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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
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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