An Organization Study at Hmt

1.1 INTRODUCTION

One of the most challenging tasks of a business may be organizing the people who perform its work. A business may begin with one person doing all the necessary tasks. As the business becomes successful and grows, however, there is generally more work, and more people are needed to perform various tasks. Through this division of work, individuals can become specialists at a specific job. Because there are several people—often in different locations—working toward a common objective, "there must be a plan showing how the work will be organized. The plan for the systematic arrangement of work is the organization structure. Organization structure is comprised of functions, relationships, responsibilities, authorities, and communications of individuals within each department. The typical depiction of structure is the organizational chart. The organizational chart has been described as looking like a tree, with the roots representing the president and the board of directors, while the branches symbolize the various departments and the leaves depict the staff workers.

Organizational study helps a researcher to understand the working and policy making activities of the company as a whole. It provides a researcher the practical knowledge about the functioning and co-ordination of the activities of the various departments.

1.2 OBJECTIVES OF THE STUDY

i. To familiarize with overall performance of HMT MACHINE TOOLS LIMITED Kalamassery

ii. To study different departments in the organization and their functioning.

iii. To enable and understand how the key business process are carried out in organizations.

iv. Understanding the Organizational Work culture.

v. Understand how information is used in organization for decision making at various levels.

vi. Finding the problems and limitations of the organization, if any and giving appropriate suggestions to overcome the difficulties.

vii. To identify opportunities, threats,...