Premium Essay

Organisation and Business Management

In: Business and Management

Submitted By mpandec
Words 936
Pages 4
INTRODUCTION
For every organisation to achieve its goals and objects, it should have a management that aims to perform best at its functions. This is because every organization or business aims at accomplishing the targets set at the stipulated time. This essay will discuss organisational management and the four major functions of management which are planning, organising, leading and controlling. The functions of management will indicate how they can help a company in this case IIL address the challenges its facing as it tries to achieve its long term plan of marketing the company's products and expanding locally and regionally.
DEFINATION OF CONCEPTS
Organizational Management is a common management style for modern small businesses. The organizational method allows managers to break down the entire operation of a department into several phases. Dividing operational functions into sections allows management to obtain a clear picture of what the goals of a department are and how to implement the goals most effectively. It also allows managers to respond rapidly to factors that affect the internal or external expectations of company (quote). according to .............. organisation of management is also defined as...............................
THEORITICAL FRAMEWORK
Organisational management is also defined as the process of planning, organising, leading and controlling resources within the entity with the overall aim of achieving its objectives.
Planning
Planning is the management function that involves setting goals and deciding how to best achieve them. Setting goals and developing plans helps the organization to move in a focused direction while operating in an efficient and effective manner. Long-range planning essentially is the same as strategic planning; both processes evaluate where the organization is and where it hopes to be at some future point.…...

Similar Documents

Premium Essay

Management & Organisation

...------------------------------------------------- UNIVERSITY OF TECHNOLOGY SYDNEY ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- FACULTY OF BUSINESS ------------------------------------------------- Graduate School of Business ------------------------------------------------- ------------------------------------------------- Management & Organisations - 21800 ------------------------------------------------- ------------------------------------------------- Student Name: Arijit Banerjee ------------------------------------------------- ------------------------------------------------- Student Number: 11294636 ------------------------------------------------- ------------------------------------------------- Lecture Day: Monday 9 AM to 12 PM ------------------------------------------------- ------------------------------------------------- Lecturer: Dr. Walter Jarvis ------------------------------------------------- Tutor: Ms. Alison Lee ------------------------------------------------- ------------------------------------------------- UTS: BUSINESS SCHOOL OF MANAGEMENT PART A: The educational system in any country around the world is, by no doubt, designed to meet the ever growing hunger of Industrialization. Dubbed by Sir Ken Robinson (2010) as “the fast food model”,......

Words: 3456 - Pages: 14

Premium Essay

Business Organisation

...Integration and Global Markets to Uk Business Organisations International trade is the exchange of goods and services between countries. The exchange includes import that the countries buy goods or services from other countries outside and export that the countries sell goods or services overseas. Trading of goods is available with clothes, food, stocks, wines, jewellery and many more products. Trading of services is also done like banking, consulting, tourism, or transportation. The international trade play an important role in the development of a country’s economy in general and in the development of an individual organisation in particular. Essentially, international trade help a country become richer because rather than the country tries to produce every products which encompass products with no comparative and absolute advantages by itself, it could specialise some particular products which have the absolute and comparative advantages. Many countries are gifted with natural resources; therefore, they can manufacture products with cheaper production cost and sell at cheaper prices. International trade allows countries and customers have more chances to expose services and goods that are not available in their own country. There are many benefits which international trade can bring to organisations. They are as follow: - It helps organisations expand its competitiveness and market shares in both domestic market and foreign markets. - Organisation will be provided new......

Words: 292 - Pages: 2

Premium Essay

Management and Organisation

...Saf. 2009; 35(12):604-612. McSherry R, Pearce P. Clinical Governance: A guide to implementation for healthcare professionals, 2nd ed. Oxford, UK: Blackwell Publishing Ltd, 2007 Collins, J. (2001) Good to great. New York. HarperCollins Dubrin, J. (1997). The complete idiots guide to leadership. Madison, WI: CWL Nahavandi, A. (2003). The art and science of leadership. New Jersey. Prentice hall. Courpasson, D. & Clegg, S.R. 2012, 'The polyarchic bureaucracy: Cooperative resistance in the workplace and the construction of a new political structure of organizations', Research in the Sociology of Organizations, vol. 34, pp. 55-79. Brewis, J. 2007, 'Culture', in D. Knights & H. Willmott (eds), Introducing organizational behaviour and management, Thomson Learning, London, pp. 344-74. 5 Welch, F. 1975, 'Human capital theory: Education, discrimination, and life cycles', The American Economic Review, vol. 65, no. 2, pp. 63-73. Bass, B. (1985). Leadership and performance beyond expectations. New York: Free Press. ...

Words: 2149 - Pages: 9

Premium Essay

Business Organisation

...and retail shop in Britain. Having more than 900 stores the Superdrug is a UK based company and since 2006 they includes the Republic of Ireland. With more than 16,000 employs the Superdrug has offered fragrance and pharmacy with their consultation rooms. Being the duty manager of one of these stores required some special personal and professional skills to maintain their highest quality. Background Managers need certain skills and knowledge in both personal and professional levels to run a super store smoothly. Personal skills can be grouped into three different categories; which includes self-management, independent learning and goal skills. Four skills from personal skills category and four professional skills as time management skills, leadership skills, negotiating conflicts skills and presentation skills will be discussed in this paper. Personal skills Self-management is the ability to control emotions so that they do not control us. It is the technique to guide to control emotions, to find out and avoid our emotional triggers and also find and prevent the ability of thinking which can guide to emotional breakdowns. (Mersino, 2007) Managers need to be considerable which build a good relationship with his employees. To be considerate and respectful and giving proper time to the employees to complete a job makes the employees feel good to their manager. Managers must have confidence and positive attitude. With positive attitude the managers can achieve their goals...

Words: 1299 - Pages: 6

Premium Essay

Organisation and Management

...Stenroos Spring 2013 [pic] MKB1011 ORGANISATION AND MANAGEMENT, 5 crs ASSIGNMENT The idea of this individual assignment is to “convince me of your learning”. The “grade” of your efforts is determined based on the 15 questions. The following key will help you to determine your desirable grade for this assignment: Minimum of 10 proper answers: 1 Minimum of 11 proper answers: 2 Minimum of 12 proper answers: 3 Minimum of 13 proper answers: 4 14 or more proper answers: 5 So all you need is to pick out 14 questions and answer them in a professional student’s way. You are asked to utilise the existing knowledge to be found in lectures, books, articles and information available in Moodle or published in Internet. However, cut-and-paste method doesn’t meet the criteria of learning. In report you must clearly make distinction between references and your own text. Without proper references in text and a comprehensive reference list the paper is assessed with a grade of fail. For instructions, see chapters 4.4. and 5 in Thesis instructions (http://www.karelia.fi/lomakkeet/opinnayte/Thesisinstructions2013Karelia1.pdf). Deadline for handing in the paper is June 10, 2013 (return folder in Moodle). Address papers, as well as potential questions, to Ari Stenroos, (Ari.Stenroos@karelia.fi, +358-50-5632182). Management 1. Compare Management theories such as classical approach, human......

Words: 677 - Pages: 3

Premium Essay

Bmom5203 Organisation and Business Management Assignment

...Image FACULTY OF BUSINESS MANAGEMENT Shape BMOM5203 ORGANISATION AND BUSINESS MANAGEMENT Shape ASSIGNMENT MAY 2014 Trimester Date Assigned: 25th May 2014 Due Date: 08th July 2014 Lecturer: MUHAMMED TARIQ Weighting: 60% ANSWER GUIDE This assignment consists of ONE (1) question. This is an individual assignment. The assignment will be evaluated based on accurate explanations which fulfilled the requirements of the questions and supported by credible points. The assignment should be 8-10 pages long excluding references and appendix (if any). The assignment should have by minimum the following contents: Introduction: Overview of existing company structure and design Analysis: Factors influencing Organizational structure and types of authority Evaluation: Span of Control and Centralization /Decentralization Conclusion and Recommendation in context to comparison of two projects You are required to undertake some degree of research through scholarly articles and other materials such as newspaper articles available to support your analysis and evaluation. References in APA style must be included and taken from reliable sources such as books and journals. Refer to: http://www.emich.edu/halle/style_guides.html to view the details and samples of APA style. Plagiarism,......

Words: 464 - Pages: 2

Premium Essay

Business Organisation

...are more important than any stockholders, the workers, or the management. Without customers, there is no business. So the main purpose of the business organization is to serve and satisfy its customers. The organization’s vision statement provides the future state of the organization to strive to reach. With the good leaders in the organization, it will create synergy and vision. An organisation is an organized group of people with a particular purpose, such as a business or government department. A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called nonprofits, are formed for public purposes. These businesses often raise money and utilize other resources to provide or support public programs. Here are some examples of organisations. • A multinational car manufacturer (eg Toyota) • A local authority • An accountancy firm (eg Ernst and Young) • A trade union (eg TUC (trade union congress) • A charity (eg Oxfam) • An army An organisation is an organized group of people with a particular purpose, such as a business or government department. A business organization is an individual or group of people that collaborate to achieve certain commercial goals. Some business organizations are formed to earn income for owners. Other business organizations, called nonprofits, are formed for public......

Words: 724 - Pages: 3

Premium Essay

Management & Organisations

...Is it really more fun what we need at today’s contemporary workplaces? Why? Why not?  It has been proof that work does not require “serious” employees to be effective and lucrative. The joy of having fun at work releases employees from compulsory behaviours and the success of the business is not resultant of dispassion, control and power (Yerkes, 2007). Even excess of fun is not good, but the balance. The companies cannot disregard the fundamentals but they can combine them with fun. Furthermore, fun can be either structured or spontaneous but in a perfect reciprocal relationship, fun makes work appreciated, gratifying and profitable. Conclusion It has become commonplace to assert that organizations need shared meaning, and this is surely so. But shared meaning is about more than fulfilling your mission statement—it’s about forging and maintaining powerful connections between personal and organizational values. When you do that, you foster individuality and a strong culture at the same time (Goffee & Jones, 2013). the dream organization is free of arbitrary restrictions. But it does not obliterate all rules. Engineers, even at Arup, must follow procedures and tight quality controls—or buildings will collapse. Organizations need structure. Markets and enterprises need rules. As successful entrepreneurial businesses grow, they often come to believe that new, complicated processes will undermine their culture. But systematization need not lead to bureaucratization,......

Words: 563 - Pages: 3

Premium Essay

Organisations&Management

...People working in an organisation are its greatest asset and the oil for human resources is Motivation. Dwight D Eisenhower gave a perfect explanation of motivation when he said that “Motivation is the art of getting people to do what you want them to do because they want to do it” (Class Act Media LLC, n.d.). Ryan & Deci (2000) affirm that to be motivated means “to be moved to do something”. A person who feels no inspiration or thrust to act is categorized as being unmotivated, whereas someone who has a boost towards attaining an end is considered motivated. There are three groups of major motivational theories Motivation embodies the forces acting within an employee that cause this same employee to behave in a particular, goal-directed manner and the motivational process begins with identifying a person’s needs. Motivational theories try to explain what give reasons to people to behave in the manner that they do and what is a spur for them to perform better. This especially applies to employees where motivation gives reason to an employee to commit further and perform at peak levels. There are several motivational theories that can be used at the workplace and these range from probably the most renowned motivational theory, that is, Maslow’s hierarchy of needs theory, going on to Herzberg’s two factor theory, then on to Vroom’s expectancy theory, followed by McClelland’s achievement motivation model and then McGregor’s famous Theory X and Theory Y. ......

Words: 448 - Pages: 2

Free Essay

Business Organisation

...Business Environment Ahmed Thahuseen Business Environment Contents Executive Summary ......................................................................................................................................... 1 P 1.1. The purpose of different types of organisation. .................................................................................. 2 P 1.2. The extent to which an organisation meets the objectives of different stakeholders. .................. 3 P 1.3. The responsibilities of an organisation and strategies employed to meet them. .......................... 4 P 3.3.The business and cultural environments shape the behaviour of an organisation ........................ 4 Conclusion ....................................................................................................................................................... 5 Reference ......................................................................................................................................................... 5 Business Environment Executive Summary This report pertains to purpose of different types of organisation and their responsibilities towards stakeholder. Additionally, this report analyse the effects of business and cultural environment to organisation. This repots is based upon one the largest financial institution in the Maldives, Bank of Maldives PLC. PAGE 1 Business Environment P 1.1. The purpose of different types of......

Words: 1687 - Pages: 7

Premium Essay

Management of Organisation

...and to develop my research skills, which will be invaluable for future projects. Regards, Chun-Chang, Tseng Executive Summary This report provides a described about the negative impact from the wrong leadership decision-made in Siemens. It provides two plans to solved the scenario and discuss how to access the two plans. Methods of solved the scenario are establishment corporate social responsibility and changed the leadership style to transformational leadership. Both the plans are able to improve the worst situations. Results of case analysed show that to help organisation transform reforming is an important direction for the company to reinvigorate. The report finds CEO is the helmsman of a company in future course. The correct leadership decision-making is the key to survival and development in a company. The role of CEO is not only policy direction, but also led the organisation to fulfill the task. CEO must be able to motivate employees, and to maximize employees' work efficiency. Moreover, in the process by enhancing the competitiveness of enterprises in the process, CEO often gained experience and growth with the company. It is recommended: * Through transformational leadership is able to continued research and development of new technologies, it will result in China rely on Siemens more than before. * A right leadership decision-making could allow the company rebirth on the verge of collapse. * Hired a CEO with far-sighted......

Words: 3841 - Pages: 16

Premium Essay

Management of Organisation

...and more than 220 countries around the world (FedEx, 2015). All this was a possible thanks to FedEx’s global acquisition strategy, the main competitive advantage, which has given the company a unique ability to access various markets around the globe. The multiple built firms and companies acquired by FedEx in various countries have all been integrated into a special widespread infrastructure, consisting of four segments - FedEx Express Segment, FedEx Ground Segment, FedEx Freight Segment, FedEx Services Segment (oz, 2015). 1.1 Industry Type Federal Express Corporation (FedEx) was a deliver services company in the world. It is the broad portfolio of transportation, e-commerce and business services. The annual revenues is about $45 billion, and the company offers integrated business applications through operating companies competing collectively and managed collaboratively, under the respected FedEx brand. Consistently ranked among the world's most admired and trusted employers, FedEx inspires its more than 300,000 team members to remain "absolutely, positively" focused on safety, the highest ethical and professional standards and the needs of their customers and communities (oz, 2015). 1.2 Competitors Federal Express Corporation (FedEx) was a Transportation & Logistics Company and services are provide to worldwide and also provide fester mail transportation service by the FedEx airline. There are a lot of competitors that are endangering to FedEx and the......

Words: 5168 - Pages: 21

Premium Essay

Business Organisations

...BFA141 Commercial Transactions Semester 2 2014 Tasmanian School of Business and Economics Faculty of Business Additional Teaching Information - Tutorial Program Unit Coordinator Peter Dixon CRICOS Provider Code: 00586B Contact details Unit coordinatorand Launceston lecturer: | Peter Dixon | Campus: | Launceston | e-mail: | Peter.Dixon@utas.edu.au | Phone: | +61 3 6324 3329 | Fax: | +61 3 6324 3369 | Room number | A245 (Launceston) | | | | | Other teaching staff with offices on campus Lecturer & Tutor Tom Baxter Campus: Hobart e-mail: Tom.Baxter@utas.edu.au Phone: (03) 6226 2803 Fax: (03) 6226 7845 Room number 423 (Hobart) Tutor: John Streeter Campus: Launceston e-mail: John.Streeter@utas.edu.au Phone: (03) 6324 3061 Fax: (03) 6324 3369 Room number D110 (Launceston) Tutor: Yonna Pankiw Campus: Hobart e-mail: Yonna.Pankiw@utas.edu.au Phone: TBA Fax: (03) 6226 7845 Room number: TBA Staff will advise their consultation hours. BFA141 Commercial Transactions Assessment Rubric for Tutorial Workbook (10% of final result) Criteria | HD (High Distinction) | DN (Distinction)70-79% | CR (Credit)60-69% | PP (Pass)50-59% | NN (Fail)0-49% | | 90-100% | 80-89% | | | | | Prepare for tutorials(Weight = 45%) | Completes all set tutorial tasks before class demonstrating a commitment to preparing detailed answers | Attempts all set tutorial tasks......

Words: 6404 - Pages: 26

Premium Essay

Management and Organisation

...[pic] Specialist Diploma in Construction Management CM 107 Management & Organization Group Written Assignment Lecturer Name: Dr. Michael Fong Students Name: Submission Date: 21st October 2008 [pic] Executive Summary [pic] Sustainability as a term or phenomenon has been receiving increased attention all around us. There seem to be a high focus on sustainability, sustainable development and sustainable work systems. Within the context of work organization and organizational behavior, sustainability refers to the continuous development of individuals, teams and organizations. Sustainable work systems relates to the understanding, designing and development of the basic elements that form culture and organization culture, what influences it, and how work systems are influenced by it. Through this assignment, an attempt has been made to study how organization structure, culture and leadership play a critical role when it comes to individual, group and organization’s sustainable effectiveness. The most appropriate structure for an organization depends on its context in terms of goals, environment, technology, size and culture. And the culture of an organization is like air; it is everywhere we look, and it touches everything that goes on in organizations. Organization culture is both the cause and an effect of organization behavior. A strong culture powerfully shape an organization’s long term success. The culture of an organization......

Words: 4234 - Pages: 17

Premium Essay

Organisation and Management

...KEY ACTIVITIES: 6.1. What key activities do our value propositions require? In order to create value propositions for their clients IBM has a process of strategic key activities in which they carry out to ensure they meet both customer and organizational requirements. These key activities are: * To understand- the client’s business and needs and confirm the reason for why the client wants to act. IBM does this through client value approach planning, cross band opportunity planning and identifying any complexities. * Explore- options and approach in order to develop the clients perception of IBM’s value proposition. IBM does this through conducting value driven proposals, standard solution approaches, and client management. * Develop- and agree to client solutions in order to confirm that the clients delivery expectations are being met. IBM does this through using a standard solution design process, end to end delivery ownership, aligned quality checkpoints, end to end risk management and client value deal management. * Implement- Client solution to confirm that the delivery expectations have been met. IBM does this using existing delivery methodologies, delivery issues- single point contact, delivery insight reviews, teams, and delivery rewards and recognition. * Confirm- client value and experience to confirm the use as intended by the client, this is done by using ‘client value assessments’ such as transaction and relationship surveys as......

Words: 627 - Pages: 3