A Business Encyclopedia

Formal Groups

Definition: The Formal Groups are formed deliberately and consciously collectively to direct the efforts of group members, especially the employees towards the accomplishment of organizational objectives.

The formal groups are formed to fulfill any of the following purposes:

  • To capitalize the expertise of each individual towards the accomplishment of complex tasks.
  • To make use of synergy, i.e. collective efforts of group members yields better results than an individual working separately.
  • To facilitate a proper decision-making, as with many people in a group the conflicting ideas and thoughts arise that could be considered to formulate a better decision.
  • To help others in the group to learn new skills and to know about the details of the organizational environment.
  • To satisfy the personal needs of social affiliations, i.e. need to get accepted by others.

The several groups are formed to serve the specific needs of the organization and can be in any of the following forms:

Formal Groups

  1. Committees
  2. Task Force
  3. Quality Circle

The formal groups, mostly relate to the organizational missions and can either be permanent or temporary. The permanent formal groups are in the form of top management team such as the board of directors, management committees, several departments within the organization etc. The temporary formal groups are created to fulfill the specified set of objectives.

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Related pages

joharri windowwhat is a spot transactionimportant scaling techniquesperfect competition market structure characteristicsconcept of promotion mixpolycentrism in businessbrand portfolio definitionaccelerator economics definitiondivestment processdefinition of a parachuteexample of oligopoly marketjohari modeldefinition of suasiondiminishing marginal utility definitionadvantages of a debenturecharacteristics affecting consumer behaviorselection meaning in hrmmax weber bureaucratic organizationwhat is the meaning of delphigeographical segmentation definitionporter's five forcedefine taylorismreturn on capital employed analysisslr meaning in bankingresonant meaningsebi employeescyclical unemployment is defined as unemployment that results fromdefinition of entrepreneur and entrepreneurshipmicr cheque meaninghrm processconcept of classical conditioningimportance of price elasticity of demand to consumersdefine industrial relationwhat is job enlargement and job enrichmentdisadvantages of debenturesdefine multi-faceteddefine pure monopolyeft definitioncarrot and stick meaningdifference between demand estimation and demand forecastingmeaning of probability in hindisegmentation meaning in marketingalderfer theorywhat is channel conflict in marketingdefine reorder quantitytaylors scientific management theorypurpose of likert scaleconcentric diversification examplesstratified proportional samplingmodigliani definitiondefinition of stratifyordinal utility definitionmeaning of marginal standing facilityentrepreneurial process pptstraddle defineadvertising elasticity of demand formulameaning of autocracycharacteristic of perfect competitionforeign exchange transaction riskimportance of hire purchaseg2g government to governmenthertzbergs theorydemat account definitionoperant condition definitionsocial loafing experimentchannel management meaningsegmentation bases in marketingspanning meaning in telugudefinition propoundstratification statistics definitiondefine segmentingarbitrage conceptarbitrage forexmeaning of beplaissez faire management stylesmonolistic competitionconsumer psychology pptpoaching employeeswhat is gangplank in managementmsf bank rate