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Nature of Organization

An organization is a collection of people who work together to achieve common goals. There are three common factors of organizations: people, objectives, and structures. A formal organization has an intentional structure with defined roles and responsibilities coordinated to achieve goals, as shown in an organization chart. An informal organization is characterized by groups within a formal organization who share common values and interests, such as employee clubs.
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0% found this document useful (0 votes)
30 views

Nature of Organization

An organization is a collection of people who work together to achieve common goals. There are three common factors of organizations: people, objectives, and structures. A formal organization has an intentional structure with defined roles and responsibilities coordinated to achieve goals, as shown in an organization chart. An informal organization is characterized by groups within a formal organization who share common values and interests, such as employee clubs.
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Nature of Organization

What is an organization?

An organization is a collection of people who


work together and coordinate their actions to
achieve a wide variety of goals.
Three Common Factors Of Organization

• People

• Objectives

• Structures
Formal & Informal Organization:
Formal Organization:

• Formal organization characterized by


intentional structure of Roles &
Responsibilities coordinated towards
achievement of common goals. An
organization chart, for example, gives a
representation of the formal structure.
Other examples of the formal organization
are rules and regulations, policy manuals,
standing orders and job descriptions.
Informal Organization

• Informal organization is characterized by


group of people within the organization
having common values, interests & desires.
Ex. the various clubs in organizations,
employees meeting together during tea &
lunch time.
• Informal organization plays an important
role in the formal structure.

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