Organizational Design and Organizational Structure 1. Organizational Design - management decisions and actions that result in a specific organization structure. Four Design Decisions 1. Division of Labor – process of dividing work into relatively specialized jobs to achieve advantages of specialization. Division of labor in organization can occur in three different ways: a. Work can be divided into different personal specialties. b. Work can be divided into different activities necessitated
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General Electric’s human capital development is deeply rooted into the company’s cultural values. These development practices created a pool of highly skilled personnel that perform far beyond the needs of the company‚ which allow it to compete with other organizations. The key to having such skilled management is by hiring talented and interesting people and investing heavily in their growth. By making continuous education a top priority it helps people to reach their full potential. General
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empowerment and most importantly providing useful change in the organization. The main differences between leaders and managers are: the relationship between the followers and managers and leaders‚ how leaders and managers solve problems‚ and the difference in emotional intelligence between leaders and managers. Leaders and managers have a difference in emotional intelligence. A leader is an individual who strategizes a visionary and most importantly someone who inspires other people to greatness
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2011 Managers and Leaders: Are They Different? Harvard Business Review article written by Abraham Zaleznik in 1992 titled‚ ‘Managers and Leaders: Are they Different’‚ addresses the factors that distinctively outlines attributes of a manager versus those of a leader. A manager’s objectives are to achieve the best results as it relates to the goals of an organization. A leader sets those goals that are to be accomplished. According to Zaleznik‚ best practices vary in the way a manager and leader sets
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Purpose: After hearing this presentation. The prospective investor will have to proper knowledge and information to purchase stocks in the corporation. * Thesis: General Electric is the world leader in research and development‚ manufacturing‚ and international cooperation. Introduction General Electric has been the cornerstone of innovation for over a century. Employing over 36‚000 technologists around the world. The manufacturing and development branch has played a huge part in creating imports
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Jill Ridgley General Electric Strategic Planning During the 1980s General Electric’s Chairman‚ Jack Welch‚ became highly influential and equally controversial in the world of strategic management. Although Welch focused on gaining competitive advantage for his organization‚ he also began downsizing and restructuring GE. GE’s strategic planning and operational efforts began a shift toward Total Quality Management and improving productivity. (WriteWork contributors. “Levels of Planning in Management”
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| General Electric | A Business Analysis | | | | | Table of Contents: Abstract | Page 3 | Introduction | Page 4 | Strengths and Weaknesses | Page 5 | Financial Analysis | Page 9 | Environmental Threats | Page 10 | Growth Opportunities | Page 12 | Assessment‚ Prospects‚ and Suggested Future Direction | Page 15 | References | Page 17 | Abstract General Electric is a worldwide manufacturer and supplier of an extremely wide spectrum goods and services
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General Manager’s Speech BOC Pettah branch was started in 1993 as the 4th branch to facilitate local business community. The then colonial rulers wanted to have a local bank to assist plantation industry. BOC was started with that thought in mind. Bank has given priority to Pettah commercial hub and started the 4th branch in this area. Until recently Pettah has been the center of distribution of all food items throughout the country. Pettah businessmen import essential items such as rice‚ dhal
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BPMN 3023 STRATEGIC MANAGEMENT Semester 2‚ Session 2014/2015 Group L Prepared to: BADRUDDIN BIN A.RAHMAN Prepared by: STRATEGIC AUDIT: GENERAL ELECTRIC (GE) WILLIAM TEH CHUN ZIAN CHAN SHIEN LING ONG WEI LING CHEW SHWU LING CHONG WEY LEONG MOW WIN FAI GAN MEI YEE SIM HONG PING ONG TENG BIN ATIKAH BT AZMI 219081 219250 220125 220213 220310 220752 220857 221580 221691 221789 Current Situation Earnings per share 9.4% Operating earnings per share 9.3% Strategic Posture MISSION to inventing
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Introduction Organizational structures developed from the ancient times of hunters and collectors in tribal organizations through highly royal and clerical power structures to industrial structures and today ’s post-industrial structures. The typical hierarchical arrangement for lines of authorities‚ communications‚ rights and duties of an organization. Organizational structure determines how the roles‚ power and responsibilities are assigned‚ controlled‚ and coordinated‚ and how information flows
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