2- Essential Managerial Tasks

Essential Managerial Tasks: A Summary

Effective managers, exemplified by figures like Jonah Peretti, navigate various challenges by performing four essential managerial tasks: planning, organizing, leading, and controlling.

Planning: Managers decide organizational goals, strategies, and resource allocations. It involves setting goals, determining strategies for achievement, and allocating resources efficiently. For example, BuzzFeed strategically collaborates with traditional media outlets, expanding its global reach.
Organizing: This task structures relationships within the organization, defining lines of authority and responsibility. Organizational structure, created through organizing, coordinates members to achieve goals. BuzzFeed’s growth prompts decisions on how to organize the company, recently splitting it into BuzzFeed News and BuzzFeed Entertainment Group.
Leading: Leadership involves articulating a clear vision, energizing employees, and using influence to coordinate efforts toward organizational goals. It fosters a motivated and committed workforce. Jonah Peretti’s leadership at BuzzFeed emphasizes core values, stability, and a shared vision, contributing to the company’s success.
Controlling: Managers evaluate goal achievement, take corrective actions, and measure performance. Control systems are designed to assess various aspects, such as productivity, quality, and customer responsiveness. BuzzFeed, despite challenges like cost control in digital content production, uses strong business strategies and leadership to maintain a competitive edge.

In summary, successful management at all levels requires the adept execution of these four tasks to enhance efficiency and effectiveness. Each task contributes to the overall performance and growth of the organization.

2- Essential Managerial Tasks

contemapry managment Book

Chapter Text

admin

Other Chapters

1- Introduction

Chapter Sections

2- Essential Managerial Tasks

contemapry managment Book

Chapter Text

admin

Other Chapters

1- Introduction

Chapter Sections

Login to enjoy full advantages

Please login or subscribe to continue.

Go Premium!

Enjoy the full advantage of the premium access.

Stop following

Cancel subscription