Organization - Meaning, Functions and It's Features

Organization - Meaning, Functions and It's Features

Definition

Organizing is the process of establishing orderly uses of all the organization's resources within the management system. Organization, on the other hand, is a group of people working together to accomplish a goal.

Need for Organization Management

• Organization management gives a sense of security and oneness to the employees.
• An effective management is required for better coordination among various departments.
• Employees accomplish tasks within the stipulated time frame as a result of effective organization management.
• Employees stay loyal towards their job and do not treat work as a burden.
• Effective organization management leads to a peaceful and positive ambience at the workplace.

Types Of Organization

Organizations can be divided into 3 types:

• Functional

• Divisional

• Matrix

For overall functions, the Functional types has been the most prevalent form of organization being implemented today for it's major pros over other types. Some advantages of Functional Organization are:

• Suited to a stable environment

• Fosters development of expertise

• Offers colleagues for specialists

• Requires little internal coordination

• Requires fewer interpersonal skills

Committees

Committees are effective means of pooling the expertise of different members of an organization and channeling their efforts towards a common goal. Some common committees that are directly associated with the shipping industry are:

• Shipboard Management Committee (SMC)

• Shipboard Safety Committee

Essential Features of Organization Management

Planning

• Prepare an effective business plan. It is essential to decide on the future course of action to avoid confusions later on.

• Plan out how you intend to do things.

Organizing

• Organizing refers to the judicious use of resources to achieve the best out of the employees.

• Prepare a monthly budget for smooth cash flow.

Staffing

• Poor organization management leads to unhappy employees who eventually create problems for themselves as well as the organization.

• Recruit the right talent for the organization.

Leading

• The managers or superiors must set clear targets for the team members.

• A leader must make sure his team members work in unison towards a common objective. He is the one who decides what would be right in a particular situation.

Resources:

https://www.managementstudyguide.com/organization-management.htm