Assignment

Characteristics of a Good Organization

Name: Sabah Afzal Class: ADP Section: 1-A Reg no: 0051 Sub: Management Submitted to: Prof Farooq Qaiser

Characteristics/Features of a Good Organization

What is an Organization:
An organization is a social entity that has a collective goal and is linked to an external environment. The word is derived from the Greek word organon, itself derived from the better-known word ergon which means "organ" a compartment for a particular task. There are a variety of legal types of organizations, including corporations, governments, nongovernmental organizations, international organizations, armed forces, charities, not-for-profit corporations, partnerships, cooperatives, and universities. A hybrid organization is a body that operates in both the public sector and the private sector simultaneously, fulfilling public duties and developing commercial market activities. In the social sciences, organizations are the object of analysis for a number of disciplines, such as sociology, economics,[1] political science, psychology, management, and organizational communication. The broader analysis of organizations is commonly referred to as organizational structure, organizational studies, organizational behavior, or organization analysis. A number of different perspectives exist, some of which are compatible: From a process-related perspective, an organization is viewed as an entity is being organized, and the focus is on the organization as a set of tasks or actions. From a functional perspective, the focus is on how entities like businesses or state authorities are used. From an institutional perspective, an organization is viewed as a purposeful structure within a social context.

Best companies are:

Wegmans Food Markets lnc NetApp Google lnc The Boston Consulting Group lnc SAS CHG Healthcare Services

Characteristics are:
Effective Sharing of Goals Teamwork Offers Training Opportunities Adapts to Opportunities and Changes Leadership Understanding Risks Clearly Defined Structure Well-Known Company Policies Good Governance etc

Detail:
Team work:
Teamwork is used across many different industries to increase performance, employee unity and company culture. Companies that must frequently develop new ideas or products using a project-based approach assemble teams in order to diffuse responsibility. Team members use teamwork to bounce ideas off of one another before deciding on a development path for a project.

Effective Sharing of Goals:

To be effective, goals must serve both the needs of your company and those of your employees. For your company, goals must contribute directly to your short- and long-term business strategies. For your employees, goals must be clear, objective, and understandable or they will quickly become disengaged. To achieve "goal alignment" at your organization, you must first clearly communicate strategic business objectives across your entire company. Interdepartmental goal visibility can also help speed the process of alignment. By allowing managers to access and see the goals of other departments, your company can greatly reduce goal redundancies and conflicts throughout your organization. Additionally, many employee objectives are not entirely under the control of one individual. Enabling and even mandating that individuals assign some goals to two or more people increases engagement and shared accountability throughout the organization. Goal sharing also helps departmental heads find ways to better support each other, as well as identify areas where they may be inadvertently working against each other.

Leadership:
The management staff that typically provides inspiration, objectives, operational oversight, and other administrative services to a business. Effective organizational leadership can help prioritize objectives for subordinates and can provide guidance toward achieving the overall corporate vision. Good leadership is one of the main characteristics of a healthy organization. Employees have good relationships with management that are based on trust. Managers know how to get employees to function together.

Adapts to Opportunities and Changes:

Healthy organizations know how to recognize and seize good opportunities. Healthy organizations always look for opportunities to grow. They also know how to adapt to technological or operational changes.

Understanding Risks:
Healthy organizations understand the risks they are open to and take the necessary steps to protect themselves against them. When an event happens due to organizational risks, a healthy organization learns from the event.

Good Governance:
In any institution that excels, there will be a framework of values and principles that foster a culture of achievement and adherence to high ethical standards that tend to bring out the best in people, discourage negative behaviours, and improve the ability of people to work well with each other.

Clearly Defined Structure:

Companies possess a sense of order and organizational structure. The structure and order of the organization does not limit innovation and growth. Employees do not mind complying to the company's order because they understand it and see the benefits of its implementation.