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Organizational Roles
For an organizational role to exist and be meaningful, it must incorporate: 1. Verifiable objectives, which are a major part of planning. 2. A clear idea of the major duties or activities involved. 3. An understood area of discretion or authority so that the person filling the role knows what he or she can do to accomplish goals.
Organizing involves:
1. The identification and classification of required activities. 2. The grouping of activities necessary to attain objectives. 3. The assignment of each grouping to a manager with the authority (delegation) necessary to supervise it. 4. The provision for coordination horizontally (on the same or a similar organizational level) and vertically (for example, corporate headquarters, division, and department) in the organization structure.
Definition of Organization
Organization implies a formalized intentional structure of roles or positions.
Organization Chart
A graphical representation of an organization.
What is a Department?
The department designates a distinct area, division, or branch of an organization over which a manager has authority for the performance of specified activities.
Sector
Style of management Reach of markets
Product offering
Standard and coordinated product offering in different markets or uncoordinated product offering in different markets adapted to the local conditions & preferences
Ownership capital or debt-financed, domestic funds or financed through FDI Listed or unlisted
Definition of Reengineering
The fundamental rethinking and radical redesign of business processes to achieve dramatic improvements in critical contemporary measures of performance, such as cost, quality, service, and speed. The underlined words are considered key aspects of reengineering by Hammer and Champy.
Management by Processes
5.