Organizational Structure Paper The selected organization for this topic is Bank of Guam. Bank of Guam also known as “The People’s Bank,” was charted on March 13, 1972 ("About Bank Of Guam ", 2014). It was the first locally owned bank on the Island of Guam and founded by Mr. Jesus S. Leon Guerrero. Mr. Leon Guerrero initially worked as the vice-president of the Bank of America branch in Guam. During his employment there he grew concerned that the banking needs of the people of Guam were not
Words: 1146 - Pages: 5
Melissa Whitehead Organizational Structure and Controls Webster University 4-28-15 Organizational Structure and Controls Organizational structure refers to relationships of different employees with different role responsibilities in an organization or company facilitating interactions from both horizontal and vertical flows of information. An organization has different structural dimensions like formalization, hierarchy of authority, specialization, personnel ratios and professionalism. Any
Words: 1580 - Pages: 7
Organizational Structure Paper Melissa A. Wilkinson XMGT/230 - Managment Theory and Practice June 2, 2013 Elaine McCarty Organizational Structure Paper At Burns & McDonnell engineering, several different organizational charges are used because of the size of the company. For individual projects, functional organizational charts are used to organize employees within that particular project. Functional organization is the departmentalization around specialized activities such as production
Words: 1048 - Pages: 5
Organizational structures can easily hinder or foster innovation. Potential pitfalls can derive as a result of deeper factors embedded in a firm’s organizational DNA. Without a doubt, innovation is the key driver of value creation if companies want to remain on the competitive edge. Although there is no perfect organizational structure for every innovation environment, different types of organizations work successfully under different circumstances. Three different types of organizational structures will be
Words: 772 - Pages: 4
Organisational structure defines how activities such as task allocation, co-ordination and supervision are directed the achievement of organisational aims – shows the organisation hierarchy. Organisational structure is important as it provides a guideline to employees by laying out the relationships that oversee the workflow of the organisation. This means that it establishes the effective lines of control and communication. (Ingram, 2015) It is also important because it helps an organisation
Words: 2215 - Pages: 9
Organizational Structure Analysis MGT/230 06/30/2014 Structure Analysis An important trait to any organization in the business world of today is the functions within the organization. Overall, an organizing function of management outlines the practice in which individuals within the organization interact and work with each other. In this paper the discussion will be focused on the pros and cons of the three major horizontal structure types; Functional, Divisional, Matrix
Words: 705 - Pages: 3
Organizational Structure MGT-230 Organizational structure determines what jobs are assigned to who and how they are controlled and coordinated in the company along with how information is passed among the levels of management (businessdictionary, 2014.) There are three types of organizational structures functional, divisional, and matrix, all three have their advantages and disadvantages. The company that I work for is a local distributor of beer. This company uses the matrix structure. The matrix
Words: 966 - Pages: 4
came to their mind. 3) There was no functional structure, roles were not defined and there was no job description 4) As the market was growing, more projects poured in and people worked on many projects at once 5) The environment started becoming chaotic and the company was spending cash quickly without monitoring its expenses. 6) Employees were only “fire-fighting” with the existing operations and there was no development or underlying planning structure. 7) Customer complaints started increasing
Words: 2303 - Pages: 10
2. Structure must fit an organization's ________, or it will not work. A) environment B) traditions C) culture D) strategy 3. Firms typically internationalize in response to all of the following EXCEPT ________. A) need for diversification B) affects of governmentalism C) increased global competition D) domestic market saturation 4. Which of the following is NOT a stage in Stopford's stages model? A) global product structure B) matrix
Words: 968 - Pages: 4
1-16 Protein Motifs Protein motifs may be defined by their primary sequence or by the arrangement of secondary structure elements The term motif is used in two different ways in structural biology. The first refers to a particular amino-acid sequence that is characteristic of a specific biochemical function. An example is the so-called zinc finger motif, CXX(XX)CXXXXXXXXXXXXHXXXH, which is found in a widely varying family of DNA-binding proteins (Figure 1-49). The conserved cysteine and histidine
Words: 1370 - Pages: 6