There is always something more than the mere task and there is the big picture, which needs to be taken into account. Sometimes, Interdependence: Although with division of labour an organisation operates by segregating its activities into different functional areas, the interdependence of every function finally helps in realising the organisational objectives. Where sub-division and departmentalisation is essential, coordination is all the more important. Coordination helps an organization to sell high quality goods and services at lower prices. Coordination also minimizes the wastage of resources in the organization. Meaning - What it Includes? Muscular coordination keeps our eyes steady. What is Corporate Finance? Prep for a quiz or learn for fun! Coordination means to integrate (bring together) all the activities of an organization. Coordination is a function of management. These resources are used to achieve the objectives of the organization. When an individual is working, there is no need for coordination. She recalls the response to a devastating 6.7-magnitude earthquake that occurred in Nura village, south Kyrgyzstan, in 2008, which was a few years before DRCU was established. Change ). They are also known as complex ions or coordination complexes because they are Lewis acid-base complexes. Co-ordination is an orderly arrangement of efforts to provide unity of action in fulfilment of common objective whereas co-operation denotes collective efforts of persons working in an organisation voluntarily for the achievement of a particular purpose. The hypothalamus and pituitary gland have important roles in detecting and controlling thyroxine levels. Importance of coordination compounds Coordination compounds, such as the FeCl 4 - ion and CrCl 3 6 NH3, are called such because they contain ions or molecules linked, or coordinated, to a transition metal. What are the Advantages of Opening Bank Account ? This is impossible in the physical world, but it is possible in human affairs through co-ordination. What is Finance? It encourages the employees to work as a team and achieve the common objectives of the organization. Co-ordination is the ". Optimum utilisation of resources: Coordination is important to consolidate the human and material resources of the organization. Since coordination leads to optimum utilization of resources it results in more returns and low cost. Coordination is an orderly arrangement of group efforts to maintain harmony among individuals efforts towards the accomplishment of common goals of an organisation. Physical balance is often ignored at the peril of athletes. 3. Moreover coordination enhances collective competence pooling together each individual employee’s knowledge in creating a knowledge pool. Synergising differentiated work: As earlier explained success of an organisation is dependent on a scenario where combined effect of efforts becomes greater than the sum of their separate effects. Any increase in the scale of the business also results in an increase in the number of people employed in the organisation, with each person […] There are many departments in the organization. Management seeks to achieve co-ordination through its basic functions of planning, organising, staffing, directing and controlling. The collective organisational goal is quickly achieved by removing the said hindrances. Coordination compound, any of a class of substances with chemical structures in which a central metal atom is surrounded by nonmetal atoms or groups of atoms, called ligands, joined to it by chemical bonds. 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