Management Activities (LC 2026) (Leaving Cert Business): Flashcards

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Organising
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Definition of organising

Coordinating human & physical resources to achieve objectives

Formal structure

Official org. with defined roles, responsibilities & reporting

Informal structure

Natural structure from workplace friendships & relationships

Four main organisation structures (mnemonic)

FPGM: Functional, Product, Geographic, Matrix

Most common organisation structure type

Functional organisation structure

Matrix organisation structure

Flexible structure with employees in project teams

Chain of command

Path where instructions flow down & feedback flows up

Span of control

Number of employees reporting directly to one manager

Delayering

Removing one or more levels of hierarchy from structure

Key benefit of delayering

Faster communication through fewer hierarchy levels

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