Organizational Design Organizational design is an important part of organizational theory. Organizational design changes with a company as its growth and goals are determined. Some important aspects that control organizational design are structure, strategy, and processes. Each individual organization needs to determine its own design based on its needs and mission. Every plan has its own advantages and disadvantages which are weighed carefully in making the corporate design decision.
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using a Matrix structure for the organization. Matrix structures consist of cross-functional project management teams that are formed to solve problems related to growth, diversification, productivity, and competition. The structure calls for temporary collaboration amongst experts from various functional areas in order to provide flexibility, creativity, cooperation, and fast responses to concerning changes in the market (Ferrell, 2009). Spectrum Brands may use a matrix structure to leverage the
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Analyse and critically discuss the nature and purpose of the employment relationship for organizations and the relationship between work design, planning, pay and the employment relationship. Explain how expectancy theory; reinforcement theory and equity theory help managers to build an effective pay strategy as part of managing employment relationships Words: 2,695 . Introduction The term ‘employment-relationship’ is interchangeable with others when describing aspects of the
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change the organizational structure. Until that point, SAP had utilized a more traditional or divisional organization scheme (McShane & Von Glinow, 2005) with good results but felt that there was room for improvement. Similarly, as evidenced during the simulation, Good Sport was also implementing a similar organizational structure with individual departments and the corresponding hierarchy of upper management. SAP realized that one of the byproducts of the departmental structure was independence and personal
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yes – Accept this decision 3 10/14/2012 Problem of aligning members to organizational goals through adequate control mechanisms AGENCY THEORY Salient aspects • Applicable whenever there is a Principal-Agent relationship – Board structure & compensation – More generally – boss/subordinate • Core assumptions – Self-interest – Goal conflict –
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Executive Summary Henkel AG is a worldwide company, which headquarter is located in Düsseldorf, Germany. Since 1876, holds a well-known leading market positions in both industrial and consumer businesses. It employs around 47,000 people, from at least 6 different areas worldwide. The company has brands and technologies which focused in three globally operating areas: Laundry & Home Care, Beauty Care and Adhesive technologies (Henkel AG & Co. KGaA, 2012). From 2012 their sales values
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1.Capital structure A capital structure refers to the way a corporation finances its assets through the mix of equity, debt or hybrid securities. The optimal capital structure is the one in which, the market value of the firm is maximized when its cost of capital is minimized. The firm should adopt the EPS- EBIT approach to the capital structure. This approach involves selecting the capital structure that maximizes EPS (Earnings per share) over the expected range of EBIT (Earnings before interest
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Jeff Armstrong, is not incumbent of a team player. This submission elaborates on the factors which appear to have caused the dilemma in the organisation, as presented in the case study. The factors include organizational strategy, organizational structure, human resources development and communication. These factors are presented as the driving force behind what appears to be a project manager who is displaying undesirable characteristics. Recommendations as to what and how change should be affected
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Organizational structure Fairisle Polytechnic has an inappropriate organizational structure and so there was a lack of proper formal arrangement of jobs within the institution which is important in running the campus effectively and attaining its objectives. Hence, the result of an improper organizational structure in the Fairisle Polytechnic would cause low motivation, unequal workload and communication breakdown. * Unequal workload as inappropriate organizational structure could cause unequal
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Social Structure Theory Steven Horton University of Phoenix CJA/314 January 20, 2012 Maxine Craig Abstract The following paper will be based on the theory of social structure from the writers’ perspective. The paper can be considered as bias as it is based on personal opinions and situations of the writer. But it will touch on some of the questions that are asked to people who commit crimes repetitively. There are reasons that people become repeat offenders and career criminals and this
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