The organizational structure of the company is a functional structure in which the company is divided into different departments that are each responsible for different, yet equally important, tasks. The combination of all the tasks performed by the different departments, culminate into one successful service company. There were many similarities and differences amongst the three companies that were compared and contrasted. Some similarities included scope of work and dedication to customer satisfaction. Some of the differences mentioned were the sizes of the different organizations as well as some of the operational
As within any organization there are multiple leadership styles utilized by each leader. Each style will be dissected and their strengths, weaknesses, opportunities, and any potential threats thereof will be isolated for evaluation. Our Chief Executive Officer (CEO) inter-mingles her leadership styles. She often transitions between Affiliated, Laissez-Faire, and Pacesetting leadership styles. She tends to be an affiliated leader during times in which there is a lack of synergy within team.
Although nearly any organization can be part of a supply chain, supply chain management requires: a. the involvement of third-party logistics companies b. overt management efforts by the organizations in a supply chain c. the participation of world-class organizations d. at least one organization to be a multinational company (b; p. 80) 6. Three of the most prominent supply chain management frameworks are the Supply-Chain Operations Reference (SCOR) model, the Global Supply Chain Forum (GSCF) model, and the ____. a. Council of Supply Chain Management Professionals (CSCMP) model b. Supply Chain Efficiency (SCE) model c. The Process Classification Framework (PCF) d. Penn State University (PSU) model (c; p. 80) 7.
Typically, the steering team includes the most senior person in the organization and their direct reports. The sponsor is the person or group responsible for providing the financial resources for the project and the chief projects officer is the subject matter expert on the project management system. Usually, the chief projects officer will be responsible for all the employees who work on the project (Kloppenborg, 2012). The executive level can be compared to the strategic management team in the human resource department because this team identifies which projects should be accomplished to improve company success (Stewart, 2009). The managerial level involves the functional manager, project manager, facilitator, and customer.
Accounting Assignment 1 Ethics Case pg.99 Part A a) The stakeholders in this situation are as follows: • Vu Hung, assistant chief accountant. • Users of the company's financial statements (internal and external). Also known as Primary and Secondary. This includes a number of different people who hold different roles within and outside of the company. The internal users all share the common fact that they are within the Staples Company.
Organizational structure is the stereotypically categorized agreement of power, connections, privileges, and obligations of an organization. It determines how the position, authority, and duties are dispersed, regulated, organized, and how the information is disseminated between the various ranks of management. A structure relies on the organization's goals and policy. There are two types of structures, centralized and decentralized structures. In a centralized structure, the senior management has the power to make decision and has a strong control over departments.
Within business ethics, an important factor is the relationship within a business – in all aspects. Whether it be the company itself, the employees, employers, shareholders, stakeholders, they all are influenced by one another and have a strong role dedicated to them within a business. Stakeholders are those that hold an interest in the company, but do not own it, and stockholders have actual shares within the company – they own a part of it. This can just be a small fraction that they share with many other people, or they can own a large fraction of a company. Scholars such as Friedman suggest that treating the economic responsibility as the most important responsibility of a business, is called a profit-maximising view, and “the social responsibility of a business is to increase its profits.” This kind of view states that a company should be operated on a profit-orientated basis, with its sole mission being to increase profits.
FUNCTIONAL MANAGEMENT AND PROJECT MANAGEMENT Functional management: Structuring of an organization on into departments and units on the basis of type of work performed. It is a term used to refer to the creation and distribution of structures to perform various functional roles in an organization. The person who has the management authority over an organizational unit such as the department or it could also refer to the person that project managers’ report to within their functional unit is called a functional manager. Most functional managers are specialists in their departments, they are highly skilled, more analytical in approach and they are administratively responsible for deciding how something is done, what are the resources needed to complete it and who is doing it. This is the most common type of organizational management as in this type of organization each employee has only one type of manager and that makes the chain of command simple.
Strategy Implementation Paper Business strategy is the responsibility of the general manager of a business unit. The manager of the business must establish long-term objectives, and a strategy to the organization. In addition, the operational managers must set up a short- term objectives to contribute to business- level goals ( Pierce and Robinson ,2013). The document relates to the methods, which organizations use in creating as well as executing methods. Specifically this document would discuss the method of balanced scorecard or BSC method, which is extensively used by large as well as small companies.
Governance and Leadership in Long-Term Care Leadership can be looked at as either a process or a position. However, most individuals view leadership as a way of influencing an organization or group. Even though all businesses have leadership, they are not always effective. This paper will focus on the effectiveness in leadership and governance of long term care. Evaluating leadership effectiveness is vital in every organization.