 Dear learners, in these principles of management and organizational behavior of our VBA program, I am going to take a unique pipe that is on organizing. This organizing part also I self cover in three videos. Part one I am going to start now and all these three videos will be based on the self-learning material which has already been provided to you and you must have read it. But still I believe after going through this video you would be able to understand the concepts better. And at the beginning of the unit there are six learning objectives and in this same part one of this video we shall take up the learning objectives. First of all we shall try to know understand what is the meaning of organizing. Organizing is a managerial function after planning normally we discuss organizing what is its meaning that we shall discuss. Then we shall discuss the importance of organizing. So, these are the two learning objectives we have taken that what organizing is all about and what is the importance of organizing. So, in order to understand the meaning I have taken some portions from the self-learning material that you are going through. There it has been stated that the term organizing means systematic arrangement of activities to achieve the desired objectives of an organization systematic arrangement of activities. Say we want to achieve a 20 percent market share after 3 years. So, in order to achieve that 20 percent market share that is our objectives we cannot achieve anything vacuum we shall have to manufacture more we shall have to sell more we shall have to liquid more. So, defined activities manufacturing a manufacturing will imply purchasing manufacturing will imply inventory management. So, it means systematizing all those activities so that the objectives of the organization can be achieved. Second one second aspect organizing is bringing together various resources. So, what could be those resources different kinds of resources physical resources financial resources human resources and establishing relationship among these resources for achieving the common objectives. We have got a common objective of achieving 20 percent market share after 3 years. So, to that extent we need to assemble the resources we need to have human resources more manpower we need to have more financial resources physical resources more number of machineries factories land we will have to establish the relationship about all these and we shall have to give responsibilities to the various functionaries. Third aspect is the primary focus of organizing is determining both what individual employees will do in an organization and how their individual approach should be combined for itself attaining the specific objectives. They are learners what do you mean by an organization? An organization comprises of individuals is not it? Mr. Rax, Mr. Y, Mr. Z all these persons 50 percent 100 percent all of them will make an organization. So, what Mr. Rax will do? What Mr. R will do? These are the individual activities then organization will call for how can we coordinate the activities of all these persons that is organizing. So, primary focus of organizing is determining what the individual person will do individual employees will do and how those individual approach would be combined for attaining the specific objectives. We want to achieve 20 percent market share after 3 years. The term organizing is not same as the term organization. Organization implies a structure. Organizing implies determining that structure taking care of the different aspects of determining that structure. Organization would be the result. Organizing is the process to arrive at the result. The term organizing is not same as the term organization. Organizing is a function of management planning organizing as we have discussed where as organization refers to a group of people who are working together to achieve some common objectives. It is a group activity team right. So, we have more or less while discussing about the meaning of organizing. We have more or less discussed. We have more or less appreciated the importance of organizing in management. But still in your unit there are certain points. Now, let us try to understand those points. First point has been that organization in organizing increases managerial efficiency because organizing calls for systematic effort and we call understand is not it. If there is no systematic effort in thing, so how can we afford to be efficient? So, organizing increases managerial efficiency. It promotes specialization. The marketing person will do the marketing activity. Budget person, the finance person will do the finance activity only. Within finance suppose one clerk is there who is taking care of the provident fund and the pension portion of an organization. One clerk is there who is taking care of the billing person, billing activities, say invoices, filing all those. So, it gives scope for specialization. Each and every person will do the defined job. At the same time it will not be that rigid also. Suppose the person who is taking care of the provident fund pension etcetera is on leave. Say for a long leave say for 3 months the organization cannot suffer for 3 months. So, somebody will be asked to take care of that and to that extent a supervisor will be there. So, these are all fallouts of an organizing process and this will ensure the flow of activities. So, that activities do not get disturbed. It clarifies authority and power. Who will do what? A branch manager or say a C category branch will have a sanctioning amount of loan say rupees 5 lakhs. The shift manager of a bank say will have a sanctioning capacity of say 50 lakhs. The shift general manager of the bank suppose has a sanctioning capacity of say well a loan of say rupees 5 crores. These are what depending upon the level the authority is defined the power is defined. So, it ensures better communication within the organization. Different meetings take place within the meetings the things are discussed and the organization takes stock of the situation and the organization moves ahead. It acts as a source of support, security and satisfaction for the employees. If the things are not organized that people will suffer from this satisfaction. It stimulates creative and innovative thinking. Organizing as a process will try to foster that. It will try to encourage innovation and creativity within the organization. Suppose the in the meetings that the brainstorming session people will be forced, people will be provoked that you please share your ideas, discuss, think about something new. It helps in smooth delegation of authority. The shift manager will delegate some of his functions to the say deputy shift manager, deputy shift manager will delegate some of the functions to the manager, deputy manager. It provides scope for training and development. Today someone is at a supervisor level that person will look for a promotion of the assistant manager. Assistant manager will look for deputy manager. So, the promotional the ladder the climbing the ladder that also will be made clear to the organizing process. So, dear learners we have discussed how important organizing is in management. We shall discuss some of the other aspects of organizing in the next two parts of the video. So, with this I have concluded the part one of organizing. We are coming to discuss about the part two of organizing in the second part. Thank you.