Analyzing Your Organization Structure
1) Environmental complexity is the "magnitude of the problems and opportunities in the organization's environment as evidenced by the degree of richness, interdependence, and uncertainty". The environmental richness is high when the economy is growing. Currently the economy is slowly recovering from one of the largest recessions, and the brokerage firms are slowly recovering as well. The market has been doing well and the brokerage firms are doing better as well. While the economy was suffering, the brokerage firms also got hit with different law suites for their analysts' decisions and for their inability to control the mutual fund breakpoints. It was a double hit, with the market steadily declining after the 9/11. However, since about the end of 2002, the industry has been recovering. The support staff is rehired, the training programs are opening up for new broker trainees, the office spaces are remodeled and more money is spent on advertising. Our company is too small to have a strong environmental interdependence. I do believe that we have a few outsiders that sit on our board of directors, however, due to the lack of communication in our organization, I would not be able to tell you who the people are and what benefit if any they provide to us. Uncertainty and volatility does not seem as much of a problem for my organization. Being a small company with only one management level and a total of 21 employees, it is quick to adjust to any volatility. In fact I believe that even through the recession of 2001-2002, while most brokerage firms were happy to stay even with the market, our company was outperforming all the indexes and was consistently making profits.
2) I believe our company's structure is the uses vertical specialization, which by definition is "a hierarchical division of labor that distributes formal authority and establishes where and how critical decisions are to be made". Also, I would say that our formal authority is centralized, which means that the decisions making is restricted to higher levels of management. Typically most of our decisions are made by the president. He is the sole authority on everything. Even though there are 3 other managing partners, not a single one will take it upon himself to make the final decision, our president will be making it.
INTRODUCTION Within a given organization, structure is one of the key components that can lead a company to success or failure. The top echelon of the organization should ensure the right people are employed in their specific areas of expertise, that they are given proper job outlines, authority and goals to accomplish to ensure that organizational behavior matches the company values. The organization needs to be aligned with the individual goals of the employees, to ensure the individual feels
taught us the standard five paragraph organization for an essay. But, I never liked that organization because I felt by following that process my essay would lose its uniqueness. When I started this class I thought this course would be like all the others I have taken in the past, all following the same pattern, but this was different. When we started our first essay “Writing to Share an Experience” the directions to the students were “organize and use the rules to your benefit.” To me, this was freedom
insights on how to effectively talk to your employees and how to treat them like customers. In this book, there are several principals to communicating and simplifying the process in delivering a message; we choose to highlight three techniques that are commonly used in our society today. Measuring effectiveness, the use of employee surveys, and the inverted pyramid format of communication and employee benefits. Measuring Effectiveness starts with getting an idea of your employees’ or audience’s idea of
group, and organization, and analyze the relationships among them. And “it’s a field of study that investigates the impact that individuals, groups, and structure have on behavior within organizations, for the purpose of applying such knowledge toward improving an organization’s effectiveness”. OB focuses on study the behaviors of individuals, and groups inside the organizations, and how their behaviors affect the performance, the efficiency, and effectiveness of the organizations. “Although
1) What are some examples of bridging and bonding social capital from your everyday experiences? Examples of bonding in my everyday experiences is my membership in a Christian fellowship and workplace, for bridging it is my neighborhood. • How is an understanding of bridging and bonding social capital helpful in understanding social networks? It is helpful because it create an understanding that there is always connections or a common reasoning among people that brings them together, either
In analyzing risks as a risk manager, has to consider patient safety, which would include activity, process, and policies in reducing harm to patients from errors. The aim should be to prevent harm to patients and avoid costly medical mal practice suits. A risk management process should be clearly understood and stated in order to apply appropriate measures. In implementing an effective risk management plan, Avedis Donabedian, introduced a model that is called the seven pillars of quality in health
approach to figure out the requirement process in two different ways (hard and soft) to produce the best solution. Rich picture is the technique to look at the actual climate of the organization; it gives you a clear idea how system is working, who is involved in the system what issues they have, what is the structure of the system, what conflicts they have? Rich picture gives you all the answers mentioned above, it helps understand the existence of the soft problems within the system; there is no
Chronicle’s small business section that stated, the recruitment and selection of the right employee for each position can lead to the reduced costs, thus leading to an improved bottom line. The recruitment and selection of the right talent for an organization is pivotal to its success and comes at significant cost. In an article published by Forbes Magazine (2013), US corporations shelled out approximately $72 billion dollars in their recruitment and selection efforts. This comes out to be on average
logos by means of analyzing a documentary. I chose Jia Jiang’s TED speech, 100 Days of Rejection. Because there are masses of details and stories I could take advantage of to confirm this documentary’s creditability. In addition, as for the Writing Project 2, I explored the issue of Arms Trade by analyzing multiple perspectives regarding a solution. That’s a great challenge for me. Furthermore, in my Writing Project 3 I proposed a series of solution to Everytown, a local organization fighting for the
useful tool to analyze classroom discourse. The three-tier model is particularly helpful in gauging the progress of teachers’ pedagogical goals and students’ learning in real time. 2. INTRODUCTION 2.1 The Importance of Analyzing Discourse The foremost claim about the importance of analyzing discourse is rooted in the role of language in society. The social relevance of discourse analysis is that the very choice or extension of the object or field of linguistic research—actual language use in its social
One of the most important task which a forensic investigator is required to do is not the analysis of system, but being able to successfully document and communicate the forensic process and the investigation findings to their intend audience through the writing of forensic reports. A forensic report must be written such that they are technically accurate and still easy for the audience to comprehend or read. Failure to properly write a forensic report can make it useless to its intended audience
are working. A general thinking is that the most senior in the management of any company becomes the leader of that company. They are just that, senior executives. It is not connected with any pay grades or the level of seniority you have in the organization. Peter Drucker: “The only definition of a leader is someone who has followers.” Warren Bennis: “Leadership is the capacity to translate vision into reality.” Bill Gates: “As we look ahead into the next century, leaders will be those who empower
The Board of Directors is the highest governing authority in a professional management structure. It is made up of two tiers of individual members who are elected by the shareholders of the corporation to establish corporate management related policies. These two tiers include individuals chosen from within the company such as manager, CEO or other daily worker of the company. The next tier involves chosen individuals that are outside of the company and considered to be independent. These individuals
humans being proficient in governing their body’s innermost structure, they soon come to recognize the sophistication of our inner space which holds an extensive plethora of bacteria and other microorganisms that lie within each and every one of us. Moreover, scientists' new and emerging view of how the human body operates, and the cause of increasing present-day diseases (i.e. obesity and different autoimmune disorders) are uncovered by analyzing effects of certain microbe species in our bodies. By italicizing
How can the concepts in this chapter be applied and implemented in an organization? The current organization’s framework and hierarchy are designed through simple social and power selection rather than capabilities and knowledge. Such process is non-efficient and decreases productivity. Therefore, through the incorporation and implementation of Person Job Fit, the organization will concentrate on finding an individual whose skills, knowledges, and abilities matches the job position. Consequently