There are four different functions of management: planning, organizing, leading, and controlling.
Planning- the act or process of creating goals and objectives as well as the strategies to meet them.
Organizing- getting the recourses arranged in an orderly and functional way to accomplish goals and objectives.
Leading- providing direction and vision
Controlling- keeping the company on track and making sure goals are met.
Top-level manager- responsible for setting goals and planning for the future as well as leading and controlling the work of others.
Middle manager- carries out the decisions of top management. Responsible for various departments such as marketing, production, and accounting departments. Also responsible for leading and controlling the work of others.
Operational manager- responsible for the daily operations of a business. Supervisors, office managers, and crew leaders are all types of operational managers. They do some planning and organizing. However, their main duties include over-seeing workers and meeting deadlines.
Line authority is one. In this structure managers on one level are in charge of those beneath them. An advantage to this is that authority is clearly defined; no confusion. Another one is line and staff authority, which shows the direct line of authority (indicated by solid lines) as well as staff who advise the line personnel (indicated by dotted lines).
A centralized organization puts authority in one place with top management. This helps managers throughout the firm to be consistent making a decision making. The last one is called decentralized organization which gives authority to a number of different managers.
Being a Manager
PROS- They usually earn more money than employees that aren't managers, if you are respected as a manager you will build prestige, they have some influence and authority over other employees, they also gain more control over their time as manager.
CONS- Managers are often blamed when things go wrong even if it isn't necessarily their fault, their mistakes can be very costly so they are under a lot of pressure to make the right decision for the business.