E ssence of M anagement You have understood by now that a manager has to perform five interrelated functions in the process of managing an organisation which is a system made up of different interlinked interdependent subsystems. A manager has to link these diverse groups towards the achievement of a common goal. The process by which a manager synchronises activities different departments is known as coordination. Coordination is the force that binds all the other functions of management. It common thread that runs through all activities such as purchase, production, sales, and finance to ensure continuity in the working of the organisation. Coordination is sometimes considered a separate function of management. It however, essence management, for achieving harmony among individual efforts towards the accomplishment of group goals. Each managerial function an exercise contributing individually to coordination. Coordination is implicit and inherent in all functions of an organisation. The process of coordinating the activities of an organisation begins at the planning stage itself. Top management plans for the entire organisation. According to these plans the organisational structure is developed and staffed. In order to ensure that these plans are executed according plans directing required. Any discrepancies between actual and realised activities are then taken care of at the stage of controlling. It is through the process of coordination that a manager ensures the orderly arrangement of individual and group efforts to ensure unity of action in the realisation of common objectives. Coordination therefore involves synchronisation of the different actions or efforts of the various units of an organisation. This provides the requisite amount, quality, timing and sequence of efforts which ensures that planned objectives are achieved with minimum of conflict.
📖 generic · CBSE Class 12th English Medium · BUISNESS STUDIES · Page 21poem
E ssence of M anagement
Chapter 14: E ssence of M anagement · BUISNESS STUDIES
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