Executive MM Program Class 41 May 7-August 10‚ 2012 AGENDA: What is an organization Ways of looking organizations Organizational Design‚ Organizational Structure Organizational Design and Strategy Organizational Design and Technology Organizational Design and Environment Organizational Trend ORGANIZATION ??? A tool used by people to coordinate their actions to obtain something they desire or value A response to and a means of satisfying some human needs
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Organization structure Organization structure is the formal pattern of interactions and co-ordination designed by management to link the tasks of individuals and groups in achieving organizational goals Organization structure consists of four elements: ❖ The assignment of task and responsibilities that define the jobs of individuals and units. ❖ The clustering of individual positions into units and of units into departments and larger units to form an organizations hierarchy. ❖
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Creating a Competitive Salary Structure INTRODUCTION Each employee in an organization is paid a salary. Salaries vary greatly‚ with executives earning as much as (or greater than) 100 times an entry-level employee’s salary. This variation is not by chance. It is rationally established through a salary structure – a hierarchy of salaries. Organizations develop this structure based upon internal factors (such as current rates‚ job relationships‚ and custom) and external factors (such as labor
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Clyde would not have more discretion in the recording of his bartering exchange. First of all‚ he could not make up his fair value. There are certain rules that you must follow with FASB. The fair value is consisting of measurements and how accurate it is. According to paragraph 505-50-30-02‚ “Paragraph 505-50-30-6 establishes that share-based payment transactions with nonemployees shall be measured at the fair value of the consideration received or the fair value of the equity instruments issued
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BCSCCS 303 R03 DATA STRUCTURES (Common for CSE‚ IT and ICT) L T P CREDITS 3 1 0 4 UNIT - I (15 Periods) Pseudo code & Recursion: Introduction – Pseudo code – ADT – ADT model‚ implementations; Recursion – Designing recursive algorithms – Examples – GCD‚ factorial‚ fibonnaci‚ Prefix to Postfix conversion‚ Tower of Hanoi; General linear lists – operations‚ implementation‚ algorithms UNIT - II (15 Periods)
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Organizational Structure LEARNING OBJECTIVES After reading this chapter‚ you should be able to: 1. Describe three types of coordination in organizational structures. 2. Justify the optimal span of control in a given situation. 3. Discuss the advantages and disadvantages of centralization and formalization. 4. Distinguish organic from mechanistic organizational structures. 5. Identify and evaluate the six pure types of departmentalization. 6. Describe three variations of divisional structure and explain
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A matrix structure is superior to a functional and a divisional structure. Please‚ comment on this statement. In your answer‚ pay special attention to advantages and disadvantages of each structure and discuss them systematically. "If the body be feeble‚ the mind will not be strong" (Thomas Jefferson‚ 1786). If the foundation something is built upon is weak‚ the whole object will be adversely affected. Likewise‚ in an abstract manner‚ it is with any kind of model or structure. Looking at it from
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Organizational Structure An organization is a social unit of people‚ systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organizations have a management structure that determines relationships between functions and positions‚ and subdivides and delegates roles‚ responsibilities‚ and authority to carry out defined tasks. Therefore‚ in order to better manage the large amount of resources and assets organizations need to be in some sort of
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ORGANIZATIONAL STRUCTURE AND THEIR CULTURE |ORGANIZATIONAL STRUCTURE | Example | Handy’s Culture Type | |1. Functional | ACK | POWER / ROLE CULTURE | |2. Product | UNILEVER | TASK CULTURE | |3. Geographic
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right after their order is taken‚ hence explains the term fast food. McDonald’s has two structures at two different levels; the first is at the corporate level and the second‚ restaurant level. The corporate’s current design type is functional while the restaurant’s current design type is divisional. Image 1: McDonald’s Corporate Structure The image above illustrates a hierarchy in McDonald’s corporate structure. It consists of the Chief Executive Officer (CEO) on top followed by the chairman of
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