5.2 Importance of Organising : XII Business Studies

This series include Organising function of management for XII Business Studies students for AISSCE preparation.

1. Organising XII Business Studies Importance of Organising Session : 2 Vikash Residential School

2. Importance of Organising Learning Objectives Why that much importance given to Organising ??? Points of Importance Benefits of specialization Clarity in working relationship Effective Administration Optimum utilization of resources Adaption to Change Development of Personnel Expansion and growth

3. Importance of Organising Why Organising?? Organising is a process by which the manager brings order out of chaos , removes conflict among people over work or responsibility sharing and creates an environment suitable for teamwork . The organising function must be performed properly To complete tasks and successfully meet goals For Survival and growth of an enterprise To equips organisation to meet various challenges To pave the ways for a smooth transition of the enterprise in dynamic environment

4. Benefits of Specialization Organising leads to a systematic allocation of jobs amongst the work force. Specific workers perform a specific job on a regular basis. Repetitive performance of a particular task leads to specialisation. Also this enhanced productivity of the employees and organisation. Clarity in Working Relationship Working relationships are the network of people working in an organisation. The establishment of working relationships clarifies lines of communication. It also specifies who is to report to whom. This removes ambiguity in transfer of information and instructions. The hierarchical order helps in fixation of responsibility and the extent of authority to be exercised by an individual. Importance of Organising

5. 3. Optimum utilization of resources Proper assignment of jobs avoids overlapping of work. Also makes possible the best use of resources. Avoidance of duplication of work helps in preventing confusion Thus minimise the wastage of resources and efforts. 4. Adaption to Change Organising process leads to proper organisation structure. A well designed and flexible organisations structure can be suitably modify according to need. This helps to accommodate needed changes as per the business environment without disturbing the whole organisation. Thus proper organising provides stability to the enterprise. Importance of Organising

6. 5. Effective Administration Organising provides a clear description of jobs and related duties. Clarity in working relationships avoids confusion and duplication. Role clarity enables proper execution of work. This brings effectiveness in administration. 6. Development of Personnel Organising stimulates creativity amongst the managers. Effective delegation allows the managers to reduce their workload. Through delegation managers assigning routine jobs to their subordinates. It gives them the time to explore areas for growth and the opportunity to innovate. It also develops the subordinate's ability to deal effectively with challenges and helps them to realise their full potential. Importance of Organising

7. 7. Expansion and growth Organising enables organisations to deviate from existing norms and taking up new challenges. Proper organization structure allows a business enterprise to add more job positions, departments. It also helps to diversify their product lines, expanding to new geographical territories etc. All these result in increase in customer base, sales and profit. Thus organising helps in the growth and diversification of an enterprise. Importance of Organising

8. Importance of Organising Benefits of specialization Clarity in working relationship Effective Administration Optimum utilization of resources Adaption to Change Development of Personnel Expansion and growth Recap

9. Session Complete Vikash Residential School XII Business Studies