A new series of articles that we start today, with the blessing of God, entitled (The Executive Director), through which we explain everything related to the management of companies from the administrative structure and the roles assigned to the top management and then the role of each department. We also determine the benefit of dividing departments into departments and how to organize relationships between all employees in the company so that responsibilities can be defined and the principle of reward and punishment can be applied, what are the tasks required from each individual and how all these tasks are coordinated with each other.
Over the course of a year and a few months, we shared a real estate information journey where we chose to write a series of articles with a main title (real estate terms) We tried to clarify most of the terms used by those dealing in the real estate industry, explaining the origin of these terms and explaining their elements and the extent of their impact on the economy in general and real estate investment in particular, and we hope that we have succeeded in our endeavor and added new and useful information to the reader.
We hope that we have succeeded in our endeavor and added new and useful information to the reader.
The organizational structure of companies has multiple models that vary according to the size of companies and the number of departments in them, as well as the number of employees and the number of work sites, and the most important management models are the following:
Functional structure: It is the most widespread model in most companies, through which each functional specialization is grouped into one department, thus there is one engineering department, one marketing department, one sales department, one finance department, etc., and under each department are the branches that belong to it
Sectoral structure: Where each functional specialization is grouped into one sector and this organization appears in large-scale organizations that are forced to divide into sectors (industrial sector - commercial sector - agricultural sector)
Initiative structure: It relies on complete centralization so that all decisions are in the hands of the strategic head of the organization
This new series of articles aims to increase management awareness among business owners and managers and will explain how top management works, setting strategies, achieving goals, job descriptions, organizing relationships between superiors and subordinates and between different departments and other successful management methods.
Real Estate Expert
