Ans. Co – ordination refers
to inter – linking activities in the organisation. It is a process of
integration of activities of the members of an organisation to achieve common
goals. The significance/importance of co – ordination are as follows:
1.
Integrated Group Effort: Co – ordination is
related to integrated group effort. It is only a team work under the guidance,
direction and motivation of the manager which encourages the subordinates for
the achievement of the organizational goals. This reduces the conflicts between
the employees and increases their team spirit.
2.
Creative Force: It is a group effort of all employees
and not individual effort in an organization that helps to co – ordinate with
each other and forma a creative force, as to achieve the desired results.
Combined efforts of all the employees can help an organization to overcome its
limitations and achieving organizational objectives.
3.
Unity of Direction: All the departments in the
organization perform different activities. Co – ordination brings together
these activities for achieving common goals and objectives of the organization.
Thus co – ordinating gives proper direction to all the departments of the
organisation.
4. Higher Efficiency: -Efficiency
can be measured in terms of Returns and Costs. Higher efficiency is a result of
high return and low costs due to optimum utilization of resources. So
co-ordination leads to high efficiency.
5.
Improves Goodwill:
-Higher
efficiency means low costs and higher sales leading to higher returns. This leads
to better prices of shares in the market. Better return also helps the
organization to build a good image and goodwill for the organization in the
market and corporate world.
6.
Specialization:
-All
the departments of the organization
are headed by specialized professionals in their respective fields.
Co-ordination among these specialized professionals can lead the organization
towards achieving the targets as planned.
