A complete Overview Of Organizing in Principles Of Management.
A good Reference for people who are doing this topic presentation and also for the exams. I have covered almost every topic in organizing.
A complete Overview Of Organizing in Principles Of Management.
A good Reference for people who are doing this topic presentation and also for the exams. I have covered almost every topic in organizing.
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This report is on the Organization study of ThinkNext Technologies Pvt Ltd, so basically it offers online/offline training programs you can grab this opportunity this is the first copy of the report. I am a student of management. If you do this, don't copy everything you add to your points.
Definition, Features, Process, Needs and Importance, Principles, Merits of Departmentation, Bases of defragmentation, Types of Organisational Structure.
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Islamic Banking (IB)Definition:Islamic banking can be defined as: a form of modern banking based on Islamic legal concepts using risk- sharing as its main method excluding financing based on fixed pre- determined return.
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It is basic way to understand Total Quality Management
Tools & Procedures of CI
Varies from simple suggestion system based on brain storming to structured programs utilizing statistical process control tools (SPC Tools)
Deming wheel (PDCA) cycle
Zero defect concept
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A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
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A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
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Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
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Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
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Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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This 60-minute webinar, sponsored by Adobe, was delivered for the Training Mag Network. It explored the five elements of SPARK: Storytelling, Purpose, Action, Relationships, and Kudos. Knowing how to tell a well-structured story is key to building long-term memory. Stating a clear purpose that doesn't take away from the discovery learning process is critical. Ensuring that people move from theory to practical application is imperative. Creating strong social learning is the key to commitment and engagement. Validating and affirming participants' comments is the way to create a positive learning environment.
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Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
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3. WHAT IS ORGANIZING?
"Organization is the process of
identifying and grouping of the
works to be performed, defining
and delegating responsibility and
authority and establishing
relationships for the purpose of
enabling people to work most
efficiently".
- Louis A. Allen
4. FUNDAMENTAL CONCEPT OF
ORGANIZING:
DIFFERENTIATION: It means that an organization is
composed of units that work on specialized tasks using
different work methods and requiring employees with
unique competencies.
INTEGRATION: It means that the various units must be
put back together so that work is coordinated.
5. NATURE OF ORGANIZING:
5. Communication
6. Central Authority
7. Rules & Regulations
8. Dynamic Element
1. Group of Persons
2. Common Objectives
3. Division of Work
4. Cooperative Efforts
6. NATURE OF ORGANIZATION:
Group of Persons: An organization is a group of people
working together for the achievement of common
objectives. The group may be large or small. An
organization is a system of cooperative relationships of two
or more persons.
Common Objectives: Every organization has a common
objectives distinct from personal objectives of the members.
The common goal is the basis of cooperation among the
members. The objectives of the organization are usually are
made explicit
7. CONTD:
Division of Work: An organization comes into existence
when the total task is divided into the members of the group.
Division of work is necessary not only because one
individual cannot do all the work but specialization results
in efficiency and effectiveness.
Cooperative Efforts: The members of an organization are
willing to help each other for the achievement of desired
goals. Cooperative relationships are stabilized both
vertically and horizontally among different units of the
organization:
8. CONTD:
Communication: People who form an organization
communicates with each other in order to integrate or
coordinate there efforts. The structure must be such that
people can perform together efficiently.
Central Authority: In an organization, there is a central
directing authority which controls the concerted efforts of
the group. The chain of authority- responsibility
relationships is known as the chain of command.
9. Rules and Regulations: For the orderly and systematic
working of the members, rules and regulations are laid
down and enforced by the central authority.
The Dynamic Element: An organization is not a mere
mechanical structure but a living organism arising out of
the sentiments, attitudes, and behavior of people. The
people are the material of construction that holds the
structure together and gives it vitality.
10. IMPORTANCE OF
ORGANIZING
1. Facilitates
Administration
2. Encourages
Growth &
Diversification
3. Optimum
Use of
Technology
4. Stimulates
Innovation &
Technology
5. Encourages
Good Human
Relations
6. Ensures
Continuity of
Enterprise
7.
Coordination
11. IMPORTANCE OF ORGANIZING:
Facilitates Administration: Achievement of the objectives
of an enterprise by providing a framework of coordination
and control. It provides a system of authority and network for
effective communication. Individual goals can be coordinated
towards group goals. A properly balanced organization
facilitated both management and operation of the enterprise.
Encourages Growth & Diversification: It has enabled
organizations to grow and expand to giant sizes. Systematic
division of work and consistent delegation of authority
facilitate taking up of new activities and meeting new
demands. It provides flexibility for growth without losing
control over various activities.
12. CONTD…
Optimum Use of New Technology: It is made through a
sound structure manned with competent employees. In
addition, Optimum use of technology permits optimum
utilisation of human resources. Sound organization ensures
that every individual is placed on the job for which one is
best suited.
Stimulates Innovation & Creativity: It stimulates creative
thinking and initiative on the part of employees. It provides
for effective management of change and responds
favourably to changes in environment. It provides
recognition for the professional and the specialist in terms of
their achievement.
13. Encourages Good Human Relations: The assignment of
right jobs to right person improves job satisfaction and inter-
personal relations. Well-defined jobs and clear lines of
authority and responsibility ensure good human relations.
Ensures Continuity of Enterprise: It provides scope for
the training and development of future management. It
provides avenues for development and promotions through
delegation and decentralisation.
Coordination: It facilitates order and cohesiveness in the
enterprise. Division of labor, better utility of technology and
human talent helps to improve the efficiency and quality of
work. Clear channels of communication among the
members of the organization leads to coordination.
15. PROCESS OF ORGANIZING:
1. Identification of Activities: First step is to determine the
tasks that must be performed to achieve the established
objectives. Activities and jobs are building blocks of any
organization. The activities to be performed depends upon
the objectives, nature and size of the enterprise.
2. Grouping of Activities: The various activities are the
grouped into departments or divisions according to
similarity and common purpose. Such grouping is
necessary for the purpose of specialization, coordination
and control. It may be grouped on various basis i.e.
functions products, territories, customers etc depending on
requirements.
16. 3. Assignment of Duties: Groups of activities or departments
are then allotted to different positions. Every position is
occupied by an individual best suited for it. The
assignments of activities creates responsibility and ensures
certainty of work performance. The process should be
carried down to the lowest levels. It is basically done to
avoid duplication of work and over-lapping efforts.
4. Delegation of Authority: Every individual is given the
authority required to carry out the responsibility assigned
to him. A chain of command is created through successive
delegation of authority. Different positions are linked
vertically and horizontally by establishing formal authority.
Every individual must know to whom he is accountable
and who are his subordinates.