ORGANIZATIONAL STRUCTURES AND FORMS OF ORGANIZATION
ORGANIZATIONAL
STRUCTURES AND
FORMS OF
ORGANIZATION
What is Management?
According
to Henri Fayol, "to manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."
Fredmund Malik defines it as "the transformation of resources into utility."
Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Natures of Management
◦ Continuous Process: Management is a never ending process. It will remain the part of organization till the organization itself exists. Management is an unending process as past decisions always carry their impact for the future course of action. ◦ Universal in Nature: Management is universal in nature i.e. it exists everywhere in universe wherever there is a human activity. The basic principles of management can be applied any where whether they are business or non-business organization. ◦ Multidisciplinary: Management is basically multidisciplinary. Though management has developed as a separate discipline it draws knowledge and concepts of various other streams like sociology, psychology, economics, statistics etc.
◦ Management is a group activity. Management is a vital part of group activity. As no individual can satisfy all his needs himself, he unites with his coworkers and work together as an organized group to achieve what he can not achieve individually.
◦ Management is goal oriented: Management is a goal oriented activity. It works to achieve some predetermined objectives or goals which may be economic or social.
Five Concepts of
Management
Functional concept
- Management basically is the task of planning, coordinating, motivating and controlling the efforts of other towards the goals and objectives of the organization. According to this concept, management is what a manager does (planning, executing, and controlling)
Human relation concept
STRUCTURES AND
FORMS OF
ORGANIZATION
What is Management?
According
to Henri Fayol, "to manage is to forecast and to plan, to organise, to command, to co-ordinate and to control."
Fredmund Malik defines it as "the transformation of resources into utility."
Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Natures of Management
◦ Continuous Process: Management is a never ending process. It will remain the part of organization till the organization itself exists. Management is an unending process as past decisions always carry their impact for the future course of action. ◦ Universal in Nature: Management is universal in nature i.e. it exists everywhere in universe wherever there is a human activity. The basic principles of management can be applied any where whether they are business or non-business organization. ◦ Multidisciplinary: Management is basically multidisciplinary. Though management has developed as a separate discipline it draws knowledge and concepts of various other streams like sociology, psychology, economics, statistics etc.
◦ Management is a group activity. Management is a vital part of group activity. As no individual can satisfy all his needs himself, he unites with his coworkers and work together as an organized group to achieve what he can not achieve individually.
◦ Management is goal oriented: Management is a goal oriented activity. It works to achieve some predetermined objectives or goals which may be economic or social.
Five Concepts of
Management
Functional concept
- Management basically is the task of planning, coordinating, motivating and controlling the efforts of other towards the goals and objectives of the organization. According to this concept, management is what a manager does (planning, executing, and controlling)
Human relation concept