Good Research Paper On Organizational Structure

Type of paper: Research Paper

Topic: Organization, Structure, Organizational Structure, Human Resource Management, Employee, Success, Finance, Accounting

Pages: 4

Words: 1100

Published: 2021/02/06

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The organizational structure is an important element that affects the performance of an enterprise or business organization. According to Sheehan (2011), an organizational structure denotes the way in which the resources are aligned or matched with the firm's aims to realize success. As such, the organization has various departments that govern the resources. More importantly, resources are not only materials that are used in production but also in nature. Noe (2007) argues that, an organization needs workers to utilize its resources in meeting the organization’s objectives by especially achieving the needs of its target market. Human resource, accounting and finance, IT systems, as well as marketing components of the organizational structure are significant for the success of organizations in the today business world. The paper discusses the significance of organizational structure with the bias to Human resource, accounting and finance, IT systems, as well as marketing components.
Even though, some employers see employees as expenses and pain at the end of each month, they determine the long-term success of the organization. Apparently, the organization's success relies on the performance of employees. As such, creating a well-rounded approach to the management of employees in the organization ensures they achieve the desired results. To do this, every organization has a human resource department that sources and trains employee for exceptional performance in the organization. A human resource leader who possesses skills and expertise in managing people heads HR department. Treatment of employees in the organization is as well important; they engage directly with the organization's clients and as such, influence their purchasing decision in the organization. Subsequently, the skills and attributes of human resources are very crucial in every company. According to Siegel and Shim (2006), the increasing role of employees in the organization always demands new techniques and skills to ensure the existing objectives of the organization are achieved. Fundamentally, ensuring their welfare motivates them significantly to improve their performance towards ensuring the organization excels. Noe (2007) describes them as the backbone of the organization. They ensure the daily operations and conduct transactions of the business. The diversified skills that they possess add significant worth to the organization.
On the other hand, accounting has a critical role to play within the organizational structure. Ideally, running and operation of the organization entirely relies on financial resources. Siegel and Shim (2006) argues that, every organization's department needs a financial resource to support in the execution of their tasks. Accounting is a process that entails measuring and summarizing finances of business activities within the organization (Siegel & Shim, 2006). The financial information and results are then communicated within the organizational structure to help in making plans and decisions. According to Siegel and Shim (2006), financial accounting within the organization generates various vital documents including a balance sheet and financial statement that are very crucial both internally and externally to the business.
Good management of accounting within organizational structure motivates the managers and employees towards achieving the objectives of the organization. Apparently, as discussed earlier within HR section, an employee needs to be driven in order to advance performance within the workplace or organization. According to Noe (2007), a well-motivated employee significantly dedicates their energy towards realizing organization’s productivity. Nonetheless, proper accounting within the organizational structure enables the external entities to make a valid decision about the organization. For instance, the banks or creditors use accounting documents to determine whether they can support the organization by giving them loans. On the other side, the shareholders use the information to make a decision on areas to invest, and this ultimately affects organizational structure.
Even though, the importance of accounting and HR within the organization may be overemphasized, IT, on the other hand, is quite critical for the functionality of the organization. In a recent study by experts indicated that IT is quite vital to the operation of the business (Roach, 2007). It provides an organizational structure for the scalability and ability to manage the increasingly becoming complex organization in the current world. Ideally, efficient and faster flow of information within the organizational structure is the attribute of the massive success of the organization. According to Roach (2007), the use of IT within the organization is quite important in realizing the achievement of organizational objectives.
The capacity of IT installed within the organizational structure determines the level of growth of an enterprise. Organizations with improved IT scalability are better placed to eliminate the obstacles, enhance their competitive edge, as well as ensure better performance of the organization (Roach, 2007). Precisely, the level of utilization of modern IT determines how faster communication takes place within the organization. This in turn influences how operations or activities are carried out within the organization. Customers or consumers only value organizations with efficient IT systems that gives them considerable experience and convenience. In summary, the use of IT within the organizational structure is an essential ingredient in ensuring the organization becomes successful in the long-run (Roach, 2007). Information Technology (IT) is a component that influences communication within the organization thereby promoting its growth and prosperity. As such, any organization that aims at success needs to install an efficient and effective IT system that supports all the activities carried out within its organizational structure. The efficiency of communication and operations should be the basis for determining, which IT system to adopt (Roach, 2007).
Subsequently, marketing is as well vital element within the organization’s departments or structure. According to Sheehan (2011), marketing is the final process of taking the final produce of the organization to the consumers. Marketing ensures the products produced within the organization are channeled out or distributed to consumers. Effective marketing within the organizational structure ensures the capacity of the organization’s productivity is improved (Sheehan, 2011). When the marketer sells every unit produced, then the employees and managers are encouraged to produce more for consumption. More importantly, marketing is very critical in ensuring the organization’s success.
In summary, various elements enhance the performance of a business entity through its organizational structure. Human resources are no doubt the most important element in an organization. The department of the human resource must be capable of operating in all its capacity to ensure the organization becomes successful. The 21st global marketplace has become competitive with various organizations looking for survival tactics. In developing the success strategies, the resources are the most important aspect of the organization. Finances play a critical role in ensuring the organization’s activities are carried out as planned. Accounting is the management of these financial resources to ensure there are no wastages in the running of the organization. However, the two vital resources (HR and Finance) cannot enable the organization to become successful without effective IT system within the organizational structure. In essence, IT determines the flow of information or the interactions within the organizational structure. Effective IT within the organization ensures efficiency in operations thereby enhancing the performance of employees in the organization. Nonetheless, marketing is as well vital. It ensures the final produce of the organization is channeled or distributed to the consumers within the marketplace.

References

Noe, R. A. (2007). Fundamentals of human resource management. Boston: McGraw-Hill/Irwin.
Roach, J. R. (2007). It. Ann Arbor: University of Michigan Press.
Sheehan, B. (2011). Marketing management. Lausanne, Switzerland: AVA Pub.
Siegel, J. G., & Shim, J. K. (2006). Accounting Handbook. Hauppauge, NY: Barron's.

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WePapers. (2021, February, 06) Good Research Paper On Organizational Structure. Retrieved August 05, 2021, from https://www.wepapers.com/samples/good-research-paper-on-organizational-structure/
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