Company Restructure Summary Essay

1481 words - 6 pages

Executive summary
The purpose of this report is to reorganize the company for growth, higher revenues, profitability and for greater competitiveness as well as give recommendation. This report has considered the organizational features to be re-modified and challenges to encounter
This report summarizes the process that will follow and the proposed restructures. The proposed restructure reflects the need for new ‘‘organic’’ organizational forms. Not only does a company’s organizational structure help determine how well its workers make decisions, but it also reflects how well they respond to environment conditions. The organizational structure can influence workers attitudes toward their job. A suitable organizational structure can minimize costs, as well as maximize its efficiency, which increases its ability to compete in a global economy. For these reasons, many organizations have reconsidered with their organizational structures in recent years in order to improve their profits, sustainability and competitive edge.
Introduction
• Project Aims
The purpose of this report is to reflect the practices of the company and proffer suitable organizational components that can help the company manage the challenges and more competitive. Also, make a recommendation in order to bridge the gap between the practices and the market environment. It has been described in the literature the need for companies to undergo changes on a continual basis. Thus the importance of organizational change in today's turbulent business environment has increased.
• Objectives
The objective of the study is to determine strategic imperatives response to unprecedented challenges. Also, to determine the existing organizational components that can be applied to manage both the challenges and management of the workforce.
• Limitation
The report is wholly focused on organizational design restructures
• Research Methodology
The research will be descriptive in nature as the research intends to present facts related to the scenery and status of a situation. The information used in this report was collected from Secondary data obtained from related literatures.
• Assumptions
The organizational restructuring effects, directly or indirectly, will encourage the financial performance of the organization. Nonetheless, this ultimate effect might be evident within a few years or might take a longer time period least impact on performance. An increase in working efficiencies, greater workforce satisfaction, reduced turnovers and improved communications can be the effects of an organizational restructuring.

• Findings
The Company has been overwhelmed by management setback, mixture of bureaucracy, corruption, poor business decisions and ineffective strategies. MITEL is one of the largest telecommunications companies in Nigeria. Since the deregulation of telecommunication industry, MITEL has witnessed a decline organizational growth and performance which has leaded to...

Find Another Essay On Company Restructure Summary

HUMAN RESOURCE MANAGEMENT Essay

6084 words - 24 pages job restructure and staff training. The project describes its problem the company faces, each problem is presented and discussed and a series of proposals offered on how the companies can trade-off often-conflicting considerations related to the specific themes.IntroductionAll organizations develop and change over time. Such changes are often related to an organization's growth. From the time an organization is incorporated, it develops by way of

GIZA Cafe_business_plan Essay

4236 words - 17 pages Untitled Contents Executive Summary Giza Caf� offers local residents, college students, and visitors a totally new style of coffee house - offering a comfortable, upscale environment in which to socialize, relax, and work. Giza Caf� will

Samsung Electronics Company

2019 words - 8 pages , this part of our study attempts to trace the history of the company, identifying the vision, philosophy and objectives of Samsung as well as a brief summary of the products marketed by the company. Before all this, there is a quick overview of company background: 1.1 History Lot of time and several steps have been taken by Samsung from the small export business in Taegu, Korea. Over the years, Samsung has grown to become one of the largest

Organizational Behavior

2283 words - 9 pages University of PhoenixMBA 502- Learning Team CJuly 14, 2008ContentsIntroduction3The Apparent Culture at Kudler4Organizational Structure5Figure 1 - Structure summary including advantages and disadvantages of each5Figure 2 - Kudler Organizational Structure6Kudler Fine Foods Leadership Style7Internal and External Events That Could Drive Change at Kudler9Conclusion13References14IntroductionOrganizational change is a process that a company goes

Financial Repression in the United States

1085 words - 4 pages restructure public and/or private debt; but as we know-that is not a very feasible concept in America right now. So that brings us to the option of financial repression, which does carry varying levels of the previously mentioned concepts, but focuses mainly on restricting certain economic activities so that spending/growth stays within the government and surplus of wealth does not get spread to other countries. As mentioned earlier, one of the main

Steinway

2620 words - 10 pages Executive Summary Steinway & Sons having the legendary reputation with high-quality grand piano eagerly used by knowledgeable musicians introduced the cross-string technique in a piano with a cast-iron frame. Those skills widely adapted by other following piano companies, such as, Yamaha, Kawai, Bosendorfer, Fazioli, Samic, and Young Chang, in order to produce the excellent grand pianos made the company the world famous. Unfortunately, they

Best practices in ensuring quality, speed, and flexibility in organization

1555 words - 6 pages flexibility in organization. Those practices are: Total quality management, mass customization, theory of constraints, kaizen (continuous improvement), and reengineering. I also researched five articles detailing best practices in managing information as an asset. Those practices are: knowledge management, innovation management, risk management, record management training, and document management. Along with providing a brief summary of each practice, I

Marketing Management. The stratetic analysis of Fisher & Paykel comapny by Nick HSU

3915 words - 16 pages top end of the American dishwasher market.In 1998 due to reduced profits, Fisher & Paykel decided to divest several non-core businesses and restructure the remainder of the company into 3 divisions - whiteware, healthcare and financial services. With a renewed product focus and a streamlined managerial system, Fisher and Paykel expected improvements in profits for 1999, though early indications show these expectations may be premature.4.2

RFID in Supply Chain Management

1624 words - 7 pages on these factors should be quantified accurately for each supply chain member. Efficiency: RFID technology helps to automate and restructure the logistics processes of the company, so the labour costs are decreased. The effects of RFID on the main warehouse logistics processes, namely receiving, put away, inventory counting, picking, and shipping, are stated as follows: In receiving, control processes are simplified and manual operations are

Corporate Governance Benchmarking Paper

6684 words - 27 pages PAGE PAGE 5 Corporate Governance Benchmarking Running Head: CORPORATE GOVERNANCE BENCHMARKING PAPERCorporate Governance Benchmarking PaperTeam ABryan Baker, Philip DeCarlo,Catherine Dickeson, and Karen SuggsMMPBL/570Corporate GovernanceUniversity of PhoenixProfessor Luoma21 June 2010Corporate Governance ResearchCorporate Governance is the way an organization keeps track of the investors in its company and keeps them safe. The system creates

Kudler Career Plan Development Summary

1969 words - 8 pages customer the finest in selected foodstuffs, wines, and related needs in an unparalleled consumer environment" (Apollo Group, Inc. 2007). To keep the mission statement going Kathy will have to restructure the company for growth opportunities. This summary will assist Kathy in hiring five more employees and the implementation of a training mechanism for the company. She will also have information needed to evaluate new and older employees and offer

Similar Essays

Answers The Questons From The "Slade Plating" Business Case Study Published By The Harvard Business School Publishing

644 words - 3 pages that exist in the Plating Department he must restructure the compensation arrangement. It could be useful to salary employees and place more emphasis on rewarding the output that the company desires. Incentive-based compensation (bonuses) could be applied to periods of higher output in the business cycle. Through bonuses the company has better control of rewarding behaviors that are most consistent with company goals. A change in the compensation arrangement would realign company, group and individual goals and reduce the need for groups and/or individuals to take a vigilante approach in realizing individual and/or company object

Monsanto Company Executive Summary Essay

1329 words - 5 pages relatively small sales force and position in the industry makes them a viable candidate for acquisition by some of the more dominant pharmaceutical companies such as Pfizer.ConclusionBased upon the current circumstances of Monsanto, it is the best interest of the company to investigate ways to restructure its debt load to reduce the $360 million of interest expense the company had in 1998. The firm's high debt-to-equity ratio of 1.25 results from

Fukushima Nuclear Power Accident Essay

1029 words - 5 pages restructure the reactors that might be able to reduce the radioactive effects. Japanese government also gave a warning to TEPCO (the Tokyo Electric Power Company) to calculate the nuclear impacts and repair the reactor quickly. Many international environmentalists also encourage Japanese government to stop build up nuclear power plants because they are worried about Fukushima incident will happen again next time. Nowadays, many countries such as New

Management 350: Credenhill Simulation Essay

991 words - 4 pages well for the company. The second choice of WAN problems cuts across all facets of the company's problems. Without a properly working WAN, the store is unable to accurately track inventory which has come in and been sold. The result is that headquarters is not able to adequately monitor performance, which is a key component of variable pay increases. The variable pay for employees has a direct bearing in the sales performance for the store. The