Wednesday, July 24, 2019

Is there 'one best way' to manage an organisation Essay

Is there 'one best way' to manage an organisation - Essay Example Organizational management is not one but a set of practices aimed at managing the business or an organization,its employees and other stakeholders.The set of practices for organizational management intends to bring the people of the organization into a common platform and instill common objectives in order to achieve the organizational goals.Managing an organization or a business includes an underlying plan of optimal allocation of resources in the business process and then establishing systems to control the performance of the organization in line with the set standards (White, 1926). Managing an organization effectively indicates good management of the employees and getting them aligned with the mission and vision of the organization. The roles and responsibilities of the manpower resources are allocated and expectations from the people of the organization are explained in the process of organizational management. Managing an organization The organization is a place where people fr om diverse background and having varying educational levels come to work in a common platform with their individual vested interests. It is obvious that the people in the organizational workforce would have different culture, habits, beliefs and ideologies. This would create differences between the manpower resources as well as alignment between manpower resources of same ideology. The result is the formation of several groups among similar people in the organization (Singla, 2013). ... The ways of managing an organization involve a set of practices which include planning, organizing, staffing, leading, control, management of time and motivating people to meet the organizational goals. Planning is the foremost step of managing an organization. In order to achieve the goals in line with the objectives of the organization, a proper plan should be prepared for implementation that takes into account the opportunities, limitations and risks associated with the process (Hatten, 2011). The planning not only includes the ways to manage the people and the workforce for carrying out the activities but also considers finances required and the available assets to carry out the business functions. The plan involves the budgeted expenses and the sources of finance in order to meet the expenses. Both the financial and the non-financial aspects are planned in order to effectively manage the organization. The next step is the organization of the resources as per the plan in order to fulfill the required usage. The resources that have planned for usage are allocated in the appropriate paces according to the fulfillment of the suitability criteria (Keith and  Gubellini, 1958). The organization of the resources including land, labor, capital and enterprises leads to the outcome of optimum results in the business process. The productivity levels of the organization are enhanced with proper organization and marshalling of resources. The tasks of the business process are completed in due time and this result in the increase in the business turnover. The profitability of the business could be maximized and this results in the generation of the desired cash flows. The

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