Organizing function of management Essay Example | Topics and Well Written Essays - 1000 words - 1

Organizing function of management - Essay Example This research will begin with the statement that there are four main functions of management such as planning, organizing, leading and controlling. The fourth function of management which is controlling includes monitoring activities and resources efficiently and effectively within an organization. Technological resources include an organization’s ability to innovate and speed with which innovation occurs (The internal environment: A resource-based review of strategy). In order to be successful in the business, companies need to understand and observe customers closely. Only after knowing the customers, we can personalize products and services as per their needs and requirements. Technology is an important organizational resource with which companies can do wonders for their customers if managed this resource wisely. Technology provides companies to add as many features as they would like in a single product. For example, if you go back a decade or two, the function of the mos t advanced cell phone was to make a phone call or send a message. Now, times have changed. Drastic changes have come in the field of technology. The new iPhone by Apple has 10,000 features including wireless Internet, digital camera, global positioning system, and even audio/video player. Apple is the most valuable technology company in the world. Apple introduced tablets and other advanced gadgets in the market which no one can compete. It attracts all the technological freaks towards its latest inventions with its innovative features and great looks.