When you look around, you will find hospitals, schools, colleges, stores and sport teams these are the examples of Organization. The people in the role of CEO, managers, labors and others are working in Organizations are called employees. The entity to be called as Organization must have these three characteristics purpose, people and structure.
Characteristics of [...]
Henry foyal the theorist of management describes the 14 principals of management. These are also know as the classical principal of management but still today most of principals are followed in organization.
Specialization of Labor
Every organization dependent on labor, in past increasing the number of labor was considered as strength but this rules of management says [...]
Advancement in technologies like Internet people can easily share their information by adapting modern way of communication. The world becomes global village due to which the organizations have to make certain vital decision to gain the competitive advantage.
To survive and win in this age of globalization organization must adapt the fundamental success drivers to gain [...]