The nature of planning can be understood by examining its four major aspects. To sum up, it is the cause that defines one’s contribution to society through work. The process of … When explicitly expressed, it is often in the form of a mission statement. The main purpose of management is to get the job done in the specified time to achieve the desired goal. Nature of Organisation • Whole is more than sum of parts • Division of work, authority and responsibility • Orientation towards goals harmony of individual goals with organization • Division of labor and specialization • Selection of appropriate individuals for the tasks • Composition of individuals and groups But they also exist to make a difference. Nature Of OrganizationFormal & Informal Organization:Formal organization characterized by intentional structure of Roles & Responsibilities coordinated towards achievement of common goals.Informal organization is characterized by group of people within the organization having common values, interests & desires. And employees of the organization should find the Purpose inspirational and motivational. Through work, individuals can make a difference. The mission might be implied to its members or explicitly expressed to them. “the scope, extent and importance of the nature of planning tend to decrease as we descend toward the lower levels of management and approach the point of execution of the plan”. Organization's Purpose and Priorities Mission. All of the people in an organization should be working toward a common purpose. All of the work carried out by the organization revolves around this particular goal, and it has to align its internal resources and external environment in a way that the goal is achieved in rational expected time. They are; ... every plan and all its support should contribute to the achievement of the organization’s purpose and objectives. An organized enterprise exists to accomplish group objectives through willing and purposeful co-operation. UNIT 3. The purpose of an organization is to accomplish the goals and objectives as indicated within the organization's vision statement. Businesses exist to make a profit. Organizations must be clear on their Purpose. The main purpose of control is to see that the activity is achieving the desired results. ORGANISING – nature and purpose – Formal and Informal Organisation – Organisation chart – structure and process – Departmentation by difference strategies – Line and staff authority – Benefits and limitation – Decentralsation and delegation of authority – staffing – selection process – Techniques – HRD – Managerial Effectiveness. Providing information to investors, promoters, debt provider and creditors which is used to enable them to male rational and prudent decisions regarding investment, credit etc. An organization is generally established with a goal in mind, and this goal defines the purpose for its existence. NATURE OF MANAGEMENT 1.0 Objectives 1.1 Introduction 1.2 Management: Meaning and Definition 1.3 Nature of Management 1.4 Importance of Management 1.5 Functions of Management 1.6 Management as an Art, a Science and a Profession 1.7 Levels of Management 1.8 Managerial Skills 1.9 Distinguish between Management, Organization A control system, to be effective, must conform to the nature of activity, report deviations promptly, reflect organization structure, assure corrective action and be economical. As pointed out by H.G. Coordinates the Activities: Coordination is an important factor for the smooth functioning of an organization. 8. Hicks, Providing information to the management of an organization which is used for the purpose of planning, analysis, benchmarking and decision making. Nature of management is all pervasive activity,which is required in all organizations regardless of the position or nature of the organization.It is essential element in all enterprises. That purpose is often referred to as the mission.
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