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. When you first examine the organizational structure of Best Buy Co. it can be a bit confusing. Though the company is one big organization, it has many smaller sub organizations, for example Geek Squad and Best Buy Mobile. Though they are one company Geek Squad offers computer repairs as well as computer and home theater installations and trouble shoots, and Best Buy Mobile offers cell phones, while Best Buy as a store sells electronics. The Best Buy Co. organizational structure appears to be a hybrid of a functional and a divisional structure. The store is setup with different departments and each department has a lead or a supervisor that is in charge of meeting sales and financial goals. Above the department supervisors, there is a sales manager and then a general manager that is in charge of everything and everyone in that retail location. That is the part that is more of a functional structure. The divisional structure comes in the separate sub organizations. Best Buy Mobile, though it is in the same retail location most of the time, has its own separate budgets, and sales goals, its own payroll allocation and manager, making Best Buy Mobile a separate entity within the store (Best Buy Co. , 2011). With a functional structure, bottom level sales employees report to... ... middle of paper ... ...t bring as much profit. If the marketing department is big enough, it may even be assigned its own organizational structure, with its own chain of command that is only specific to that department. Organizational design helps determine which structure best suits the organizations needs by showing the company where its flaws are and allowing the company to adapt and fix its’ deficits. For a big company like Best Buy it seems the best choice for an organizational structure would be a hybrid or matrix structure. The company is so huge and has so many departments, it may take a couple of different strategies and ideas to keep the company running efficiently and profitable. Also, an organizational structure that works in one area may not always be the best for another are. Companies must find organizational structures that are efficient financially but also productively.
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I had the opportunity to take the 16 Careers Cluster Inventory. I found the assessment very easy to take. As well, I found the inventory easy to score. My results of the assessment indicated my top three career areas were: 1. Educational and Training, 2. Health Sciences, and 3 had a three way tie between Human Services, Hospitality, and Law enforcement. I found the assessment to be dead on. Based upon the past personality inventories that I have taken I found the suggested areas very appropriate. One of the appealing aspects of the inventory was the easy of taking it! It seemed to gather accurate information without being overly pathological and test-driven.
Wells Fargo will also be streamlining its functional organizational structure in order to make efforts towards improving their business. A functional organizational structure is a structure that consists of activities such as coordination, supervision and task allocation. The organizational structure determines how the organization performs or operates. Each board member is held accountable for a certain area of business. These areas could be either production, marketing, human resources, accounting, etc.
After taking the career interest profiler, I showed the strongest interest in enterprising and investigative (“Family Connection”). As I explored potential careers for myself, I narrowed it down to two career choices: a lawyer and a public relations and fundraising manager. After further research, I decided that the best career for me will be a public relations and fundraising manager because I am passionate about planning events and helping people, I possess characteristics vital for the career, and I am good at public speaking and writing.
My major is Fine Art and Digital Media and declared in Gallaudet University because drawing been my passion since I was really young. It is not just passion, what I mean by passion is that I do not simply create it since teaching myself to draw because of what I want to do with my hands and embrace it since it make me happy where it do not change at all like people tend to and favorite thing to do to get disconnect from reality for a while. I like coming through about anything within my experience and hardship by being in engagement moment of a mysterious process but same time, like to be laid back and go with the flow. Challenging for me as artists helps me to allow myself to be vulnerable and open to the experience
Kemp understood if a specific well planned organizational structure is in place, an organization can operate more effectively and efficiently, thereby attaining greater profits. There is a step-by-step methodology which is considered when designing a company’s organizational structure to ensure a competitive advantage (Robbins & Coulter,...
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.
The report communicates the career action plan and its overview related to the position of general manager of the restaurant. It is divided into 3 sections. In first section, the report demonstrates the current situation of the career explaining the graduate and employability skills, and marketability analysis. The second section explains ideal situation of the career in comparison to the industry demands. This section explains the career SWOT analysis and career goals on short term and long term. The last section communicates the steps to success: work placement that demonstrates the activities that will be carried out to achieve the goals.
Organizational structure can be defined as the “formal arrangement of jobs within an organization” (Robbins & Coulter, 2009, p. 185). Having a defined and unified structure helps employees work more efficiently. Jacques Kemp, former CEO of ING Insurance Asia/Pacific, realized this need early on in his role. The company had been performing well and recently acquired another insurance company to become “one of the largest life insurance companies in Asia-Pacific” (Schotter, 2006, p. 4). However, Kemp’s proactive personality led him to seek out ways to achieve more efficient coordination between the regional office and business units (Robbins & Coulter, 2009). Kemp noticed that “most business unit managers did not even know the current corporate standards” and he began searching for a way to manage the managers (Schotter, 2006, p. 5). ING Insurance Asia/Pacific’s organizational structure was mechanistic and fairly well structured, but for a company that had recently been involved in a major acquisition and was divided across 12 geographically dispersed markets there was a great need to tweak this structure to unify the company (Schotter, 2006). If I had been in Kemp’s position as CEO, I would have made modifications to the organizational chain of command, formalized business processes, and used technology to stimulate collaboration amongst the region to help this company overcome organizational design challenges.
How the structure of an organisation is arranged depends on the company´s strategy and objectives. Organisational structure has a hierarchical nature. It is the specification of lines of authority and main tasks of an organization and it´s subjects. The structure provides an information about the main responsibilities and roles assigned to the particular elements of the organisation. (Organizational structure, n.d., “Definition” section, para 1- 2)
In order for one to evaluate and identify with the diverse business structures, he/she must be aware of the meaning and standards that makes that structure. Various businesses functions in different ways as the world is full of technology and new structures, company cultures and new ways in which companies are run. In order to fully grasp the concepts of Organizational structure and culture in the movies, I will use the Movie Up in the Air and The Devil Wear Prada movies to analyze a business scenario from them.
First of all, organizational structure determines the hierarchy, the levels of communication, and how job tasks are formally divided, grouped and coordinated within an organization (Langton, Robbins, & Judge, 2013). There are six key elements that managers need to address when they design their organization’s structure: work specialization, departmentalization, chain of command, span of control, centralization and decentralization, and formalization (Langton et al., 2013). The way in which an organizational structure is constructed and implemented can affect company productivity.
To compare with Siemens, Hitachi has all the character that divisional structures have, and they increase efficiency of usage resource and effectiveness of organization. Both divisional and matrix structures allow segment focus on a single product or service, and provides unlike services to different cultures and backgrounds’ customers with a leadership structure to support major business strategies, but it may will generate business fail because of each section hold a great sense of authority and hard to coordinate other
Understanding the structure of an organization plays a vital role in laying the blueprint for how a company will be managed and organized. It provides a well-defined framework that outlines the roles and responsibilities of each employee in a particular company. It shows how each employee interacts and works one another in achieving the goals of a company. In other words, organizational structure is a reflection of the working relationships that govern the workflow of the company. It has a profound effect on a company’s structural dimensions, which includes formalization, specialization, hierarchy and centralization.
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).