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Organisation & Management Fundamentals



ICWA : Foundation
Paper 1 : Organization & Management Fundamentals
[One paper: Three Hours – 100 marks]
Objective . . .
•
To gain basic knowledge in Organizational Management
•
To understand the concept of business management at the macro level
Section I : Organization — 30%
1.
Nature and Functional Areas of Organization
10%
•
Organizational structures.
•
Functional areas of business and their operations
•
Activities of different functions
•
Formal & informal organizations: principles of organizations
•
Criteria for grouping
2.
Schools of Organizational theory
10%
•
Classical, behavioural and systems
•
Current trend and approaches
•
Behaviour in organizations
•
Role of behavioural science
3.
Organizational Management
10%
•
Objectives ( missions, goals and targets)
•
Conflicts between objectives
•
Appropriate strategy formulation
•
Determinants of culture
•
Different models available for categorizing cultures
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Different models of organizational model management available to achieve goal congruence.
Section II : Management — 70%
4.
Human resource management
20%
•
Human resource plan
•
Human issues relating to recruitment, dismissal, retirement and redundancy
•
Activities of different functions
•
Models of Human Behaviour and Motivation and its applications (Taylor, McGregor, Maslow, Hertzberg etc).
•
Training & development.
•
Development and design of reward system
5.
Management of Relationship
20%
•
Process of Management covering planning, organizing, staffing, directing, motivating, communicating and control
•
Concept of power, authority, responsibility and delegation
•
Characteristics of leaders and managers
•
Management Style theories
•
Contingency approach
6.
Management of Change
15%
•
Stages & Process of Management change
•
Structural change & Cultural change
•
Approaches to the management of organizational development
•
Importance of managing critical period of change
•
Ways of handling these periods of change
7.
Pattern of Management
15%
•
Broad policies and functions
•
Structural pattern of Board of Directors.
•
Concept of public sector, social objectives, public sector management
•
Current management thoughts

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