Forum 3.docx - Forum#3-Innovation and the Functions of...

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Forum #3 -Innovation and the Functions of Management What are four functions of management and how would innovation affect these function in an organization? A manager meets all types of problems and challenges in the business, so it is essential for the manager to handle and solve the obstacles creatively. To help the manager to respond to the challenge of creative problem solving, there are four functions of management, which are planning, organizing, leading and controlling [Pri15]. The innovation would affect these function in an organization in a different way. Planning involves setting objectives and determining a course of action for achieving those objectives [Pri15]. The first and foremost step in planning is environment scanning. This aids the management to analyze and observe the internal and external environment and gains the information on the market segment and competitors. Innovation is important in this section. By having innovation, the organization goal will be the competitive advantage for the organization. A wrong planning process will result in
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