01.

Mobassira Fabiha Haque 20-024

02. Mohammad Atikur Rahman 20-100
03. Al-Faysal Bin Amin 20-168
04. M.Q.M. Siddiqui Proshun 20-202
05. Parbon Acharjee 20-212
Jannatun Naym
Lecturer
Department of Finance
Faculty of Business Studies
University of Dhaka
Parbon Acharjee
ID No.: 20-212

Pfizer Headquarter
Type Public
Industry Pharmaceutical
Founded 1849
Headquarters New York City US
Area served Worldwide
Key people Ian Read, (President and CEO)
Employees 78,000 (2013)
Concerned Medical
Disciplines.

Immunology,
Oncology,
Cardiology,
Dialectology/Endocrinology
Neurology.


Lipitor
Lyrica
Advil
Zithromax
Viagra
Celebrex/Celebra
Centrum etc.



Pfizer was founded by cousins Charles Pfizer and
Charles Erhart in New York City in 1849 as a
manufacturer of fine chemicals.
Apart from the main headquarter in NY, Pfizer has many
other offices in California, Colorado, Georgia,
Massachusetts, Michigan etc.

WarnerLambert(2000),
Pharmacia (2003) and
Wyeth in 2009.
Listed on the New York Stock Exchange, and its
shares have been a component of the Dow Jones
Industrial Average since April 2004


Good health is vital to all of us, and finding
sustainable solutions to the most pressing health care
challenges of our world cannot wait. That's why we at
Pfizer are committed to applying science and our
global resources to improve health and well-being at
every stage of life.
- Ian Read, CEO


M.Q.M. Siddiqui Proshun
ID No.: 20-202


Internal studies of Pfizer pharmaceutical company had
shown that that 20 to 40 percent of the valuable time of
the experienced employees was used to waste on menial
tasks. To reduce that Jordan Cohen invented a way called
OOF(Office of the Future).Now Pfizers employees can
click the OOF button in Microsoft Outlook and they are
connected to an outsourcing company where a single
worker receives and assigns those menial tasks to a team.


The Other End of The Magic Button
Origin of OOF
Benefits of OOF
OOFing companies at present





Mohammad Atikur Rahman
ID No.: 20-100
Describe and evaluate
what Pfizer is doing?
Structure Type: Boundaryless Network organization

-Considering the dynamic and fickle tendencies of organizations
todays managers mostly opt for Contemporary Organizational
Designs instead of the Traditional one.
Organizational Design
Classification..
Organizational
Designs
Traditional
Simple
Functional Divisional
Contemporary
Team
structure
Matrix
and
project
structure
Boudaryless
structure
Boundaryless
Organization
Virtual
Network
* Work Specialization
* Departmentalization
* Chain of command
* Span of control
* Centralization and decentralization
* Formalization
The 6 designing
elements..
Now its time to analyze the
companys structures
good sides and bad sides
on basis of these key
elements.
Mobassira Fabiha Haque
ID No.: 20-024

1.From work specialization
perspective:

Degree: Hyperspecialization

Good sides:
opportunity to improve coordination and integration,
span organizational boundaries,

Bad sides:
Little option to learn new things;
Repeated interaction with delegates.

2.From departmentalization
perspective:


Departmentalization Form: Process departmentalization

Good sides:
Employees can develop skills
Theres good coordination within the function

Bad sides:
Lack of communication
Employees tend to become narrow specialists.

3.From Chain of command
perspective:

Type: Clear chain of command

Good sides:
Structured Grouping
Increased Efficiency
Bad sides:
Subordinates reluctance to report bad news to their superiors.
Employees (farther down the chain) failure to understand the
policy or deprival of knowing them.
Scheduling conflicts


4.From span of control
perspective:
Degree: Broad

Good sides:
Staffs empowerment
Saves money
Less levels of communication

Bad sides:
Managers may make snap decisions
Managers will have less time for planning.
Subordinates may make decisions they are not trained to
make.
5.From Centralization
perspective:

Degree: More centralized
Good sides:
Reduced cost
Uniformity in action
Personal leadership
Bad sides:
Delay in work
Remote control
No loyalty

6.From Formalization
perspective:

Degree: Low formalization
Good sides:
Flexibility at workplaces;
Employee friendly atmosphere
Bad sides:
Lack of accountability;
Lack of cautiousness;
Lack of obedience.



From Pfizers aspect.

The network organization design used by Pfizer has helped to
balance recent layoffs the company experienced after a nearly
$4 billion yearly budget cut. According to managers in the
Fast Company article, the OOF has cut some project costs by
100% .


Network Organization in a
nutshell.
"Network Organization is where independent people and
groups act as independent nodes, link across boundaries, to
work together for a common purpose; it has multiple
leaders, lots of voluntary links and interacting levels.
- Lipnack and Stamps


Concentration on skills of employees
Being closer to the customer
Maximizing the knowledge
Minimizing disruption
Responsiveness and adaptiveness
Al-Faysal Bin Amin
ID No.: 20-168
*Lack of physical location
*Lack of oversight to manage employees
*Increased occupational stress
*Dependency on technology
Disadvantages of network
organization
Appropriate for organizations which ensures :
Concentration on the skills of employees for achieving the
goal
Skilled employees with technological knowledge
Customer satisfaction by providing instant support and
guidelines to customers.

Inappropriate for organizations which :
Lacks of skilled employees with technological know-how
Needs physical supervision of the managers to achieve the
goal
Provides less personnel cost

What role do you think
organizational structure
plays in an organizations
efficiency and effectiveness ?
*Organizational Effectiveness is based on the integration
of the goals of the organization and the employees.
*Organizational Efficiency is the ability to minimize the
use of resources in achieving organizational objectives.
Organizational structure
Enables a company to function smoothly
To remain responsive to its internal and external
stakeholders
Adapt to changes in the marketplace
Promotes innovation.

Role
Goal Attainment
& Employee
Satisfaction
Effectiveness
Effective communication :
In emergency, utilizing the communication portion can
make sure important data is provided to decision
makers to keep company competitive.
Increasing customer service :
prevents customer service issues from getting bounced
from one person to another. This efficiency will help
increase customer retention and preserve repeat
business.
Keeping employees connected
keeps widely dispersed and mobile employees
connected to the organization.
ORGANIZATIONAL STRUCTURE PLAYS AN
IMPORTANT ROLE IN ACHIEVING EFFECTIVENSS
AND EFFIECIENCY OF AN ORGANIZATION
??