Management Process

One of the key elements in running a successful business is a well-developed management department. Organizations cannot simply run by themselves, nor achieve their main goals by themselves either. That is why many successful organizations, such as McDonalds, Rockwell Automation, and General Motors hire managers that use what is called the management processes, which consists of four basic functions- planning, organizing, leading, and controlling to help run their companies. The managers of Lake States Industrial Services Inc. (LSIS), a 'new' land developing company in Milwaukee, Wisconsin is lacking the understanding of the management processes, which might be in the end, the cause of this business failure in the next couple of weeks.…