Companies and organizations have evolved from man’s inherent sociable nature and his necessity to come together for safety and efficiency. Specialization enabled the growth of expertise and innovation, and as different people with varying skill sets came together, the company was born.
A company is any group of individuals who have come together for a particular purpose. Nowadays, a company is distinguished from similar groupings of people like a cooperative, corporation or NGO, by the fact that a company is a profit making entity. However, like with many other words, the context would decide the proper connotation. Depending upon legal jurisdiction, a company may or may not be a legal person. Today, companies are there in every business, whether it is in consultancy or management, production or design. Understood to be in the private sector, companies provide employment, encourage competition and inspire innovation. Companies enable the harnessing of individual talent by providing a platform for their talents, enabling experimentation, and ensuring development of products and services at the cutting edge.
An organization is a more encompassing term and may be used for any group of people with a common purpose, but it is usually understood that the purpose is not monetary. The purpose of most organizations is to organize something – a movement, a group of companies with similar interest, a lobby interest, an industry sector, a social cause, a scientific concept, a governmental endeavor. Thus, organizations in various sectors are born that provide a platform and voice to its interest area.
Companies and organizations are important aspects of humanity as they foster cooperation, intermixing, and provide for benefits that may not accrue from individual efforts. In this section, we provide you links to an assortment of organizations, concepts, platforms, and related resources.