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Organization must have these four things
    Objectives
    People
    Structure
    Technology
Objectives-> Goals, purpose, Target, Mission, Aim, Destination,
End, Result. they all mean same things to us for Management


Objectives indicate where we are and where we want to be ? in other words,
objective bridges the gap between the points where we are and where we want to
be. Object is target where we want to hit. Objective is mission or destination where
we want to reach. Objective is result what we want to achieve.
Example of objectives
A student wants to get A plus in his coming final exam
A business man wants to achieve 20% profit on his capital employed
There cannot be an organization without objectives. Objectives are mandatory for
the existence of an organization. In simple words, there is no organization if there
are no objectives. so the first task of manager, is to set the objectives of his
organization.


Where should a manager set his objectives ?
first answer; a Manager should his objectives at a point which is very easy to
achieve
second answer; A Manager should set his objectives at a point which is impossible
to achieve.
Manager should not set his objectives at a point which is very easy to achieve
he should not set his objectives at a point which is impossible to achieve.
It is because in both the cases he will be spoiling time, money, energy and other
resources.
A manager should set his objectives somewhere in better in this two extreme
points.


Theoretically it is very easy to talk about this midpoint but practically it is very
difficult to identify this mid point.
However, the knowledge, experience, capacity to analyze the situation of a
manager can help him to set very good objectives.
Setting objectives is not the end of the story. it is rather the beginning of the story.
an objective may sound very high but it will not bring any result if it is not
implemented. An objectives which is not implemented, it will not bring any change
in the organization. The manager must realize his fact.
To implement objectives a manager is to make a action plan. It is to be noted
objective dictates/ controls/guides/ influences action plan. In simple word, action
plan depends on objectives.


Summary or gist
Objectives indicate where we are and where we want to go
There cant be an organization without objectives
So the first task of a manager is to set the objectives of an organization
the manager must realize the fact that objectives are to be implemented or realized
to implement objectives a manager is to make an action plan
The manager must be committed/ Devoted in regard to objective and action plan.


If a navigator does not know to which port he is steering no wind is favorable to
him. (Ceneca)
Similarly, A manager does not know his objectives is just like a person who has
been lost in the sea.


People:
There can not be an organization without people. People of an organization may be
divided into two main classes, which as follow:
People within the organization
people outside the organization


we usually use the following terms to identify the people within the organization.
People within the organization
   1. Manager
   2. Administrator
   3. Executive
   4. Superior
   5. Boss
   6. Sub-ordinate
   7. Staff
   8. Employee
   9. Worker
   10.Personnel
People outside the organization
   1. Customer
   2. Consumer
   3. Suppliers
   4. Client
   5. Buyer
6. Debtor
   7. Creditor
It is comparatively easy to manage people within the organization but it is difficult
to manage people out side the organization. It is because organization has got the
little control/ no control over the people outside the organization.
Moreover people outside the organization have got direct control over the
organization. The decide the fate of an organization. Whether a business will exist
or not. It depends on its customers. We can not think of an organization without
customers. But unfortunately, management has got little control over its customers.
So, jobs of a manager is not easy job. It is challenging and daring job because he is
to deal with people in and out side of an organization.


Structure-
chairman-Managing DirectorDirector-GM-AGMManager
Organization makes people organized. it shows authority and responsibility
relation. It identified follow information from bottom to top. In other word it is the
communication channel of the organization. it clearly identify who will give the
direction and who will follow the direction. there can not be an organization
without structure. Organization is invisible we can not see our eyes. We can not
touch by our hands. But organization structure may be represented by a diagram or
by a chart. that is why the other name of organization Structure in organo gram
organization chart.




Technology
Every organization must use some kind of technology for better living. Technology
is dynamic. Technology is not same to today as it was yesterday nor will be lead
be the same tomorrow as it today. this is to about technology.

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Organization must have these four things

  • 1. Organization must have these four things Objectives People Structure Technology Objectives-> Goals, purpose, Target, Mission, Aim, Destination, End, Result. they all mean same things to us for Management Objectives indicate where we are and where we want to be ? in other words, objective bridges the gap between the points where we are and where we want to be. Object is target where we want to hit. Objective is mission or destination where we want to reach. Objective is result what we want to achieve. Example of objectives A student wants to get A plus in his coming final exam A business man wants to achieve 20% profit on his capital employed There cannot be an organization without objectives. Objectives are mandatory for the existence of an organization. In simple words, there is no organization if there are no objectives. so the first task of manager, is to set the objectives of his organization. Where should a manager set his objectives ? first answer; a Manager should his objectives at a point which is very easy to achieve second answer; A Manager should set his objectives at a point which is impossible to achieve. Manager should not set his objectives at a point which is very easy to achieve he should not set his objectives at a point which is impossible to achieve.
  • 2. It is because in both the cases he will be spoiling time, money, energy and other resources. A manager should set his objectives somewhere in better in this two extreme points. Theoretically it is very easy to talk about this midpoint but practically it is very difficult to identify this mid point. However, the knowledge, experience, capacity to analyze the situation of a manager can help him to set very good objectives. Setting objectives is not the end of the story. it is rather the beginning of the story. an objective may sound very high but it will not bring any result if it is not implemented. An objectives which is not implemented, it will not bring any change in the organization. The manager must realize his fact. To implement objectives a manager is to make a action plan. It is to be noted objective dictates/ controls/guides/ influences action plan. In simple word, action plan depends on objectives. Summary or gist Objectives indicate where we are and where we want to go There cant be an organization without objectives So the first task of a manager is to set the objectives of an organization the manager must realize the fact that objectives are to be implemented or realized to implement objectives a manager is to make an action plan The manager must be committed/ Devoted in regard to objective and action plan. If a navigator does not know to which port he is steering no wind is favorable to him. (Ceneca)
  • 3. Similarly, A manager does not know his objectives is just like a person who has been lost in the sea. People: There can not be an organization without people. People of an organization may be divided into two main classes, which as follow: People within the organization people outside the organization we usually use the following terms to identify the people within the organization. People within the organization 1. Manager 2. Administrator 3. Executive 4. Superior 5. Boss 6. Sub-ordinate 7. Staff 8. Employee 9. Worker 10.Personnel People outside the organization 1. Customer 2. Consumer 3. Suppliers 4. Client 5. Buyer
  • 4. 6. Debtor 7. Creditor It is comparatively easy to manage people within the organization but it is difficult to manage people out side the organization. It is because organization has got the little control/ no control over the people outside the organization. Moreover people outside the organization have got direct control over the organization. The decide the fate of an organization. Whether a business will exist or not. It depends on its customers. We can not think of an organization without customers. But unfortunately, management has got little control over its customers. So, jobs of a manager is not easy job. It is challenging and daring job because he is to deal with people in and out side of an organization. Structure- chairman-Managing DirectorDirector-GM-AGMManager Organization makes people organized. it shows authority and responsibility relation. It identified follow information from bottom to top. In other word it is the communication channel of the organization. it clearly identify who will give the direction and who will follow the direction. there can not be an organization without structure. Organization is invisible we can not see our eyes. We can not touch by our hands. But organization structure may be represented by a diagram or by a chart. that is why the other name of organization Structure in organo gram organization chart. Technology
  • 5. Every organization must use some kind of technology for better living. Technology is dynamic. Technology is not same to today as it was yesterday nor will be lead be the same tomorrow as it today. this is to about technology.