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Importance of Organisation ((7) Better Human Relations. (Clearly defined…
Importance of Organisation
(5) Training & Development of Personnel
Efficient organisation
gives opportunity
to employees
for their
traning & development,
Well defined
authority provides
scope for
utilising talent
of its personnel
up to its
fullest.
(6) Promotes Growth & Diversification
Well knit
organisation promotes
growth and newer
areas
of business.
There arises
need of employing
new persons
there diversification
of segments
taking place.
(7) Better Human Relations.
Clearly defined
authority responsibility
relationship enables
employees to work
in free
atmosphere.
Sound organisation
structure provides
job satisfaction
employee
as everyone
knows what
expected out of him,
what are his limitations
& within
which limits
is required
to operate.
(8) Facilitates Promotion
Position in hierarchy
makes everybody
aware qualification
required for
vacant post,
experience,
skill & knowledge
so higher
post become vacant
possibility of his
promotion also
becomes apparent.
(9) Check on Corrupt Practices.
Sound organisation
structure brings
better human
relations,
makes work
force fully
satisfied as they
get remuneration
according
to work done
& according to ability.
(10) Decreases the Labour Turnover Ratio
Good organisation
brings job
satisfication
to employees,
thus employees
seldom resort
to leave
job.
It saves
organisation
from trouble
recruiting
new entrants
providing training
to them as
&when old
employers leave.