An organization is a social arrangement for achieving controlled performance in the pursuit of collective goals. This definition stresses on the fact that people in an organization interact with each other in order to achieve some objectives. In the field of organization design, a contemporary organization can be defined as a business that uses up-to-date knowledge, processes, and strategies to implement its plans within a cohesive strategy with keeping in mind the organizations future. Contemporary organizations are primarily leaders in exploring business and management trends, such as strategic alliances, and the virtual office. These trends are often explored without the knowledge of anyone; however the organization is able to integrate them and the discrete elements in the overall cohesive business Continue reading
Management Basics
Guidance in Management
The Concept of  Guidance Guidance in management  can be defined as: – “The act or process of guiding” or “The one who shows the way by leading, directing, or advising. “ or “The one who serves as a model for others, as in a course of conduct.” Good manager guide their employees to continually learn new skills and work toward organizational goals, while being sensitive to their needs. This kind of guidance gives employees a vested interest in their organization, which will affect the quality of their work. The good manager is a leader, not an order giver. When a manager tells an employee what he want done, instead of giving an order, the manager give their employees the freedom Continue reading
Characteristics of Operational Decisions
Operational decisions are what make your business strategy real and ensure that your organization runs effectively, right down to the front-lines interacting with your associates. To ensure that operational decisions are effective, you need to manage operational decision making. Â Operational decisions helps the organization to understand some fundamental cost-volume relationship relate to the operation in the company. In operational decision making, the decision makers have to consider about volume, latency, variability, managing risk, self service and personalized. Volume is the number of decisions of a specific type that decision makers made must be high. The volume can cause problems or exacerbate another decision problem, such as compliance and risk assessment. Besides that, latency means when you could foresee problem is Continue reading
The Effect of Organizational Structure on Innovation
Organizational structure is the skeleton system based on which an organization functions. Â Organizational structure deals with the framework which defines the relation between people and positions in the organization. Organization structure is defined as the formal system of task and reporting relationships that controls, coordinates and motivates employees so that they cooperate and work together to achieve an organization’s goals. Several tasks are to be implemented in an organization, for these organizational tasks to be successful, they should be coordinated. Organizational structure supports division of work, categorizing the tasks and supervision in an organization. An effective organizational structure aids the efficient running of an organization. The factors that govern the formulation of an organizational structure are benefits of channelizing the Continue reading
Confidence and Success
Confidence is a funny thing — sometimes it’s difficult to imagine why someone doesn’t feel confident about their ability to handle a situation when we know they could easily do it. A key issue to understand is that inside all of us there’s a voice which determines how we react to many of life’s situations.  It’s a voice which tells us which things we’re good at and which things we’re likely to fail at. It’s a voice we generate ourselves based on many years of experience of life. Very often it can be helpful but it can also be a great handicap. Never underestimate the power of positive thinking.  Every day we hear about human achievements which initially, Continue reading
Delegation – The future of People Management
Many managers or team leaders feel quite threatened by the whole concept of delegation — after all they may have taken some time to reach their current position, so why should they start to give their much coveted job away? Benefits of effective Delegation Benefits to the organization: Optimum use of staff resources Tasks performed at the cheapest rate consistent with quality Wider ownership of company mission and objectives Reduce vulnerability to unexpected absences Benefits to the manager: Free time for more vital tasks Develops staff for wider role Increased staff motivation Spreads the ownership of achieving departmental objectives Benefits to the individual: Develops increased skills or knowledge Motivation Shows wider view of the company Builds trust and confidence Trying Continue reading