What Organisations Are and Why do They Exist

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It is evidently clear from the discussion that there are a number of common features found in every organization. These include. vision, mission, strategies, values, strategic goals and systems. It is these features that will distinguish one organization from another in the market. Generally, an organization’s vision is the statement that describes the organization’s desired position in the market. On the other hand, the mission is the purpose of the organization – the reason for its existence in the market. Strategic goals are the achievements that the members of the organization wish to achieve as they work toward their mission. An organization’s values describe the culture and personality of the organization. In other words, it is the ways that the organization carries out its activities to attain its strategic goals. Strategies are the approaches that the organization tends to utilize to attain to its goals and objectives. Organizations in many cases formulated short and long-term strategic goals and make plans to achieve them. Yet again, the organization’s structure, systems, procedures, and processes describe the specific ways by which the organization is broken down into sub-divisions or departments and how activities are conducted. all these with an aim of facilitating the attainment of business objectives in general. Each individual organization tends to come up with the different way of splitting the organization into divisions with each division having specific duties for that in some way will lead to the attainment of organizational goals. Yet another feature that is characteristic of organizations is the existent of a management structure which determines how positions and functions of the entity are related.