Busine organization

Business
● that molds people within the org
● employees and the management

Structure functions -> theories

● duties and responsibilities should be accompanied by authority
— de ned by freedom for you to discover the things that you want to discover

People management

Leadership - models/ theories

People management
- the most important in business organization
- when we speak of people there will be complicated

Strategic management
- answer the challenge of change; helps you nd out what are the trends;

Strategic plan
- time frame, people

Operations management
- in the context of Line organiation style

Financial management
- funds

Marketing management
Corporate management (single proprietorship, SME and partnership)
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Change management
- when you meet your target the company should evolve.
It should provide new image of strategic plan.

- time and space

- here and now

Technology and Innovation -

Emerging Trends in BO -

satisfaction cannot be altered

REPORTING
GROUP 8 - CORPORATE MANAGEMENT

Importance of Management
Management - paradigm shift

Foundation of Management — Vision, Mission

1. Ethical/Moral Standards - It is the very core identity of the organization.
Ex.
because they compromise their moral standards;
2. Work/Values - the one who create the culture of an organization
Employees work value and Organizational work value
Process of an Organization

1. Operational Process - i.e inventory of supply, materials and resources how the
organization respond to its customer.
- customer service, day to day functions, target: Customers
- Important factor in an operational process is ef ciency
2. Management Process - is in the area of organizing, area of human resources
plus the administrative.
- Organizing, controlling, planning
3. Supporting Process - is to make the operation runs smoothly
- i.e customer service
4. Development Process - heartbeat of an organization; creating new strategies,
methods or improvements for the purpose of enhancement of product or
services.
- Development of people skills in order to create a product
or services
- It creates successful and marketable products that meet
customer needs and contribute to their growth and
success.
5. Sales and Marketing Process - its purpose is to close the deal; It requires high
skills in customer management. it involves the knowledge of the products,
conduct market research.
6. Customer Relationship Management - maintain existing customers by
providing excellent service and support.
7. Supply Chain - (Life blood) under operational management; procurement of
bondpaper; logistics and distribution and ensuring the products are receive by
the recipients.
9. Compliance and Regulatory - Designed to mitigate risks, protect the
organization's reputation, and maintain ethical business practices.
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 10. Quality Assurance - Ensure that their products or services consistently meet
prede ned quality standards and customer requirements.
- The primary goal of quality assurance is to prevent
defects, errors, or issues from occurring during the
production or service delivery process, thereby enhancing
customer satisfaction and minimizing the need for rework,
recalls, or costly remediation efforts.

Agent of change. Scared Journey

Change for the better
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Value presence - In the context of morals it is non

Organization exist to help individuals

Organization overage:
1. Mission, Vision, objectives, purpose
2. Services, products
3. Compensation, bene ts
4. Experience through work

By-law binds an organization

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What is an Organization? ORGANIZATIONAL STRUCTURES TYPES
An organization is a body built for a collection of
individuals who join together to achieve some common 1. FLAT ORGANIZATIONAL STRUCTURE
goals and objectives bounded by legal entities
2. TALL ORGANIZATIONAL STRUCTURE
They follow certain legal procedures like business
registration, tax identification, and maintaining 3. VIRTUAL ORGANIZATIONAL STRUCTURE
corporate book records
TALL ORGANIZATIONAL STRUCTURE
What is an Organization? Large, complex organization often requires a
The person or people who start the organization are taller hierarchy, In its simplest form a tall
often called the founders structure results in one long chain of
command.
Once an organization is formed, it needs someone to
lead and make important decisions. This person is Is one that has many horizontal layers of
management, from the top to bottom.
called the leader or the head of the organization Whereas top-down or bottom-up
organizations describe how decisions are
WHAT IS AN ORGANIZATIONAL STRUCTURE? made throughout the organization

It is a framework within which an Organization FLAT ORGANIZATIONAL STRUCTURE

arranges it’s line of authorities and Flat structure have fewer management levels, with
communications and allocates rights and each level controlling a broad area or group.
duties Is an organizational model with relatively few or no
levels of middle management between the
executives and the frontline employees. Its goal is
It is a system that outlines how certain to have as little hierarchy as possible.
activities are directed in order to achieve the
goals of an organization VIRTUAL ORGANIZATIONAL STRUCTURE
Virtual organizational structures refer to arrangements where
The organizational structure also determines teams, departments, or even entire companies operate without a
how information flows between levels within centralized physical location.
the company
A virtual organization is an operation where all members of the
company work in different geographic locations while appearing
WHY DO WE NEED ORGANIZATIONAL as a single unit. It uses computers, software, phones and other
STRUCTURE? technology to work together and converse in real-time, despite
any physical distance.
Job Search Strategy
IMPORTANCE OF ORGANIZATIONAL STRUCTURE
They define a specific hierarchy within an Impacts effectiveness and efficiency.
organization Organizational structure plays a crucial role in determining
the effectiveness and efficiency of an organization.
A successful organizational structure defines Reduces redundant actions.
A well-defined organizational structure helps reduce
each employee's job and how it fits within the redundant actions within an organization. By clearly defining
overall system roles and responsibilities, it eliminates confusion and
duplication of efforts.
This structuring provides a company with a
visual representation of how it is shaped and
how it can best move forward in achieving its
goals
PURPOSE OF ORGANIZING TRANSFORMATIONAL LEADERSHIP
Inspires Positive Change: Motivates followers to strive for more
Divides work to be done in specific jobs & dept. and achieve their full potential.
Assigns tasks and responsibilities associated with individual Enthusiastic and Passionate: Exudes positive energy that
jobs. contagiously motivates the team.
Coordinates diverse organizational tasks. Focuses on Individual Growth: Invests in the success of each team
Establishes relationship b/w individuals, groups and member.
departments. Articulates a Clear Vision: Provides a compelling roadmap for the
Establishes formal lines of authority. team's goals.
Allocates organizational resources. Empowers and Supports: Creates a collaborative environment
Clusters jobs into units. where team members lift each other up.
Instills Loyalty and Confidence: Fosters a sense of belonging and
What is Departmentalization? self-belief within the team.

Departmentalization refers to the process of grouping TRANSACTIONAL LEADERSHIP

activities, tasks and resources into distinct units or Transactional leadership is a style of leadership that focuses on
departments within an organization based on their supervision, organization, and performance. This approach
functionality, geography, products or services, emphasizes clear roles and responsibilities, structured
processes or customer base. workflows, and a system of incentives to motivate followers.

How Departmentalization impacts SUMMARY OF LEADERSHIP

Organizational Structure?
Autocratic Leadership: The leader makes decisions without input
Departmentalization impacts organizational structure from the team.
by dividing it into distinct units, each with its own Democratic Leadership: The leader involves the team in decision-
responsibilities and goals. making.
Transformational Leadership: The leader inspires and motivates
the team to achieve goals.
LEADERSHIP STYLES AND THEORIES Transactional Leadership: The leader focuses on tasks and
rewards performance.
Servant Leadership: The leader serves the team and prioritizes
AUTOCRATIC LEADERSHIP their needs.
Autocratic leadership is a style where the leader has full Laissez-Faire Leadership: The leader gives autonomy to the team
control, makes decisions independently, and expects with minimal supervision.
strict compliance from subordinates. It emphasizes
efficiency and quick decision-making but can stifle IMPORTANCE OF HUMAN RESOURCE MANAGEMENT
creativity and morale due to limited input from team
members. Good HR practices helps:
⚬Increase productivity and profits.
While autocratic leadership has its place in certain ⚬Improve job satisfaction.
contexts, a blend of leadership styles tailored to the ⚬Enhance standard of living.
organizational needs and culture often yields the most ⚬Generate employment opportunity.
effective results. Understanding the nuances of ⚬Greater trust and respect.
autocratic leadership can provide valuable insights into
its application and impact on organizational success.
Human Resources for People Management
DEMOCRATIC LEADERSHIP
Development of people for the purpose of developing the organization
Democratic leadership also called "shared leadership" or
by maintaining the people by process of retention; training, preparation,
"participative leadership, is a leadership style in which
developing skills —— for the next year HR molds and prepare
team members have input into the decision-making
process and share responsibility for implementing and
HR function
evaluating the outcomes of those decisions.
The target of HR is to retained the employee/worker