Organizing is a key function of management that involves coordinating and arranging people, resources, and workplaces in order to achieve a set objective). It is the second function of management after planning and is followed by leading and controlling. Organizing involves the following steps:
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Identification of activities: All the activities that need to be performed in a concern are identified first, such as preparation of accounts, making sales, record keeping, quality control, inventory control, etc. .
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Division of labor: Work is assigned to employees who are specialized in that work.
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Coordination: Different members of the organization are given different tasks to perform, and when all the tasks are put together logically and sequentially, it results in the objectives, so coordination is required.
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Assembling and assigning resources: The process of assembling and assigning the human, financial, physical, informational, and other resources needed to achieve goals.
Organizing is important for the functioning of a concern, as it helps in the achievement of results. It involves deciding how best to departmentalize or cluster jobs into departments to coordinate effort effectively. Organizing also entails defining jobs and working relationships, assigning different tasks associated with the plans, arranging and allocating resources, designing a structure that distinguishes duties, responsibilities, and authorities, and scheduling activities to maintain smoothness and effectiveness in operations.
