TITLE:
Enhancing the Efficiency of the Management of Real Estate Companies through Organizational Structures
AUTHORS:
Marian Maria-Liliana
KEYWORDS:
Management of Real Estate Companies, Organizational Structure, Organizational Chart, Functional Structure, Organizational Relations, Hierarchical Weighting, Real Estate Project
JOURNAL NAME:
Open Journal of Applied Sciences,
Vol.12 No.10,
October
28,
2022
ABSTRACT: The article represents research
on ways
to make the management of real estate companies more efficient, starting from
their structural organization. The organizational structure of the enterprise is
a basic component of the general structure of the company and reflects the
“anatomy of the enterprise” and the way of its conception, detailing, and implementation
directly influence the activities required to achieve the objectives of the
enterprise. On closer examination of a
series of organizational charts of real estate management companies, the
author observed a tendency to use organizational structures that are
inefficient. The main objectives of this article are to bring into the practice of real estate management a model of
beneficial organizational structure, both for the real estate
management companies and for the construction companies that, besides the
building activity, also deal with the management of their own real estate, and to emphasize the particular
importance of the organizational structure of the company.
The appreciation of the organizational structure represents the process of
knowledge, understanding, and explanation of the existing situation through a
detailed analysis of the factors that influence its condition through: the
enterprise development strategy; the type and complexity of services; the size
of the enterprise; the quality of human resources; the changes that take place
in the external environment of the company, and last but not least, the legal
framework and the statutes of the enterprise.