Thursday, 14 July 2016

15 June 2016.Principle of Management- Chapter 4-Organizing

15 June 2016,11am, Wednesday. POM Chapter 4

Organizing and its importance

identification of organizational activities


Organizing Process

What is the 5 main step sof organizing process?
  1. reflect on plans and objectives
  2. establish major task
  3. divide major task into sub task
  4.  allocate resources and directives for sub task
  5.  evaluate results of organizing strategy

    types of organizational relationships chain of command


    three steps in delegation 代表团

    types of organizational relationships centralization and decentralization 
    centralization is the concentration of authoriy for aking most decision at the top levels of the organization


    decentralization is the dispersion of authoriy to make decision throughout all levels of the organization

    POM Tutorial 4


    Draw out the organization structure in your company, explain the pros and cons of the structure.


    Answer

    This hierarchical structure is following the layout of pyramid


    Advantages
    1.     Level of leadership within the chart, authority and responsibility is obvious
    2.     Negotiator narrow their field of focus and become the experts like Sub Sale and Project
    3.     Opportunities for promotion motivate the negotiator to perform well
    4.     Negotiator become more loyal when have higher position 

    Disadvantages
    1.     Communication between higher and lower level is tends to be less effective
    2.     Own department will make decision that benefit its own interest rather than whole organization.
    3.     Feedback, decision making and respond time will be longer among the since have to go through so many level.
    4.     Cost is higher when by each level is increasing





















    Tutorial 4.
    Answer
    This hierarchical structure is following the layout of pyramid

    Advantages

    Level of leadership within the chart, authority and responsibility is obvious

    Negotiator narrows their field of focus and become the experts like Sub Sale and Project

    Opportunities for promotion motivate the negotiator to perform well

    Negotiator become more loyal when have higher position 

    Systematic as the Regional Sales office (agency firm) have the support such as system   support  from the Headquarters.

    Have a team of Executive Leadership Council to supervise and control the co-ethics of Real Estate Negotiator and members in the organization personally feel that this is a great idea in order to protect the benefit of Real Estate Licient holder as BOVAEA regulate code of conduct very strictly.

    Regional Sales Office handled and operated by Regional Director and Regional Manager whereas each project department, resale department and auction department have their own each President and Vice President to work out together in each department. This is good as every head of the department have at least one assistance in each department.

    Headquarters provide support from Education Department to the Regional office to lessen the burden of the Regional Office whereas the Real Estate Negotiators could equipped with sufficient knowledge of real estate and conduct with professional way.

    With a constant support with Project department, Resale or Auction department, the real estate negotiator would have a good choice of target market they want to involve in.

    Disadvantages

    Communication between higher and lower level is tends to be less effective
        
          Own department will make decision that benefit its own interest rather than whole organization.
         
          Feedback, decision making and respond time will be longer among the since have to go through so many level.
         
          Cost is higher when by each level is increasing
    This organization structure needs numbers of committed manpower especially real estate license holder whereas lack of Real Estate Agent (E) license certified by BOVAEA in Malaysia only about 994 firms only.







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