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CHAPTER 3 : ORGANIZATION

CHAPTER 3 : ORGANIZATION. WHAT IS AN ORGANIZATION?. WHAT IS AN ORGANIZATION?. FORMAL ORGANIZATION AND ITS CHARACTERISTICS. DEPARTMENTALIZATION. INFORMAL ORGANIZATION. Outputs:. HIERARCHICAL ORGANIZATION.

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CHAPTER 3 : ORGANIZATION

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  1. CHAPTER 3 :ORGANIZATION

  2. WHAT IS AN ORGANIZATION?

  3. WHAT IS AN ORGANIZATION?

  4. FORMAL ORGANIZATION AND ITS CHARACTERISTICS

  5. DEPARTMENTALIZATION

  6. INFORMAL ORGANIZATION

  7. Outputs:

  8. HIERARCHICAL ORGANIZATION • An organizational structure where every entity is subordinate to a single other entity • Different levels of management, power and authority • Members communicate with their immediate superior and subordinates

  9. TEAM MANAGEMENT • DEFINITION • Refers to techniques, processes and tools for organizing and coordinating a group of individuals working towards a common goal • TEAM DEVELOPMENT MODEL • Forming • Storming • Norming • Performing • Adjourning

  10. BASIC ORGANIZATION CONCEPTS

  11. BASIC ORGANIZATION CONCEPTS

  12. CHAPTER 4 :PLANNING AND STRATEGY FORMULATION

  13. DEFINITION OF PLANNING Process of analysing relevant current or past information Process whereby managers form organizational goals and decide the most suitable action to achieve those goals Certo Stoner, Freeman & Gilbert Dessler

  14. DEFINITION

  15. DEVELOPING GOALS

  16. DEVELOPING STRATEGIES

  17. PLANNING PROCESS

  18. TYPES OF PLAN

  19. TYPES OF STRATEGIES

  20. TOOLS FOR STRATEGY FORMULATION

  21. IMPLEMENTING PLANS

  22. EFFECTIVE STRATEGY IMPLEMENTATION 3 1 4 2 • No roadmap • No focus • No leader • Accelerated success

  23. ADVANTAGES OF PLANNING

  24. DISADVANTAGES OF PLANNING

  25. CHAPTER 5 :DECISION MAKING AND PROBLEM SOLVING

  26. IMPORTANCE OF DECISION MAKING

  27. WHAT IS A DECISION? Selection made between two or more alternatives

  28. CONDITIONS OF DECISION MAKING

  29. RATIONAL DECISION MAKING PROCESS

  30. LIMITS OF RATIONALITY

  31. RATIONAL MODEL

  32. BOUNDED RATIONAL MODEL

  33. EMOTIONAL MODEL

  34. GROUP DECISION MAKING ADVANTAGES • Able to collect more information • Able to form many effective alternatives • High acceptance level • Increase in the acceptance of rights DISADVANTAGES • Takes a longer time • Minority domination • Pressure to follow a decision • Unclear responsibilities

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