Custom Search

Popular Posts

Showing posts with label Strategy. Show all posts
Showing posts with label Strategy. Show all posts

Thursday, February 23, 2017

MANAGEMENT OF ORGANISATION

Why is an organization created? What is its purpose? How best can it achieve that purpose? What methods and means will it employ to achieve the purpose? Various terms and concepts of mission, objectives, strategy, policy, programmes and procedures which will help you understand the management of organizations.

1.  MISSION
The mission is the very reason and justification for the existence of a firm. Mission is always defined in terms of the benefits the firm provides to its customers and not in terms of any physical dimensions of the firm or its products.

A firm exists and functions only in relation to the customer whose need(s) it satisfies.. If there were no customers there would be no firm. Thus the starting point for, defining the mission of any business is its customer. Since the customer exists outside the business, the mission must be defined from the outside. The firm must ask the questions "What is our business?" and "What should it be?" but seek the answer from the customer's viewpoint.

READ MORE...

Thursday, November 26, 2009

Factors of Change

Discuss major factors which are responsible for change in an organization ? how the successful organisation maintained their success ?

Ans: In the last two decades there has been a change in organizations for some very good, mutually supporting reasons and the one needs to find ways of managing, suited to specific, strategic circumstances.

What are successful organization ? in the business world, they have three characteristics:

• They are more profitable than their counterparts,
• They are growing faster than their competitors, and
• They are recognized as leader of at least some part of industries.


Most important of all, is there any reason to hope for a renaissance of management that can create a better world ? This is question where the rule and not the exception, is successful organizations run by happy people; where the goals of organizations inspire passion and not problems, where leaders coach and counsel rather than command and control; and where we know hoe to sustain these characteristics in the face of intensive competition and wrenching change, so that future generations do not have to repeat the pain and suffering being experienced throughout the world or organization today.  dashdeal.com dealdashtips

There are reasons why we live in difficult times, that there is a discipline – grand strategy – to bring it about. Grand strategy is therefore about the transformation of the management itself. Its purpose is to find a superior way of managing the ultimate competitive advantage.

READ MORE...
Blog Widget by LinkWithin