It is the common thread that runs through all activities such as purchase, production, sales and finance to ensure continuity in the working of the organisation. Identify the concept of management
Answers
Answer:
Explanation:
Hi!
The common thread that runs through all aspects and activities of an organization is Coordination.
It is not a separate function of management but the backbone for an organization and all its functions. Through coordination, all individual efforts are synchronized and harmonized to achieve a common goal for the whole organization.
I hope that answers your question.
Answer:
Coordination
Explanation:
Coordination is the force that binds all the other functions of management. It is the common thread that runs through all activities such as purchase, production, sales, and finance to ensure continuity in the working of the organisation.
IMPORTANCE
(i) Growth in size: As organisations grow in size, the number of people employed by the organisation also increases. At times, it may become difficult to integrate their efforts and activities. All individuals differ in their habits of work, background, approaches to situations and relationships with others. It becomes necessary to ensure that all individuals work towards the common goals of the organisation. But employees may have their own individual goals also. Therefore, for organisational efficiency, it is important to harmonise individual goaland organisational goals through coordination.
(ii) Functional differentiation are Functions of an organisation d divided into departments, divisions an 1 sections. In an organisation there ma be separate departments of finance production, marketing or Human resources. All these departments may have their own objectives, policies and their own style of working. For example, the marketing department's But, the finance department may not approve of such discounts as it means loss of revenue. These kinds of I conflict arise in organisations because each unit/department is performing activities in isolation from others and barriers between departments are becoming more rigid.
However, all departments and individuals are interdependent and they have to depend on each other for information to perform their activities. The activity of each department needs to be focused on attainment of common organisational goals. The process of linking the activities of various departments is accomplished by coordination.
(iii) Specialisation: Modern organisations characterised are by a high degree of specialisation.
Specialisation arises out of the complexities of modern technology and the diversity of tasks to be performed. Organisations, therefore, need to employ number of specialists. Specialists usually think that they only are qualified to evaluate, judge and decide according to their professional criteria. They do not take advice or suggestions from others in matters pertaining to their area of specialisation. This often leads to conflict amongst different specialists as well as others in the organisation. Therefore. some coordination is required by an independent person to reconcile the differences in approach, interest or opinion of the specialists.