different Levels of Management in Organizations
Management of a business involves the four general functions of making plans, organizing, exercising leadership, and fostering coordination. Planning constitutes the process of determining goals and objectives, identifying strategies and techniques, and accessing or allocating the necessary resources to support implementation. Plans integrate the competencies and resources of the organization ...
Globalization causes events, or situations to take place within an organization to which managers have no direct control over. This external factor causes organizations such as Apple Inc. to update and monitor the company’s business plan concerning these core competencies of management. Apple Inc. is a multinational corporation that designs and sells computer software, and hardware.
The tech giant is best known for the Macintosh product line of computers, the iPod, iPhone, and the iPad (Yahoo finance, 2012).
The industry or sector this company services causes the need for Apple to stay competitive. The Way Apple stays competitive is by tapping into the globalized market. Apple has more than 364 retail stores in more than 13 countries. Apple manages more than 60,000 full-time employees worldwide and is the largest publicly traded corporation in the world by market capitalization (Yahoo finance, 2012).
Apple can keep a competitive edge on the market because management carefully plans, organizes, leads, and controls the organizational planning process using informational resources. Informational resources are data collections used to analyze the market in an effective manner (The Free Dictionary, 2012).
Managers analyze competition, customer behavior, industry outlook, demographics, economics, and political interference during the different levels of planning.
Managers include informational resources to assist in the planning, organizing, leading, and controlling process. Managers analyze who the competition is, the needs, and wants of the customer, if the industry is local, national, or global. They analyze population and diversity change, and whether the economy is in a peak, or downturn. As managers set plans and goals within an organization, they analyze these data collections, and plan or direct accordingly. Managers can readily access this information through informational resources, or data collections because of globalization. Globalization and technological advances enable this process of management. Organizations that identify globalization as an external factor, and use the effects of globalization in a positive manner can keep a competitive advantage on the market. Otherwise globalization can have a negative impact on the planning, organizing, leading, and controlling aspects of management. Technology
The Essay on Apple Company Internal And External Factors
Apple is one of the largest growing companies in America. They are consistently growing and improving the latest technology that has generated from the communication industry. In view of the fact that these successfully large companies need to be run by proficient leaders who have exceptional management skills to continue to companies rise in its business. The four functions of management are ...
Technology is an internal factor that causes management to evaluate the four functions of management carefully. Planning, organizing, leading, and controlling are affected by technology as an internal factor. Internal factors are events, or situations that occur within a business and are usually controlled by the managers of that organization (New World Encyclopedias, 2008).
Technological advances provide for a healthier marketplace, an enhanced means of manufacturing goods and services, improved distribution channels, and a superior means for informational resources (Bateman & Snell, 2011).
The Internet is the most active technological advance. The Internet provides for the rapid rate of communication, and the rapid transportation of information to transpire. Technology advances help drive down costs, and accelerate production through globalization. Technology improves efficiency in decision making. Managers can use technology to plan, organize, lead, and control aspects of an organization efficiently. Apple can keep a competitive advantage on the market because the organization incorporates technology into the planning process. Apple designs and produces some of these technological advances giving the company a larger competitive advantage. Innovation
Innovation is the key to adapting to change. Organizations must come up with creative ways to invent technology, market their products, and communicate with consumers. Apple is a successful organization because of the four functions of management; planning, organizing, leading, and controlling. Three There is a wide variety of internal and external factors that help establish an effective management plan. Internal factors consist of employees, quality of product or service, and financial status. External factors are the competitors, customers, and the economy. Apple uses a specific set of management and organizational tools to compete successfully with other competitors. Apple employees use strategic goal planning to innovate new ideas and improve marketing strategies that appeal to the public. A higher innovation performance will help Apple prosper, continue to grow in size, and build successful relationships both internal and external. Apple innovates through creativity, process, products, customer experience, and leadership (Nussabaum, 2007).
The Essay on Statement Of Purpose (Management Of Technology)
I strongly believe that Global business changes rapidly; what an enterprise really needs is accelerated growth. To succeed and sustain, ever-changing economic conditions, business transformation, fast-tracked innovation and efficient operation are significant. It is also important to drive out unnecessary steps in development and administration. Technology plays a prime role in fulfilling this. It ...
Diversity
Diversity is one of the main factors that allow managers to manage effectively. Management reviews these factors internally and externally. Diversity will always affect planning, organizing, leading, and controlling. The internal and external factors that affect planned diversity are examined carefully by management. Managers train extensively to ensure they are training individuals within the company and the training employees receive is based on clear and concise training criteria no matter what gender or race the employee may be. This also affects managing diversity externally. Apple ensures that the processes managed between external companies are handled with diverse actions. No favoritism is allowed by Apple. Apple suppliers are Minority-Owned, Women-Owned, Veteran-Owned, and Service-Disabled Veteran-Owned Small Businesses, as well as businesses located in Historically Underutilized Business regions (HUBZone) and Small Disadvantaged Businesses (SDB) (Apple, n.d.).
Ethics
Controlling ethics internally and externally as a manager can be challenging. Managing suppliers is a huge responsibility that Apple takes seriously. Apple expects their suppliers to maintain the highest standards of ethical conduct (Apple, 2012).
Apple evaluates their suppliers once a year to ensure that they are following the guidelines Apple mandates for all its suppliers. Ethics are a big part of Apple’s culture and if any violation of their policy and procedures are violated internally by employees, management is responsible to terminate the employee immediately after an internal investigation. Managers validate yearly that employees have the proper training completed to guarantee they are in compliance with Apple’s ethical standards. This includes checking foreign workers, validating business practices, and verifying the number of hours each employee trains on a yearly basis. Conclusion
The Term Paper on Diversity Management Employees Organization
Managing Workplace Diversity Index 1. Introduction Page 32. What is diversity? Page 43. What is Cultural diversity? Page 54. Can diversity be managed? Page 75. What is management of diversity? Page 106. Why does it matter? Page 107. Conclusion Page 118. Reference Page 12 Introduction As we enter the new phase of modern labor, diversity in the workforce is rapidly increasing. Employees now reflect ...
Planning, organizing, leading, and controlling have helped Apple build a successful organization. Apple uses strategic planning and organizational tools to manage effectively, and compete with competitors. Apple notices globalization as an external factor that affects the management process. Technology, as an internal factor has a major impact on the way Apple applies the four functions of management. Apple innovates through creativity. This allows the company to constantly market products that appeal to the public. Diversity allows Apple to manage effectively; managers review these factors internally and externally. Strategic planning involves the use of an ethics model for the company. Ethics is a big part of Apple’s culture, and they expect their suppliers to maintain the highest standard of ethical conduct. Because of the competitive and changing landscape it is essential for organizations to use the four functions of management and imply the internal and external factors to manage effectively.
