Pfizer is one of the biggest bio pharmaceutical companies out there. They are currently looking at the efficiency and effectiveness of their new functional strategy. This new strategy is being implemented in their daily operations. The new functional strategy is called Office of the future or the “Magic button”. It is a tool used by Pfizer employees to increase their work productivity. Pfizer has implemented this function because of a study conducted by Harvard employees. They found that almost 40%
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of clarity undermines its value to our understanding of organizational behavior. It is too ambiguous a concept for the effective day-to-day management of the organization.’ Do you agree? What role do you think culture plays in the management of your own organization? I partly agree with the statement the proliferation of definitions and explanations of culture and lack of clarity undermines its value to our understanding of organizational behavior. Most of the time people get confused or numbed
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Organizational design and structure allow a company to organize itself into different divisions that make work and labor occur more efficiently. Departmentalization is a method of subdividing work into separate organizational units that perform particular tasks. Pfizer uses product departmentalization in order to organize the company into separate units that produce particular products or services. Pfizer manages its operations through five divisions: Primary Care‚ Specialty Care and Oncology‚ Established
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name:- MH 1) Pfizer is a global pharmaceutical company .The company’s senior director of orgaizational effectiveness‚ jordan cohen ‚ found that the "Harvard MBA staff we hired to develop strategies and innovate were instead googling and making powerpoints ". Jordan cohen‚ top manager of the company is responsible for making decisions about the direction of the organisation and establishing policies and philosophies that affect all organisational members. So that the company will be most effective
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Wei-Hsiang Wang What do you think art is? In my opinion‚ the major purpose of art is to influence someone. Some of the most common types of art in public are paintings‚ photos‚ and sculptures. When I go to the library‚ I would see photos of intellectual people‚ such as Gandhi‚ and Albert Einstein. These photos on the wall can greatly influence my mood and efficiency on studying. When I go to a hospital‚ I would see paintings and pictures that show life. Most of these paintings would have the
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What do you think is unethical? The countrywide approved everyone to get their loans‚ no matter they have jobs or not‚ no matter they have income or not‚ no matter they have assets or not. The criteria they use may be unethical. They don’t care whether the documents are valid‚ whether they can verify the income‚ whether the appraisal is any good. They just care about getting the loan closed‚ in order to do another loan. The underwriters/ contractors looked through the loan as quick as they can.
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What is organizational structure An organizational structure consists of activities such as task allocation‚ coordination and supervision‚ which are directed towards the achievement of organizational aims. It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment. Organizations are a variant of clustered entities. An organization can be structured in many different ways‚ depending on their objectives. The structure of an
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What roles do you think a good teacher should plays in student’s life? Give your opinion. Nowadays‚ teacher plays an important role in student’s life. We can clearly see it in the school where a good teacher will definitely produce a good student. As the saying goes‚ “A good teacher inspires”. Other than that‚ there’re a lot of roles that a good teacher should plays in student’s life. A good teacher takes the role as a parent in school as he/she is the one who will guide and mould the character
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ORGANIZATIONAL STRUCTURES AND FORMS OF ORGANIZATION What is Management? According to Henri Fayol‚ "to manage is to forecast and to plan‚ to organise‚ to command‚ to co-ordinate and to control." Fredmund Malik defines it as "the transformation of resources into utility." Management in businesses and organizations is the function that coordinates the efforts of people to accomplish goals and objectives by using available resources efficiently and effectively. Natures of Management ◦
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A NEW KIND OF STRUCTURE CASE STUDY Question 1: Describe and evaluate what Pfizer is doing? Pfizer is the world’s largest research -based pharmaceuticals firm and also a well-known pharmaceutical company. So their most of the work depends on research‚ developing strategies and innovate. They were trying to find a new way of system which makes their work more effective and efficient. Pfizer find out that their worker spends more time on business research and data analysis to the creation of documents
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