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Full Description
Organizational behavior (OB) is the study of the way people interact within groups. Normally this study is applied in an attempt to create more e cient business organizations. The central idea of the study of organizational behavior is that a scienti c approach can be applied to the management of workers. Organizational behavior theories are used for human resource purposes to maximize the output from individual group members. There are a variety of di erent models and philosophies of organizational behavior.Areas of research include improving job performance, increasing job satisfaction, promoting innovation and encouraging leadership. In order to achieve the desired results, managers may adopt different tactics, including reorganizing groups, modifying compensation structures and changing the way performance is evaluated. Organizational behavior is particularly relevant in the eld of management due to the fact that it encompasses many of the issues managers face on a daily basis. Concepts such as leadership, decision making, team building, motivation, and job satisfaction are all facets of organizational behavior and responsibilities of management. Understanding not only how to delegate tasks and organize resources but also how to analyze behavior and motivate productivity is critical for success in management. Organizational behavior also deals heavily in culture. Company or corporate culture is difficult to define but is extremely relevant to how organizations behave. A Wall Street stock-trading company, for example, will have a dramatically di erent work culture than an academic department at a university. Understanding and defining these work cultures and the behavioral implications they embed organizationally is also a central topic in organizational behavior. Nature of organization states the motive of the firm. It is the opportunities it provides in the global market. It also defines the employees' standard; in short, it defines the character of the company by acting as a mirror re ection of the company. We can understand the nature of any firm with its social system, the mutual interest it shares and the work ethics. This text aims to provide a good foundation in the concepts of organizational behaviour.
