"Organisations consist of groups of individuals from different backgrounds working towards the same common goals"
Organisational Resources
Annotations:
Human = Talent of workforce
Information= Information usage and availability
Finance= Capital investment
Physical = Raw materials; office and production facilities, and equipment
Management
Annotations:
Management use a set of activities including planning and decision making, organising, leading,and controlling directed at an organisation’s resources human, financial, physical, and information with the aim of achieving organisational goals in an efficient and effective manner
Purpose of management
Annotations:
Using elements of Organisational resources and activities
Effectively
Efficiently
P/ O/C/L
Annotations:
Plan:
A manager cannot operate effectively unless he or she has long range plans.
Organise
When there is more than one employee needed to carry out a plan, then organization is needed.
Control
Develop a method to know how well employees are performing to determine what has been and what still must be done.