The Purpose of organization

THE DIFFERENT

PURPOSES OF

ORGANIZATIONS

CIMA(CGMA) E1

PRESENTED BY- PRACHEE KARMAKAR

POINTS WE WILL DISCUSS..

Reasons to form any organization

Types of organizations

Main objectives of the organization

Creating value for the shareholders

ORGANIZATION..

Collective goals

Social Arrangements

Controlled Performance

WHY THERE’S THE NEED FOR

ORGANIZATION.??

Share skills and knowledge

Pool resources

Specialised

skills

NOW,

WHAT ARE

DIFFERENT

TYPES OF

ORGANIZATIO

NS.?

PROFIT

ORIENTATED

NON-PROFIT

ORIENTATED

Sole Traders

Private Companies

Public Companies

Limited Liability

Companies

Partnership

Govt. Agencies

Charities

Schools

Hospitals

Clubs

PRIMARY & SECONDARY OBJECTIVES OF

ORGANIZATIONS.

Profit making Organization

Non-Profit making Organization

•Primary.

Maximize owner

wealth

•Secondary.

Detailed objective

to maximize wealth

•Secondary.

Minimize the cost

achievement by

reference to

objectives.

•Primary.

Maximize benefit to

beneficiaries.

Mission , Vision, & Objectives.

Mission

Purpose

Values

Policies

Strategy

Vision

Future Oriented

Decision Making

Provides us

direction

Strategic Planning

OBJECTIVES..

S

(SPECIFIC)

M

(MEASURABLE)

A

(ACHIEVABLE)

R

(RELEVANT)

T

(TIME-CONSTRAINT

)

CREATING VALUE FOR

STAKEHOLDERS.

Control & Co-ordination

Efficient Production

Facilitating Innovations

Control Co-

ordination

Direct Supervision

Planning

Targets

Culture of the

organisation

Overall effectivenes

s

Working Together

EFFICIENT PRODUCTION

OF GOODS AND SERVICES

Minimize Wastages

Use of Technology and Innovation

Paperless office and Service Industries

Transportation

Facilitating

Innovations.

Reduce costs.

Basis for Differentiati

on

THANK YOU

PRESENTED BY- PRACHEE KARMAKAR