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Cnn's rushil surapaneni is a senior student at utsb. He is the chief executive officer of a dating service company. His Responsibilities include leading the development and implementation of the company's strategy.
Cnn's rushil surapaneni is a senior student at utsb. He is the chief executive officer of a dating service company. His Responsibilities include leading the development and implementation of the company's strategy.
Cnn's rushil surapaneni is a senior student at utsb. He is the chief executive officer of a dating service company. His Responsibilities include leading the development and implementation of the company's strategy.
GSI: Jose Marimon Module #4 Assessment Activity April 28, 2014
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STEP 1: FILL IN THIS TABLE DAY 1
Name KSAs Title Responsibilities You Dating knowledge, social network experience, leadership skills, communication skills, marketing knowledge Chief Executive Officer To lead the development and implementation of the companys strategy. To appropriately organize and staff the company in order to achieve the companys strategic goal. To assess monitor, and manage any internal or external risks the company may take in business or product development. To communicate effectively with all company employees, customers, and institutions and individuals with a stake or interest in the company to ensure effective internal control and clear management systems. To serve as the principal representative of company, embodying its values in a lawful and ethical manner, in order to encourage employees to conduct their actions in accordance with the law and internal company standards. Stevie C++ programming, detail-oriented, technology geek, advanced math skills, musical genius Chief Technology Officer To lead all facets of the companys technological development in the dating service industry. With approval from the CEO, guide the strategic technological growth of the company while assisting and collaborating with internal departments in developing new technologies that possess the ability to increase the efficiency of internal and external operations. Identify trends in technology and social behavior and establish timetables and schedules to continually evaluate and develop the product. Trisha Mechanical engineering, writing skills, oral presentation skills, advanced math skills, critical thinking skills, html programming skills VP, Product Research and Development Develop and execute procedures to ensure quality standards are met and maintained. Manage research and development budget along with managing product design from initial stages of development to execution and launch. Work with CTO to develop processes to best accelerate technological growth for service while identifying trends early on within the technological and social atmosphere to offer advice to CTO for product improvement. Jade Business major, social skills, leadership skills, knowledge of media production, project management skills Chief Financial Officer To assist CEO in developing business through identifying funding opportunities, drafting prospective budgets, and determining cost effectiveness of prospective initiatives for the service. Oversee management of all fiscal reporting activities for the company. Rushil Surapaneni Student ID#: 24782638 GSI: Jose Marimon Module #4 Assessment Activity April 28, 2014
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Develop and maintain internal control systems to protect financial assets of the organization. Provide internal departments with operating budgets and offer cost analysis support. Control and substantiate all financial documents to ensure financial records may pass any audit conducted. To ensure oversee payroll for all other staff members. Stef Psychology major, interpersonal skills, oral communications skills, writing skills, social perceptiveness VP, Human Resources Plan, develop, and evaluate programs and strategies and their impact on attracting, developing, and motivating the human resources of the company. Look to identify talent internally and externally for positions of power within the organization and look to develop and protect compensation and health benefits of employees. Develop policies and programs for management of human resources of the corporation and develop policies and procedures to improve operations and efficiency of the corporation. Provide the company with the best pool of talent available and position the company in a favorable light for consumers and prospective employees. Taka Artist, graphic and photo imaging skills, professional dancer, entrepreneurial skills, video streaming knowledge, attention to detail VP, Marketing Developing and executing all marketing strategies to achieve company objectives of sales, growth, profitability, and visibility. Maintain clear marketing message and target certain customer segments to increase brand awareness. Conduct market research on economic trends and demographic basis of customers. Ensure execution of marketing tactics and programs, and manage marketing budget. Measure effectiveness of marketing department and implement improvements.
STEP 3: EXPLAIN YOUR ORGANIZATION CHART IN TERMS OF SPECIALIZATION AND DEPARTMENTALIZATION
Write a short explanation for how you decided to assign titles and responsibilities to yourself and your five friends. Specifically, what decisions did you make about specialization and departmentalization? Also, how did you match up each persons KSAs with title and responsibilitiesgiven your decisions about specialization and departmentalization?
The structure of the organization is focused on the primary purpose of the new company: to publicize and develop the dating service to connect those with an interest in hip-hop. The primary goal of the company in its initial stages was to get the word out about the service and attract the attention of students from a few local colleges to build an initial consumer base. I decided that there would be little specialization in terms of jobs, but in terms of departmentalization, there would be two primary individuals, the CFO and the CTO, who would control the marketing and human resources departments and product development and research department, respectively, and these two individuals would report directly to the CEO, whose title I possessed. Since the initial strategy was to simply publicize and develop the product, the structure of the company involving the six individuals, including myself, meant that each person would have to perform a variety of tasks in order to get the company off the ground. With little departmentalization, each individual could go on to pursue each aspect of the company they were responsible for that had to be developed unabated and without confusion, but nonetheless, each title possessed the responsibility to report to others in the company so clear communication could develop and convey the companys message and culture both internally and externally. By creating a flat, centralized chain of command, change and access to management is malleable and apparent, necessary to further innovate the product to match the criticisms and opinions offered by consumers. Given this philosophy of low specialization and departmentalization, I matched up each individual with their specific title based on their demonstrated KSAs.
I appointed myself CEO because I possessed significant knowledge of the type of industry our product would be developing within and I had the type of business acumen and personable qualities necessary to build and develop the company. Stevie was appointed CTO because he possessed the mathematical skills, programming and musical knowledge, and the technological expertise to best collaborate with the CEO to guide the technological growth of the company and improve the external and internal efficiency of the product and company. Trisha was appointed the VP of Product Development and Research because her mechanical engineering background and knowledge of html programming along with her oral presentation, mathematical, and critical thinking skills made her ideal to lead the product as it grew and venture into new projects to improve the overall service. Jade was appointed CFO because of her business background, knowledge of media production, and project management and leadership skills, all which contribute to mold an individual who could collaborate with the CEO to develop business development models and financial reports necessary for the financial existence of the organization. Stef was appointed VP of Human Resource because her psychology major and general social skills indicated she had the capacity to deal with a wide variety of individuals, demonstrating someone who possessed the ability to effectively manage and deal with any issues that arose between employees in the organization. Taka was appointed VP of Marketing because of her artistic background along with her entrepreneurial skills and the fact that she was one who paid attention to detail, making her the perfect fit for someone who had to pitch the product to the consumers in a way that presented the dating service as both reliable and unique and she possessed the skills and traits necessary for marketers to best work with any target consumer base.
Rushil Surapaneni Student ID#: 24782638 GSI: Jose Marimon Module #4 Assessment Activity April 28, 2014
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STEP 4: DRAW YOUR DAY 1,825 ORGANIZATION CHART HERE
STEP 5: EXPLAIN YOUR ORGANIZATION CHART IN TERMS OF SPECIALIZATION AND DEPARTMENTALIZATION ON DAY 1,825
Write a description of how your company has changed since DAY 1 and what that has meant in terms of the recruitment and selection of 95 new people to meet your companys growing needs. You have had to make decisions about how to organize the business and where to put these people, including your original five employees. Specifically talk about the role of specialization and departmentalization in organizing your human resources now that your company has 100 employees. What are you trying to achieve now and how does the organization chart reflect that?
In developing the organization chart, it was important to emphasize that strategy follows structure. In this case, after 5 years of continued expansion, the strategy for the company had changed. The strategy now was focused on building a national campaign and pushing the dating service outside of the college circles and into adult segment of the market in the next one to three years. Along with continuing to build the market for this service, it remained imperative to serve and improve the product for the target market we had already secured. Clearly, the number of college campuses that our service has a presence in indicates the success we have had in marketing the brand to the young adult segment of the consumer market. It was clear that the significant rise in users of the service meant the product had to continually evolve to satisfy the changing demands of consumers and that the number of services and responsibilities required growing the product needed to be expanded.
In order to accommodate for the growth of the service and to adapt to the evolving consumer environment, it was clear that more employees had to be hired. By expanding production levels, the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ushil Surapaneni Student ID#: 24782638 GSI: Jose Marimon Module #4 Assessment Activity April 28, 2014
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responsibility of each individual worker had to be more clearly defined to continue and improve on communication between the logistical bases that existed in the company. With more individuals involved in the company, greater forms of control had to be imposed so people understood the specific responsibilities they had for the company to meets its growth objectives. Greater departmentalization through the establishment of a decentralized, tall form of organizational command was necessary for the greater number of workers involved in the company to assume responsibility for each action they undertook.
While many layers of management threatens to slow down the innovation of the company, it strictly emphasized and maintained the status quo that the goal was to hold the college market base the company had acquired and push into the adult consumer market segment. With an increase in employees, higher specialization was needed so people would understand their responsibilities clearly. The company cannot run the risk of having people trying to do two jobs at once or confusion existing amongst individuals about what the responsibilities of their job entitled so high specialization was needed with a decentralization of power so the wide range of employees could work on their given responsibility.
To build upon growing momentum by expanding into a new target market while maintaining the current consumer base, a greater number of layers for the chain of command are necessary to continue to facilitate ideas while defining clear goals necessary for each department. By adding departments such as those involving accounting, sales, information technology, and public relations to name a few, the delegation of power offered clear and definitive roles and responsibilities for the company. The organization chart reflects that the company is looking to grow out of its college environment feel and capture a greater portion of the total consumer market, namely adults. By clearly defining roles, delegating authority and creating a tall chain of command, the employees of the organization remain responsible towards working for the common strategy and vision shared by the company and enforced by the central authority within the organization.