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Strategic Management Process at general electric
what is organisational structure and why does it matter
what is organisational structure and why does it matter
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For a company to be successful it is important that it has very good organization. Organization can be defined in many different ways. Bateman and Snell define organizing as assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals. Organizing activities include attracting people to the organization, specifying job responsibilities, grouping job into work units, marshaling and allocating resources, and creating conditions so that people and things work together to achieve maximum success (Bateman & Snell, 2011). When a company is able to successfully organize each portion of their business, they will then be able to maintain a strong foundation. A company that has managed to be successful through its well use of organization is that of General Electric Company. They have what it is called a ‘flat’ structure in which everyone becomes equal (Clawson, 2012). General Electric used to have 29 levels, but today it has only a handful of layers (Bateman & Snell, 2011).
The General Electric Company (GE) is organized with its chief executive officer, shareowner, and board of directors on the top of the pyramid, followed by their executive leaders and corporate staff. GE’s Board of Directors ensures the company serves the interests of shareowners and other key stakeholders with the highest standards of integrity and compliance. Serving equally as tough critics and wise counselors, they provide in-depth oversight of the major strategic issues of the company (General Electric Company, 2012). The authority officially vested in the board of directors is assigned to a chief executive officer (CEO), who occupies the top of the organizational pyramid (Bateman & Snell, 2011). There chai...
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...ic Company is a very good example of how a company can change their organizational strategies to better their company. By switched from a tall to a flat organization they are now able to work together to help the company become more successful.
Works Cited
Bateman, T.S., & Snell, S.A. (2011).Management: Leading and collaborating in a competitive world (9thed). New York, NY: McGraw-Hill Irwin.
Clawson, D.M. (March 13, 2012). Management Theory and Practice- Week three: Organizing as a Management Function.
General Electric Company. (February 2011). GE Company Organizational Chart. Retrieved from http://www.ge.com/pdf/company/ge_organization_chart.pdf
General Electric Company. (2012). Functions. Retrieved from http://www.ge.com/careers/functions.html
General Electric Company. (2012). Leadership. Retrieved from http://www.ge.com/company/leadership/index.html
An organization is structured in a certain way based on some factors. Size is a factor because the bigger the organization, the more complex its structure. If the company is small, the design is generally simple. A small company does not have to undergo a formal structure. Larger organizations depend more on authority delegation and formal work responsibility, because a bigger company is harder to manage. Another factor is the lifecycle of the organization. An organization undergoes the...
Organizing is defined as the assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals (Bateman & Snell, 2004). The aspect I want to first discuss is how knowledge plays a big role in the organizing function of management in my organization. This is extremely important for organizing an organization because management has to obtain as much knowledge as possible. Here is a quote I will share that I have in my office from management “To know that we know what we know, and that we do not know what we do not know, that is true knowledge" (Thoreau, n.d.). They have to know about their plans for the future, their employees, competitor’s plans, changes in their market, and what to expect from the customer. They also have to try and plan for the unexpected things that happen to an organization. My organization starts the knowledge process by attending a convention called Association for the Advancement of Medical Instrumentation (AAMI). It is a meeting of medical device organizations and customers who are there to preview and review existing and new products. It gives my organization a chance to know what is out there presently and what is on the horizon for our competitors. Baxter Healthcare uses this convention as a steeping stone for planning in the future. They will involve a large amount of management to go around to the different booths of other companies and find out what their products are all about. That gives the organization an idea of what we are up against and what we have to plan ahead for. It is here were organizing comes into play with management for gaining all the knowledge possible to achieve maximum success. It is also a very important function for management to organize ...
Kinicki, Angelo, and Brian K. Williams. Management: A Practical Introduction. New York: McGraw-Hill Education, 2013. Print.
All Businesses must have an organizational structure in order to function efficiently and correctly. Whether the business is big or small, organization is one of the major keys to success. Organizational structures may come in all shapes and sizes. Best Buy Co. is a great example of a large business that has a solid organizational structure and it shows how being organized can take your small mom and pop type business and grow it into the retail giant it is today.
Kinicki, A. & Williams, B. (2012). Management: A Practical Introduction (6th ed.). New York, NY: McGraw-Hill Irwin.
Robbins, S.P., & Coulter, M. (2009). Management (10th ed.). Upper Saddle River, NJ: Pearson Prentice Hall.
Robbins, S. P., & Coulter, M. (2009). Management (10th ed.). Upper Saddle River, NJ: Pearson
Robbins, S., Decenzo, D., & Coulter, M. (2013). Fundamentals of management. Upper Saddle River, NJ: Pearson Education, Inc.
Organizational structure is defined as ‘the organization’s formal framework by which job tasks are divided, grouped and coordinated’ (Robbins et al., 2000: 351). Generally an organizations’ structure is considered to be the managerial framework that directs the non-managerial employees. Traditionally western organizational structure can be argued to have developed from the feudal system of government where a strict pyramidal power and class structure existed.
Organization is the function of assembling and coordinating human, financial, physical, informational and other resources needed to achieve goals. Without this function, my business would have folded in the first week. I have midlevel managers to gather together my employees, and discuss the plans for the week. Specific shoe styles must be displayed and organized in a certain order. Information must be disseminated to our marketing team so they know who we are targeting and what steps to take to increase our visibility and productivity. Organizing is not something just one person can do alone. For this function to work, it will take the entire team to pull together for us to triumphant.
Kreitner, R. (2008). Foundations of management, basics and best practices. New York, NY: Houghton Mifflin Company.
Organization is explained as a tool or the coordination of people and their action to achieve or fulfill their value. Organization joins resources and human being for making product or services with their input and output aspects, processes in their existing environment. Organization is survived because of the better economic performance, specialization of labor, environmental management, balance between power and control and so on.
Robbins, S. P., & Coulter. M. (2014). Management (12th ed.). Retrieved from: Colorado Technical University eBook Collection database.
Organizing involves determining the tasks to be done, which will do them, and how those tasks will be managed and coordinated. Managers of an organization have to put a work team together so that proper information, resources, and tasks can flow properly and efficiently in an organization.