on a survey of the Virgin Group’s sustainability report that summarize the Virgin companies’ sustainability strategy‚ evaluating the sustainability report based on the Global Reporting Initiative (GRI) principle‚ to comment performance indicators and making recommendations‚ which can improve the sustainability report. Virgin Group’s Corporate responsibility and sustainable development report 2010 emphasizes the range of corporate responsibility and sustainability issues the Virgin companies face operating
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FOUNDATIONS OF ORGANIZATION STRUCTURE CHAPTER OBJECTIVES After reading this chapter‚ students should be able to: 1. Identify the six key elements that define an organization’s structure. 2. Describe a simple structure. 3. Explain the characteristics of a bureaucracy. 4. Describe a matrix organization. 5. Explain the characteristics of a “virtual” organization. 6. Summarize why managers want to create boundaryless organizations. 7. List the factors that favor different organization structures. 8
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1) What are Virgin Group’s distinctive resources/capabilities?The Virgin BrandFirstly‚ the Virgin brand is valuable in the form of brand equity‚ where ‘Virgin’ is one of the most recognised brand names in the UK‚ and is also well-known in other important markets including Europe and the U.S.A. Based on 1990s research‚ the Virgin brand was recognised by 96% of UK consumers (Case‚ p.685). Secondly‚ it is rare for a brand to have such positive consumer perceptions; which include value-for-money‚ fun
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Formal organization It is a fixed set of rules of infra-organization procedures and structures. As such‚ it is usually set out in writing‚ with a language of rules that ostensibly leave little discretion for interpretation. In some societies and in some organization‚ such rules may be strictly followed; in others‚ they may be little more than an empty formalism. * To facilitate the accomplishment of the goals of the organization: In a formal organization the work is delegated to each individual
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Organizational Structure An organization is a social unit of people‚ systematically structured and managed to meet a need or to pursue collective goals on a continuing basis. All organizations have a management structure that determines relationships between functions and positions‚ and subdivides and delegates roles‚ responsibilities‚ and authority to carry out defined tasks. Therefore‚ in order to better manage the large amount of resources and assets organizations need to be in some sort of
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Creating a Competitive Salary Structure INTRODUCTION Each employee in an organization is paid a salary. Salaries vary greatly‚ with executives earning as much as (or greater than) 100 times an entry-level employee’s salary. This variation is not by chance. It is rationally established through a salary structure – a hierarchy of salaries. Organizations develop this structure based upon internal factors (such as current rates‚ job relationships‚ and custom) and external factors (such as labor
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Structure in 5 ’s: A Synthesis of the Research on Organization Design Author(s): Henry Mintzberg Source: Management Science‚ Vol. 26‚ No. 3 (Mar.‚ 1980)‚ pp. 322-341 Published by: INFORMS Stable URL: http://www.jstor.org/stable/2630506 Accessed: 22/01/2010 02:03 Your use of the JSTOR archive indicates your acceptance of JSTOR ’s Terms and Conditions of Use‚ available at http://www.jstor.org/page/info/about/policies/terms.jsp. JSTOR ’s Terms and Conditions of Use provides‚ in part‚ that unless you
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LEADERSHIP & ORGANISATIONS COURSEWORK ASSIGNMENT TUTORIAL Leadership & Organisations 6BUS1001 – 0901 Semester A (2012-13) Case Study: ‘Virgin Atlantic and Ryanair’ Question: Using relevant leadership‚ management and motivation theory‚ compare and contrast the leadership styles of Richard Branson and Michael O’Leary. Critically discuss the state of affairs in the two organisations that are created or impacted by their leadership styles and behavior. Word Count: 1700 Your
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Facebook is a social-networking site that has a strong organization structure that is appropriate for their particular product; social media. Facebook seems like a simple site that does not require a structure to operate. Facebook launched in 2004 and is currently the most popular social-networking site. People can share photos‚ stories‚ life experiences of both positive and negative. This strong organization structure has allowed Facebook to grow and continue to be strong in a competitive marketplace
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OrganizationalOrganizational structure is needed in organizations to arrange employees and their jobs in a certain category to help meet business goals and needs. Procedures are established that assign responsibilities for various functions. These decisions help determine organizational structure (Madapusi‚ 2008). Organizational structure allows greater effectiveness in organizations. Different types of organizations such as Baker Hughes Drilling Fluids‚ Atlanta Memorial Hospital‚ Doyenne Constructors
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