It is an art of management where people come together on a common platform. They all work together for common predefined organizational goals. It enables the optimum utilization of the available resources through systematic planning and control at the workplace in the organization. Thus, organizational management is defined as the planning, leading, controlling, and organizing of the resources within an organization. The ultimate aim remains the accomplishment of common organizational objectives. The organizational management should be able to make decisions. It should resolve the issues so that it can be both effective and beneficial. Effective organizational management ensures organizational profitability. An effective system of organizational management handles and controls the organization and its employees efficiently.
In today’s business scenario, organizational management is a common management practice for small businesses. With the help of organizational management, managers now can divide the tasks into several phases. Thus, it helps in understanding the management properly and allows the managers to work efficiently. Managers perform and respond rapidly to the factors that can affect internal or external expectations.
Components of Organizational Management
Organizational management has the following components:
- Planning: This is the first step of organizational management. In the planning process, the managers decide the goals for their department. The managers define the actions that transpire the employees to reach those goals effectively. Planning steps lay the foundation for all other organizational management aspects. The managers can define plans which are related to the benefit of the organizations.
- Organization: In this step, the managers implement the plans that have been created in the planning processes. Managers here organize the execution of those planned goals. Managers divide the teams according to the skills, labor hours, and job definition of every employee. Accordingly, managers allocate the responsibilities to their respective teams. Thus, undue burden is removed from the primary management team as the work is divided efficiently.
- Leadership: Leadership is most important for the success of the organization. Every organization needs an ideal leader who can connect with the employees and others. Every organization needs a leader who can lead the organization effectively. A leader can set ways for the organization and its employees so that all can work in the direction of goal achievement. A leader should possess the qualities of relating positively to the employees, qualities of integrity, resourcefulness with industry knowledge.
- Resource Control: The final step in the organizational management system is the control phase. Managers have to control and analyze the work progress and the effectiveness of each of the plans that were made in the process of goal planning. Managers can bring out required changes if the results are not according to the expectations.