Motivation is a word derived from ‘motive’ which means needs, desires, wants or drives within individuals. It is the process of motivating people to take action to accomplish goals. Therefore, motives are the forces that motivate people to work in a way, to ensure the fulfillment of a particular human Read more…
Importance of staffing: It is very important for the organization that the right type of people are employed. They should be given adequate training so that wastage is minimal. They should also be encouraged to show higher productivity and quality by encouraging them. The importance of staffing is discussed below: Read more…
Nature of Staffing: Staffing is a broad activity: People are the most important assets for nature of staffing that convert inputs into outputs. People are appointed at all levels (top, middle, bottom levels of management) in all functional areas (production, finance, marketing, personnel). Staffing ensures that the right person is Read more…
Meaning of Staffing: The term ‘staffing’ refers to the recruitment, selection, development, training, and compensation of managerial personnel. Staff is the managerial task of recruitment, selection, training, development, promotion, and compensation of personnel. Staffing can be defined as the process of hiring and developing the personnel necessary to fill various Read more…
What is decentralization? Decentralization is the act of transferring decision-making power, accountability and responsibility for results. It accompanies the delegation of memorial authority to individuals or colonies at all levels of an organization. Subunits include subsidiaries, divisions, investment centers, profit centers, and so on. The extent of decentralization varies. For Read more…
What is Delegation? Delegation means delegating some work to others and giving them the right to do that work. This also includes giving decision-making authority in certain identified areas and giving subordinates the responsibility to complete the work. As in this process, a superior person entrusts a part of his Read more…
Organizational Structure: Organizational structure is the system used to define a hierarchy within an organization. It identifies each task, its function and where it reports within the organization. This structure has been developed to establish how an organization operates and assists an organization in achieving its goals for future growth. Read more…
Departmentation: ‘Departmentation’ or ‘Departmentalization’ is the process of classifying enterprise activities in many units for the purpose of administration at all levels. Departmentation means the division of work in small units and their re-grouping on the basis of the similarities of facilities in large units (departments). As the organization grows Read more…
Span of Control: The concept of “Span of Control“, which is also known as the management ratio, refers to the number of direct subordinates directly controlled by a superior. This is a particularly important concept to understand small business owners because small businesses often get into trouble when the founder Read more…
Principle of Organizing: The principle of organizing the structure of a business influences important elements like decision making, employee behavior, performance and rewards, personal accountability and managed information. It is important to understand the principle of organizing in order to effectively apply, change and use the businesses. The basic principle Read more…