Concept and meaning

ENTREPRENEURSHIP DEVELOPMENT FOR RURAL FAMILIES 4(1+3)
Lesson 13 : Organizing an Enterprise

Concept and meaning

  • Organizing is the process of defining and grouping the activities of the enterprise and establishing authority relationships among them.
  • Organizing is the process of identifying and grouping the work to be performed, defining and delegating responsibility and authority, and establishing relationships for the purpose of enabling people to work most effectively together in accomplishing objectives.

Once the plans have been laid down and objectives specified therein, the next step is to organize resources in a manner which leads to the accomplishment of objectives. A critical issue in accomplishing the goals specified in the planning process is structuring the work of an organization to adapt to the dynamic business environment. The activities of an enterprise must be organized in such a manner that plans can be successfully implemented.

For planning to be fruitful a number of considerations like resources that will be needed, optimum utilization of the same translation of work into attainable tasks, empowering the workforce to accomplish these tasks etc., need to be understood and dealt with properly.

Organizing essentially implies a process which coordinates human efforts, assembles resources and integrates both into a unified whole to be utilized for achieving specified objectives.

Organizing can be defined as a process that initiates implementation of plans by clarifying jobs and working relationships and effectively deploying resources for attainment of identified and desired results (goals).

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Last modified: Saturday, 7 January 2012, 7:31 AM