Authored by Junaid Khan
Before industrial revolution, very few companies were doing business in a well-organized or systematized way. The companies used to have small operations and in most cases, a single person was managing all the operational strategies. The decisions were in the light of overall company objectives and available resources. By the time, manufacturing cycle of the companies increased, the management of entire operation became impossible for a single person and formation of departments with specific objectives contributing towards overall organizational goals was introduced.
Before industrial revolution, very few companies were doing business in a well-organized or systematized way. The companies used to have small operations and in most cases, a single person was managing all the operational strategies. The decisions were in the light of overall company objectives and available resources. By the time, manufacturing cycle of the companies increased, the management of entire operation became impossible for a single person and formation of departments with specific objectives contributing towards overall organizational goals was introduced.