Features of Business Organizations

An organization is the association of persons for achieving certain objectives. An organization is a social system wherein its members try to achieve their private goals while achieving the organizational goals. The seemingly contradictory goals are resolved by effective organizational behavior.   The organization has some objectives which are attained by organizing the activities of their member. An organization for business purposes is commonly known as a corporate body or a corporation or a company or formally established business unit. It is dynamic and ever changing as per the needs of society, its members, corporate objectives and environmental changes. Men form and develop organizations because they are unable to achieve the desired goals individually. They evolve different forms of organization according to their needs. An organization is a composition of people having different authorities and responsibilities to utilize existing resources for achieving the organizational objectives. Common  Features of Business Organizations Continue reading

Evaluation Concept in Management

Definitions of Evaluation in Management Evaluation is the analysis and comparison of actual progress vis-à-vis prior plans. Evaluation is oriented toward improving plans for future implementation to ensure improved performance. Evaluation is part of a continuing management process consisting of planning, implementation, and evaluation. Ideally each of these steps follows the other in a continuous cycle until successful completion of the activity. Evaluation involves comparison of actual performance against benchmarks or standards of performance to establish the extent of fulfillment of goals and identify gaps in performance to suggest remedial courses for ensuring that in the end all ends well, that is fulfillment level is 100%. The goals vary depending on the situation, participants and issues. Evaluation is the systematic and objective assessment of the relevance, efficiency, effectiveness, sustainability, and impact of development interventions or programs. Evaluation is the assessment of how well a project/activity achieved its objectives. Evaluation may Continue reading

Managerial Skills and Roles

Managerial Skills Managers at every level in the management hierarchy must exercise three basic types of skills: technical, human, and conceptual. All managers must acquire these skills in varying proportions, although the importance of each category of skill changes at different management levels. Technical skills: Technical skills refer to the ability and knowledge in using the equipment, techniques and procedure involved in performing specific tasks. These skills require specialized knowledge and proficiency in the mechanics of a particular. Technical skills lose relative importance at higher levels of the management hierarchy, but most top executives started out as technical experts. Human skills: Human skills refer to the ability of a manager to work effectively with other people both as individual and as members of a group. Human skills are concerned with understanding of people. These are required to win cooperation of others and to build effective work teams. Conceptual skills: Conceptual Continue reading

Conceptual Perspectives on Management

Management has become a part and parcel of everyday life, be it at home, in the office or factory and in government. In all organizations, where group of human beings assemble for a common purpose, management principles come into play through the management of resources, finance and planning, priorities, policies and practice. Management is a systematic way of carrying out activities in any field of human effort. Efficacious and effective management is not possible without in-depth knowledge of the organisation which is being managed. Organisational knowledge is absolutely critical to building, preserving and leveraging institutional excellence. It is like the air you breathe-you cannot measure it, touch it, or see it but you cannot survive without it. The basic elements of management are always there whether we manage our lives or our business. In fact, management is used knowingly or unknowingly by everybody born as human being on this earth. Continue reading

Ten Personality Factors in Organizational Behavior

Personality is a complex, multi-dimensional construct and there is no simple definition of what personality is. Salvatore R.  Maddi  defines personality as, “A stable set of characteristics and tendencies that determine those commonalities and differences in the psychological behavior and that may not be easily understood as the sole result of the social and biological pressures of the moment”. All individuals have some universally common characteristics. Yet they differ in some other specific attributes. This makes it difficult for the managers to assume that they can apply same reward types or motivation techniques to modify different individual behaviors. The definition, however, does not mean that people never change. In simple terms, it asserts that individuals do not change all at once. Their thoughts, feelings, values and actions remain relatively stable over time. Changes in individual’s personality can, however, occur gradually over a period of time. The managers should, therefore, attempt Continue reading

Leadership Qualities – Top Qualities that Make a Great Leader

Leadership is a process of influencing the behavior of people at work towards the achievement of specified goal. The following elements must be present in the leadership: It is the process of influence; The influence is always for achievement of common goal; There must be minimum two or more persons present; influencing your own behavior is not leadership. The influence should be to get the willing co-operation of the employees and not the forceful co-operation. Most Important  Leadership Qualities A person must possess the following qualities to be a good and effective leader. Physical qualities. Good physical features attract people. Physical features like height, weight, health and looks of person attract and individual. Healthy and smart leader can him also work hard and he can induce his subordinates also to work hard. Knowledge, Intelligence and Scholarship. A leader must be able to examine every problem in the right perspective or Continue reading