ORGANIZING THE BUSINESS, Forms of Business

Introduction to Business ORGANIZING THE BUSINESS

Chapter # 8

Organizing is the management function of assigning activities and grouping people (Designing and Developing a Blueprint or structure) so that the firm’s objectives can be accomplished. Organizing business managers need to identify culture and business environment and it should be Clear Objectives, Clearly stated, meaningful, specific, and challenging. The objectives must give meaning to the business and what it is attempting to accomplish. The objectives could be multiple (Like, profit, market share, human resource development) of a business that provides the direction for those organizing the firm.

Coordination

Coordination should have organizing, dynamic, structured, Subunit, and Individual Objectives.

They all must fit together.

Team Work must be there.

Formal and informal behavior:

In organization there have formal and informal way but things is employee should understand formal way of showing behavior inside the organization. Inside the organization if they do not show formal behavior then it could be hamper in future inner personality. Some could be friend and can show informal behavior but that should be well controlled and not to showing others because when they will talk informally then other employee if they are like to identify peoples wrong movement then they can spread bad things and information that may hamper personality. So when we are not in inside the organization then we don’t need to be formal. But when we are inside organization then we must be ensure about formality with sincerely . As a result it would not hamper our activities. Personality is the best way to promote in organization. If our personality and perception is wrong then it will make effects in promotion. These may spread negativity, so as a result it may stop employee promotion for a while. So we have to be aware about personality, perception, behavior, formal, informal activities so on.

Decentralized Business

An organization in which a significant amount of the peoples and authority is responsible to delegated to lower-level managers of organization.

Top Manager President Middle Manager Director of Engineering Legal Counsellor Line Manager with direct Line Authority Staff Position – expert in law Staff Authority Project A Engineer Supervisor Project B Engineer Supervisor Team of Three Engineers ORGANIZATION CHART: LINE AND STAFF AUTHORITY

Principles of organizing

Manager are responsible for taking all decisions and make company better placement and generate good profit based on accurate management practice.

They are modified or completely ignored.

Division of Labor

A principle of organization is that a job can be performed more efficiently if the jobholder is allowed to specialize.

Unity of command

In unity of command superior and subordinates are responsible to reports each other. Those are main managerial post they have to act psychological way to control all employees of the organization. It is for better management practice and for organization development. Each and everyone should responsible for others in inside the organization and it makes good unity of command.

How to make organize functional structure

A structure in which each unit or department has a different set of activities and responsibilities. Managing Director Director – HRM Director – Marketing Director – Finance

How to develop and organize business in functional structure Avantages:

The specific set of activities?

Day by day become skilled?

Stable improvement?

How to develop and organize business in functional structure Disavantages:

 Disadvantages:

If necessary the coordination, the situation becomes an obstruction

Lack of flexibility

Slow in reacting  

Forms of Business

Introduction to Business FUNDAMENTALS OF MANAGEMENT

Chapter # 7 PART II

Management Roles

The role is a set of expected behaviors. For example, a man may play the role of a father.

As such he serves as a role model; he is expected to be kind, understanding, helpful, and a good example to his child. Similarly, a manager is expected to serve a number of roles and to be a good role model to his employees Management Roles A manager has three major roles to perform:

Interpersonal

Informational

Decision-making Management Roles

Management Roles Interpersonal Roles

The manager must be in frequent contact with ‘others to fulfill the organization’s objectives. Part of these activities require the manager to lead subordinates. Leadership is essential for influencing employees’ behavior and performance.

An important feature of influencing others need to have ability to communicate confidence and mutual respect. Management Roles Information Roles The manager is at the center of the business activities. He or she should have a total picture of the group, its strengths and weaknesses, and its needs. With this knowledge, managers process information flowing to and from the group, feeding the relevant information. Management Roles

For decisions making manager need to take responsibilities.

The manager should have to take elaborate informations to take opinion, consider the present situation, analyze the resources available, and then tie this all together before reaching a decision. The information available from situation to situation. Core Management Skills Management Skills The ability to use knowledge, behaviors, and aptitudes (capacity) to perform a task.

Different types of Skills?

Technical Skills?

Human Relations Skills?

Conceptual Skills Core Management Skills Technical skill is the skill that includes knowledge of and proficiency in a certain specialized field.

Skills involved in making a product or providing a service.

Technical skills are especially important at the first level of management. ?

Technical Skills?

Human Relations Skills Human skill need to work with ability well with other people both individually and in a group. The ability to relate and interact with subordinates, peers, superiors, and customers or clients.

Core Management Skills Conceptual skill :

It is conceptual skill to abstract situations, to see the organization as a whole and the relationships among its various subunits and to visualize how the organization fits into its broader environment.

If we want to run any business and control any top organization then at first we have to be knowledgeable in conceptual skills. Like if anyone is working in UK and get understand about conceptual skill also if he/she study any organization then they will able to understand organization philosophy.

END OF PART II

Introduction to Business ORGANIZING THE BUSINESS

Chapter # 8

Organizing is the management function of assigning activities and grouping people (Designing and Developing a Blueprint or structure) so that the firm’s objectives can be accomplished. Organizing business manager need to identify culture and business environment and it should be Clear Objectives, Clearly stated, meaningful, specific, and challenging. The objectives must give meaning to the business and what it is attempting to accomplish. The objectives could be multiple (Like, profit, market share, human resource development) of a business that provides the direction for those organizing the firm.

Coordination

Coordination should have organizing, dynamic, structured, Subunit, and Individual Objectives.

They all must fit together.

Team Work must be there.

Formal and informal behavior:

In organization there have formal and informal way but things is employee should understand formal way of showing behavior inside the organization. Inside the organization if they do not show formal behavior then it could be hamper in future inner personality. Some could be friend and can show informal behavior but that should be well controlled and not to showing others because when they will talk informally then other employee if they are like to identify peoples wrong movement then they can spread bad things and information that may hamper personality. So when we are not in inside the organization then we don’t need to be formal. But when we are inside organization then we must be ensure about formality with sincerely . As a result it would not hamper our activities. Personality is the best way to promote in organization. If our personality and perception is wrong then it will make effects in promotion. These may spread negativity, so as a result it may stop employee promotion for a while. So we have to be aware about personality, perception, behavior, formal, informal activities so on.

Decentralized Business

An organization in which a significant amount of the peoples and authority is responsible to delegated to lower- level managers of organization.

Top Manager President Middle Manager Director of Engineering Legal Counsellor Line Manager with direct Line Authority Staff Position – expert in law Staff Authority Project A Engineer Supervisor Project B Engineer Supervisor Team of Three Engineers Team of Three Engineers ORGANIZATION CHART: LINE AND STAFF AUTHORITY

Principles of organizing

Manager are responsible for taking all decisions and make company better placement and generate good profit based on accurate management practice.

They are modified or completely ignored.

Division of Labor

A principle of organization is that a job can be performed more efficiently if the jobholder is allowed to specialize.

Unity of command

In unity of command superior and subordinates are responsible to reports each other. Those are main managerial post they have to act psychological way to control all employees of the organization. It is for better management practice and for organization development. Each and everyone should responsible for others in inside the organization and it makes good unity of command.

Principles of Organizing Span of Control

How to make organize functional structure

A structure in which each unit or department has a different set of activities and responsibilities. Managing Director Director – HRM Director – Marketing Director – Finance

How to develop and organize business in functional structure Avantages:

The specific set of activities?

Day by day become skilled?

Stable improvement?

How to develop and organize business in functional structure Disavantages:

 Disadvantages:

If necessary the coordination, the situation becomes obstruction

Lack of flexibility

Slow in reacting  

Forms of Business

Introduction to Business FUNDAMENTALS OF MANAGEMENT

Chapter # 7 PART II

Management Roles

The role is a set of expected behaviors. For example, a man may play the role of a father.

As such he serves as a role model; he is expected to be kind, understanding, helpful, and a good example to his child. Similarly, a manager is expected to serve a number of roles and to be a good role model to his employees Management Roles A manager has three major roles to perform:

Interpersonal

Informational

Decision-making Management Roles

Management Roles Interpersonal Roles

The manager must be in frequent contact with ‘others to fulfill the organization’s objectives. Part of these activities require the manager to lead subordinates. Leadership is essential for influencing employees’ behavior and performance.

An important feature of influencing others need to have ability to communicate confidence and mutual respect. Management Roles Information Roles The manager is at the center of the business activities. He or she should have a total picture of the group, its strengths and weaknesses, and its needs. With this knowledge, managers process information flowing to and from the group, feeding the relevant information. Management Roles

For decisions making manager need to take responsibilities.

The manager should have to take elaborate informations to take opinion, consider the present situation, analyze the resources available and then tie this all together before reaching a decision. The information available from situation to situation. Core Management Skills Management Skills The ability to use knowledge, behaviors and aptitudes (capacity) to perform a task.

Different types of Skills?

Technical Skills?

Human Relations Skills?

Conceptual Skills Core Management Skills Technical skill is the skill that includes knowledge of and proficiency in a certain specialized field.

Skills involved in making a product or providing a service.

Technical skills are especially important at the first level management. ?

Technical Skills?

Human Relations Skills Human skill need to work with ability well with other people both individually and in a group. The ability to relate and interact with subordinates, peers, superiors and customers or clients.

Core Management Skills Conceptual skill :

It is conceptual skill to abstract situations, to see the organization as a whole and the relationships among its various subunits and to visualize how the organization fits into its broader environment.

If we want to run any business and control any top organization then at first we have to be knowledgeable in conceptual skills. Like if anyone is working in UK and get understand about conceptual skill also if he/she study any organization then they will able to understand organization philosophy.

END OF PART II

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