Identification of factors influencing organizational design.

1) Strategy (be a high-tech, cost or environmental leader); 2) Globalization (emerging markets potential, synergies between parent companies and branches; 3) Stability of external environment (standardization); 4) technologies; 5) behavior; 6) growing population; 7) resource scarcity and increases in prices; 7) human resources.

13. The effectiveness analysis of various organizational structures and processes, e.g., culture, change, conflict and power.

An organizational structure consists of activities such as task allocation, coordination and supervision, which are directed towards the achievement of organizational aims.

Pre-bureaucratic structures - this structure is most common in smaller organizations and is best used to solve simple standardized tasks.

Bureaucratic structures - Precision, speed, unambiguity, strict subordination.

Functional structure - Employees within the functional divisions of an organization tend to perform a specialized set of tasks, for instance the engineering department would be staffed only with software engineers.

Divisional structure – called also product structure. Each division within a divisional structure contains all the necessary resources and functions within it. Categories – geographically justified (company branches) or on production/service base (credits for high-income clients, low income clients)

Matrix structure - An example would be a company that produces two products, "product a" and "product b". Using the matrix structure, this company would organize functions within the company as follows: "product a" sales department, "product a" customer service department, "product a" accounting, "product b" sales department, "product b" customer service department, "product b" accounting department.

14. Corporate governance – theory & practice.

Corporate governance is the set of processes, customs, policies, laws, and institutions affecting the way a corporation (or company) is directed, administered or controlled. Corporate governance also includes the relationships among the many stakeholders involved and the goals for which the corporation is governed.

What to pay attention at: state owned companies (obligation to attend general meetings, fairness, freedom and flexibility of the board to execute their duties).

Legal environment

Rights and equitable treatment of shareholders: Interests of other stakeholders; Role and responsibilities of the board; Integrity and ethical behavior; Disclosure and transparency

Mechanisms and controls: Monitoring by the board of directors, Internal control procedures and internal auditors, Balance of power, Remuneration

Date: 2015-02-03; view: 843