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Organizational Management

Revision as of 18:08, 30 August 2021 by User (talk | contribs)

Organizational Management is a management activity that aims to fulfill the company’s goal by handling adequately all the processes and resources available. It is a discipline whose main objective is to plan, organize and execute activities that achieve the company’s pre-established aspirations. Organizational Management is a concept wide enough to cover an entire organization. It is also an activity that is normally carried by senior executives, that have a broad knowledge and influence throughout the entire organization. This activity is frequently guided by a set of goals that must be achieved in order to fulfill the company’s long term vision. By managing all the available resources properly, the administrators can guide the company towards these goals. These resources include financial resources, staff, facilities, business relationships, knowledge, processes and techniques that are part of the company’s assets, either tangible or intangible. Most academics agree that organizational management deals with four main stages: planning, organizing, leading and controlling. Planning and organizing refers to all activities carried as preparation for what will be done. Leading is executing the plans through the previously organized resources and controlling means to evaluate results obtained and adjust accordingly.[1]

  1. Definition - What Does Organizational Management Mean? My Accounting Course