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Organisation and management - Coggle Diagram
Organisation and management
Organisational chart
Diagram that highlights the key roles and responsibilities of a business’s employees.
Shows the business’s departments and the individual roles within the finance department.
Why?
Are vital to understand the roles and responsibilities of other employees within the organisation.
Structures
Flat structure
Tend to have short chains of command and wider spans of control.
This is because organisations has fewer levels of authority.
Tall structure
Have long chains of command and narrow spans of control.
Functions of management
Responsibles of
Planning
Organizing
Making decisions
Coordinating
Controlling business activities
Often held accountable for their activities, therefore it's critical that they fulfill all of these responsibilities.
Delegation
When a manager delegated power to a subordinate to perform a certain task.
The manager is in charge of the work's completion, the subordinate is now in charge of how the task is completed.
Choosing the right time to delegate
Manager's ability to pick the proper tasks to delegate to the right individuals determines whether or not the delegation is effective.
If a manager never delegated, they would be wasting their time and resources.
If they opt to delegate too much, they will have less influence over how well the work is performed.
Trust vs control
If a manager has faith in their subordinates, they are much more inclined to delegate tasks.
If a manager has low faith in the subordinates, the manager is unlikely to delegate much authority.
When managers delegate, they run the risk of losing some influence over the tasks' completion.
The more a manager delegated, the less control they have, which increases the risk.
When a manager has worked with subordinates who have performed tasks successfully in the past, they gain trust.
Controlling and organizing company activities are important qualities of a competent manager.
In order to maintain control, finding the appropriate balance between delegating tasks and completing some themselves is critical to ensure objectives are met.
Leadership
Leadership is something that anyone can demonstrate.
Leadership styles
Autocratic
Democratic
Laissez-faire
Each individual leader adopts different styles and methods in leading others.
Different situations demand different leadership styles.
Factors
Context
Type of workforce
Culture
Leader's personality