Part 4: Controlling And Leading The Next Function

Part 4 Controlling And Leadinga Controllingthe Next Function Of Man

Part 4 - Controlling and Leading A. Controlling The next function of management is controlling. Now that you have designed the way you will run the event and how each facet will be handled, you need to decide what you want to control/monitor, and how you will do so. For this week’s first proposal section, describe how you will control each of these operational functions: · staff · inventory (donations) · revenue. B. Leading The final function of management you will carry out, and one of the most important for the overall success of the event, is leading. In this week’s proposal section, describe how you will lead/manage your team. You also need to evaluate and summarize your test results from the week one ungraded/survey-type quiz, and explain why you agree or disagree on if the findings truly represent you. · You are required two outside references other than the textbook for each of the three parts for a total of at least six references for your final proposal submission Take This Important Quiz: Are You a Better Manager or Leader? QUIZ RESULTS: 16-25 points: Phil Jackson You're good at handling the complexities of a game with many players. You can make adjustments on the fly to keep everyone focused on winning today's game. You have a strategy for the season, but you also believe you can only play one game at a time. You know how to handle a myriad of intense personalities and get them going in the same direction even if they don't all play at their best. A company needs you because the world changes and you can't run everything the same way forever. You have the ability to take the team members through minor disruptions and get them to improve processes along the way while keeping them happy and satisfied. You can improve your output by engaging the team in the real numbers of the business. You'll quickly surface hidden talents and energy that will make your team stand out. Read The Great Game Of Business by Jack Stack and Bo Burlingham to learn how.

Paper For Above instruction

Introduction

Effective management in event planning necessitates a comprehensive understanding of controlling and leading functions. Controlling involves monitoring operational facets such as staff, inventory, and revenue to ensure goals are met efficiently. Leading pertains to guiding and motivating the team to perform optimally, fostering a cohesive environment conducive to success. This essay discusses strategies for controlling and leading within an event context, supported by scholarly references and practical insights, along with an reflection on personal management style based on quiz results.

Controlling Functions in Event Management

Monitoring Staff Performance

Staff management is critical in event execution, requiring continuous oversight to ensure responsibilities are fulfilled accurately. Implementing regular check-ins and performance assessments can help identify areas for improvement. According to Locke and Latham (2002), setting clear, measurable objectives enhances employee motivation and accountability. Tools like time tracking and feedback sessions aid in maintaining high service standards and addressing issues proactively.

Managing Inventory and Donations

In managing donations and inventory, establishing systematic tracking procedures is essential. Utilizing inventory management software enables real-time updates and reduces errors (Christopher, 2016). Effective control also involves categorizing donations, verifying quantities, and ensuring proper storage. Regular inventory audits prevent shortages or excesses, aligning supply with demand dynamics, which is vital in optimizing resource utilization.

Revenue Monitoring and Analysis

Controlling revenue entails detailed financial tracking and analysis. Implementing POS (Point of Sale) systems integrated with accounting software provides accurate sales data (Higgins, 2020). Regular financial reports enable swift identification of revenue trends or discrepancies, informing strategic decisions. Establishing budget controls and variance analysis further supports financial accountability and sustainability.

Leading the Team: Strategies and Personal Reflection

Leadership Management Principles

Leading involves motivating team members, fostering communication, and establishing a shared vision. Transformational leadership styles, characterized by inspiring and empowering employees, are effective in dynamic event environments (Bass & Riggio, 2006). Emphasizing team engagement and recognizing individual contributions enhances morale and overall performance.

Building a Cohesive Team

To effectively lead, it is important to facilitate teamwork through clear role definitions and collaborative planning. Regular meetings encourage open communication, fostering trust and collective problem-solving (Kouzes & Posner, 2017). Delegating responsibilities allows team members to develop skills and a sense of ownership, which is crucial during high-pressure situations.

Test Results Reflection and Personal Management Style

The quiz results indicating attributes similar to Phil Jackson suggest a leadership approach oriented towards adaptability, strategic responsiveness, and handling diverse personalities. I agree with the assessment, as I prioritize flexible problem-solving and empowering team members. This aligns with transformational leadership principles that emphasize inspiring others and managing change effectively (Avolio & Bass, 2004).

I believe the quiz accurately reflects my tendency to focus on team cohesion, adaptability, and fostering a positive environment—traits essential for effective event management. However, I recognize the need for continuous development in financial oversight and data analysis to complement my leadership capabilities, as supported by recent studies emphasizing the importance of combining emotional intelligence with analytical skills (Goleman, 1995).

Conclusion

Mastering control and leadership functions are fundamental to orchestrating successful events. Effective control ensures operational efficiency, while exemplary leadership motivates teams to perform at their best. Combining strategies supported by scholarly research with personal reflection enables managers to enhance their effectiveness, ultimately contributing to the success of their endeavors.

References

• Avolio, B. J., & Bass, B. M. (2004). Multifactor Leadership Questionnaire manual. Mind Garden, Inc.
• Christopher, M. (2016). Logistics & Supply Chain Management (5th ed.). Pearson.
• Goleman, D. (1995). Emotional Intelligence. Bantam Books.
• Higgins, R. (2020). Financial Management in Event Planning. Event Management Journal, 14(3), 24-30.
• Kouzes, J. M., & Posner, B. Z. (2017). The Leadership Challenge (6th ed.). Wiley.
• Locke, E. A., & Latham, G. P. (2002). Building a practically useful theory of goal setting and task motivation. American Psychologist, 57(9), 705–717.
• Stack, J., & Burlingham, B. (2012). The Great Game of Business. Crown Business.
• Steers, R. M., Mowday, R. T., & Shapiro, D. L. (2004). The Future of Work Attitudes. Journal of Organizational Behavior, 25(3), 291–304.
• Yukl, G. (2013). Leadership in Organizations (8th ed.). Pearson.
• Northouse, P. G. (2018). Leadership: Theory and Practice (8th ed.). Sage Publications.