What is Coordination?
Coordination is the energy that connects all the other functions of management. It is the common strand that runs through all actions such as production, purchase, finance and sales to assure perpetuity in the functioning of the establishment. Coordination is seldom deemed a separate role of management.
Characteristics of Coordination:
The definition that is furnished above highlight the following characteristics of coordination:
- Coordination assimilates group efforts
- Coordination assures unity of action
- Coordination is a perpetual process
- Coordination is an all extensive operation
- Coordination is an obligation of all the fellow managers
- Coordination is an intentional (deliberate) function
Also Read: Class 12 Business Studies Syllabus
Importance of Coordination:
Coordination is necessary as it combines the efforts of people, authorities and experts. The principal analysis for coordination is that units and individuals in the company are interdependent, i.e. they rely upon each other for data and resources to conduct their own activities. Hence, managers need to reconcile discrepancies in timing, approach, interest or effort. At the same time, there is a necessity to correspond to individual and organisational goals.
- Growth in size: As companies develop in size, the number of employees employed by the company also develops. Often, it may become challenging to unite their efforts and exercises. All people vary in their customs of background, approaches, work to the conditions and association with others. It becomes essential to guarantee that all individuals perform towards the pre-defined common goals of the company. But employees may have their individual specific goals too.
- Functional differentiation: Operations of an establishment are apportioned into divisions, sections and departments. In a company, there may be distinct departments of production, marketing, finance or human resources. All these units may have their own goals, strategies and their own technique of working.
- Specialisation: Contemporary organisations are defined by a high degree of specialisation. Specialisation occurs out of the complexities of contemporary technology and the heterogeneity of tasks to be executed. Companies, hence, must employ a number of experts. Specialists normally think that they are equipped to assess, decide and judge according to their professional standards. They usually do not take guidance or recommendations from others in matters concerning their field of specialisation.
The above mentioned is the concept, that is elucidated in detail about the Coordination – The Essence of Management for the class 12 Commerce students. To know more, stay tuned to BYJU’S.