Business: Effective Innovations and Technological Advances

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Organizational Impact Paper
Introduction
Organizations determine their structure by the various goals the organization wants to achieve; however, organizational structure can facilitate or deter the organizations advancement with regard to the accomplishment of these goals. Both small and larger organizations can attain increased sales and added profits in appropriately matching their structure with their needs to function. The three organizational structure types are, functional, divisional and matrix.
Innovation has a significant impact on the organization giving it a competitive advantage, and today organizations must be innovative to be successful and competitive in the marketplace. Ideas of innovation not only impact organizational strategy, the process, service, and products offered to the consumers. Innovative ideas require the organizational leaders to identify how the implementation process will proceed and its success based on the structure of the organization.
UPS (United Parcel Service) - Functional Structure
United Parcel Service (UPS) is continually finding innovative ways to remain the world’s largest package delivery company. Founded in 1907, the innovative strategies have continued in offering package delivery, logistics service, and specialized transportation in over 200 countries globally.
In 1907, the company started by James Casey in Seattle, Washington, called the American Messenger Company, and opened with the minimal sum of $100.00 Casey borrowed from a friend; Casey saw the need for this delivery service and in 1919 expanded to California, and was renamed United Parcel Service. According to UPS (2014), one of the first innovations was “building the first conveyor belt system for handling packages....

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...ices at high efficient levels while reducing operating costs is a formula for generate profits and creating a competitive advantage. To achieve these objectives organizations will have to rely upon not only offering quality products and services but also incorporating methods of innovation. Innovative ideas require the organizational leaders to identify how the implementation process will proceed and its success based on the structure of the organization.

Works Cited

Bank of America. (2014). retrieved from: http://message.bankofamerica.com/heritage/
Bank of America. (2014). retrieved from: http://about.bankofamerica.com/en-us/our-story/where-we-are.html#fbid=Ptrgtqv0df2
Dow Chemical (2014) retrieved from http://www.dow.com/innovation/resources/
United Parcel Service. (2014). retrieved from: http://www.ups.com/content/us/en/about/history/index.html?WT.svl=SubNav
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