Organizational structure is understood as the means by which any organization uses to achieve its objectives.
In its broadest sense, the organizational structure gives order to the company. Responsible human talent of the organization in each of the areas that have been previously defined.
Its purpose is to establish a system of roles to be developed by members of an organization to work together optimally, so that corporate objectives are achieved.
For some organizational consultants and experts in the field, the organizational structure is the way it is divided, grouped and coordinated the activities of the organization in terms of relations between managers and employees, between managers and managers, and between employees and employed.
The foregoing relates to the organizational structure is shown how divided the work in the company.
I’ll show you three basic forms of organizational structure, as the departments of a company can either formally grouped by function, by product or service and on matrix.
1. Functional organization
This type of structure is the most used, in her departments or functional areas represent substantive tasks of the company.
As it is really very simple, is used in firms operating in stable conditions and have few products or services and that their tasks are routine.
The importance of this structure is that it brings together people who have a similar position within the organization or develop similar functions, resources and skills using the same style.
Consists of the parts of the organization and the relationships that link, including the functions, activities, relations of authority and dependence, responsibilities, objectives, and procedures manuals, job descriptions and resource allocation.
Although, this type of structure can be found in various types of organizations, but generally applies to small and medium enterprises for ease of interpretation and monitoring provided, usually it is common to mistakenly confuse the concept of organizational as it provides a quick view of some formal aspects of the utmost importance.
2. Organization by product / service
It occurs in organizations that group activities based on products or services they sell. It is commonly seen in companies that have lots of products and that because these are so extensive it is uncontrollable organized as in the previous case.
Companies adopt this type of structure when growth is essential to appoint several divisional managers with authority over the functions of production, sales and service on their product lines.
The interesting thing about this structure is that it allows the general direction to its executive divisional delegate broad authority to perform the various functions that emerge from the process alluded to a product to a service.
The main advantage is the company’s focus on customer satisfaction.
3. Matrix Organization
The matrix structure groups people simultaneously functions and divisions, that is, combining functional and divisional structures.
The main objective of this type of structuring is to seek greater integration of specialized resources, which is useful when developing projects with defined time in their development or delivery.
Unlike other types of organizational structures, this does not apply to any company as it is designed to develop in those who work on projects.
It is therefore easily find specialized consulting firms, pools of lawyers, civil engineering companies or advertising firms with this kind of structure in your organization.
The foregoing relates to a project is a set of unique activities and specific individuals, which has a specified time to perform and the resources allocated to it to get it.
The truth is that the matrix structure is quite useful when you want to develop projects more quickly, while it serves the organization to take innovation and creativity more representative competitive advantage.
In this type of organization, the company has a results orientation, focusing on revenue generation projects. and represents a clear opportunity for cost savings for the flexible use of human talent.
Whatever the organizational structure to take your business, you must keep in mind that what is sought is to make the best selection, the most optimal, that provides long-term competitive advantage in the enterprise, maximizing existing human talent in front to market requirements.
Management for small business requires proper training. With this discovery in mind, there are many schools of business administration and universities that have been created around the United States and Latin America.
A thorough analysis in the business world shows that most companies in the market are small and medium enterprises. Most of them have survived the force of adequate knowledge about which is the document management and other efforts involving the business world.
The management training needed to get the sociological, psychological control and economic factors. Students need to be encouraged to be open minded if companies are to be established are to survive the competition and evolving market trends.
The notion that highly paid jobs are available only in large corporations should be removed from the minds of potential businessmen to come. In any case, the U.S. economy and Latin America depends heavily on small and medium enterprises next. The government has even sought strategies regarding the management of companies and how to encourage different initiatives.
Management courses to explore the nature of small businesses, scope or coverage, the necessary skills and technology and knowledge in it. The financial management should be the basis of these courses. Research shows that many small firms are driven out of service due to lack of balance between inputs and outputs.
Other management skills that need to be taught in universities include accounting and bookkeeping, time management, human resources management, which is also key management personnel employed in these companies. Project management, sales management, data management, knowledge management , office management, among others, should also be stressed enough.
Every business is created to perform some activity either manufacturing, marketing or service to meet the goals that always arises the need to create a group of people who develop activities for the fulfillment of objectives. The management of human talent is evident in the business development and intervention to improve the resources available, human talent being the most important for the contribution of ideas, activities and developments in the improvement of the organization.
The company raised target to be implemented across the board and every officer should be clear and deploy mission as their own, on the challenges posed by the human resource management can be divided according to the purposes of the organization and :
Social: It is manifested in the activity or service provided by the company in an ethical and the relationship between the company and officials.
Organizational: To support the development of business and human resource management fulfills a very important commitment and to be responsible for the work performance of staff in every area of the organization.
Functional: The human resource management must constantly make an assessment of the performance of each member of the department that contains the company to maintain an adequate level and respond to the situations, problems and resolve them according to your needs.
Personal: Refers to the needs of each individual when the company contributes to improving the quality of life of workers are more productive office and courage to fulfill them, the quality is better. As for human resource management an important factor in supporting the dreams, goals and ideals of each person.
These challenges are handled to be taken as the basis for the strategic management of companies and comply fully with the activities for the welfare of the company.
The objectives of human resource management in three sustainable basis for the optimal functioning of the organization:
Contingent RH: with skills to meet business objectives
Organizational conditions: – Create conditions that may generate and fulfill personal goals of each person within the organization
Resources available: Provide them with efficiency and effectiveness.
The importance of Human Resource Management, has been increasing because companies increasingly require highly competent and motivated so that they can adapt to constant changes that may occur within the company.
We report that each company is of essential importance of human resource development, social responsibility and commitments have to appropriate to the needs of their workers. The motivation of the company to give workers greater benefits to the same company, therefore, the development of one of them is the one that improving worker performance, where it is important to take into account the needs of employees and try to develop activities and benefits to meet them.
The core of the organization are individuals and it is these where the knowledge and creativity, so that they give their full potential in their work, must be satisfied, you should see the work as the way to go and meet the goals set and both parties have rights but also obligations.
Human Resource Management provides each person in the company the skills and capabilities required to achieve satisfaction and fulfillment of goals set within the organization. The Human Resources Administration regulates the functions performed in each individual within the company, are made according to the goals they want to achieve.
The objectives are the same as has the organization, these are mainly the efficiency and effectiveness for greater productivity through job satisfaction of individuals making up the company.
The activities developed by the Human Resources Administration is based on and be given support to all departments and meet the specific needs for the existing positions within the company and well qualified staff to improve their effectiveness and efficiency in all processes.
They include activities to which personnel are trained and oriented for designated activities, performance assessments to identify areas for improvement and make the respective feedback towards the improvement of each department.
The resources used in the company to achieve the goals of any company, are elements that the administration said the fill will facilitate the objectives.
Make a business plan is a task that any entrepreneur or entrepreneurial team must perform. That if you really want to spend a business idea throughout the research process necessary to create a company in a position to succeed.
In essence a business plan is a document that gathers all the information necessary to evaluate a business and the general guidelines to implement it. Submit this plan is essential to seek funding, partners or investors, but also serves as a guide for those who are in charge of the company.
But why is it necessary to develop a business plan? …
Because in modern times, where there is nothing more constant than change, have quality information is more than necessary to significantly reducing the risk associated with starting a business project.
Although, the business risk can not be eliminated completely. There is no method that can eliminate all risk in the business. However, they can do something with the risk posed by business, this is minimized.
And this is where the business plan will provide the most important input for making economic decisions and investment. The better informed you are, will be much easier to make decisions.
In that sense, the business plans usually serve to justify, to the financiers, investors and project promoters, the convenience of carrying out the investment project. This important feature, however, is not the only convenience of developing a business plan consciousness. There are several advantages associated with this process, the main as follows:
- Better understand your product or service
- Determine what your goals and objectives
- Anticipate potential problems and failures
- Clarify where will their financial resources
- Have parameters to measure the growth of the company and the more or less meeting the objectives
- It is a communication tool to familiarize employees, sales staff and suppliers, all associated with the objectives of the company.
- It saves money because it focuses the organization on what is important.
Do not underestimate the power of making your business plan, because when facing any life project, business or personal, should take steps to achieve a goal, the costs and benefits, risks, opportunities success and failure. Since this is a business, it is much more convenient a written plan.
Of course, the preparation of a business plan does not guarantee success in obtaining investment and support, but their absence ensures almost certain failure.
It should be understood that the development of a business plan is an exercise in hard and painful, but essential. The process approach requires a clearer understanding of what to do and how. Although not required external support, a business plan is important to avoid mistakes and recognize hidden opportunities.
The Estée Lauder Company has been known in the retail cosmetics industry as company that takes pride in its effective products, groundbreaking marketing strategies, and its efficient leaders. Truly, the company could not stand alone with its valued products as it needs to rely on its leaders and management as well. No successful has achieved its status if without the seamless cooperation and understanding within the management and organization.
The Company has worked its way up to the top from being a humble cosmetics retailer back in the mid-1940s. With the proper guidance and leadership of its founder – the Lauder family, the company had seen the better view of the market and was able to be in sync with the taste of the public when it comes to cosmetics and skin care. Estée, needless to say, was able to achieve great successes due to the effectiveness of its management. The people behind the company’s triumph, the members of the Lauder family, are known for their incredible know-how when it comes to retail business. Thus, the brand is able to face all the storms the market could give.
Among the more known Lauders who assumed the top post at Estée is William Lauder. He started with the company in 1986 as its Regional Marketing Director for the Clinique brand. During his time with this post, William helped in furthering the establishment of a marketing approach that up until now Clinique is known for – personal selling strategy. This strategy allowed the company to get the trust of its clients. Estée trained counter personnel to attend to costumers’ concerns by helping them in picking the right cosmetics for their skin type. This groundbreaking approach furthered the reputation of Estée, most especially its Clinique brand. Under his leadership, William Lauder likewise spearheaded the Origins cosmetics brand, thus the ‘store-within-a-store’ concept totally became a hit for the Company’s loyal clients.
After acing his regional market directing stint for Clinique post, William continued to pursue his career with the company, until he became one of its leaders. In 2003, he became the Chief Operating Officer for the company. While with the said position, he led nine specialty businesses and retail operations of the company. Subsequently, in 2005, he became the company’s Chief Executive Officer (CEO). Then, in 2009, he assumed the Executive Chairman and Chairman of the Board of Directors positions.
Due to the high demand of 99 Cents Only Store, the company has able to increase its store location with the help of its dedicated chief executive officer Eric Schiffer. They are able to increase their store location with just a matter of years. In 2009, the company was able to gain $1.3 billion revenues and this is out of selling items priced in pennies. The company was able to sell about 1.5 billion of items to be able to reach that kind of revenue. This means that there are still a lot of people coming in the store even if there are now different competitors available on different location. This is because they are able to gain a lot of loyal clients in the span of time that they are serving certain areas. Having famous celebrities to admit that they sometimes buy items from 99 Cents Only Store helps in advertising the company’s high quality item.
The major technique is to get people to make that first buy and they will surely be back for more. Most of the first time visitors have a lot of questions to ask but the staff is polite and patient enough to be able to asses them with their queries. Questions like is it safe or does it fall off the truck is often asked. But the real technique is to be able to buy items straight from the manufacturer and find some closeout sale that can insure great deals. Buying in bulk from their usual suppliers can also help make them avail certain special discounts.
Eric Schiffer aims to increase what the company is already able to achieve. There are still room for changes but as well as errors. It is important that officers are able to take the risk together with the benefits involve on certain projects. People now continue to look for essential items in any 99 Cents Only Store. Most of their buyers buy groceries although the store offers a wide variety of times. Finding great deals sometimes is no surprise to others that have been buying items off the store.
For any officer or organization to have a full understanding of what a typical management consultancy group does, he must have knowledge of what management consultancy really is all about. The latter is all about assisting firms and companies in refining the performance of their leaders and employees, as well as their overall performance. How? This is by examining and identifying the existing problems within the company. It then comes up with strategies that will help in effectively dealing with them. A highly valuable area that they can provide major assistance is information technology. Most consultancy firms should be adept in this field since IT is forever advancing and improving. Almost all modern businesses make use of Information technology, which is why consultancy should be obtained to maximize their time and finances when dealing with such area of business.
Another advantage of imposing technology in any business is ready communication among employees and clients. Many consultancy groups realize the significance of technology, which is why they decide to provide valuable technological implementation programs. A few valuable technological processes that consultancy firms perform are hardware and software acquisition, IP network consultation, server networking, design of network server management, implementation of IT policies, and network documentation. When it comes to technology, consultancy services likewise perform critical functions like internet routing, disaster prevention, SMTPR, Authentication Dial In, and server migration.
Firms and companies have dire need of assistance in order to attain outstanding management and consultancy services for their organizations, should take advantage of the superb service of Bertrand Management Group. Bertrand is known as the best consultancy service provider in the business and management industries these days. Bertrand is able to implement the most impressive technological approaches geared towards aiding organizations and firms to enjoy major positions in their niche markets.
The service makes use of the latest in consultancy technologies so that clients will be able to take advantage of these tools when it comes to the development of both production and management. Bertrand Management Group Ontario Ca likewise makes use of common yet advanced and highly effective tools like the Internet. The latter is very effective in aiding customers in maximizing their exposure and presence in the online world.
Stuff happens. No matter how carefully you budget, sometimes there are unexpected expenses like an appliance breaks, or your son announced that he he made the band and now needs money for a musical instrument or your family pet just ran up a huge vet bill. Whatever your emergency, if you own a car outright, are employed and you live in Tallahassee, auto title loans can offer a great way for cash-strapped individuals to get money when they need it.
Title loans generally have only minimal requirements and good credit usually is not one of the requirements. These days, most individuals are relieved to know they can still get a loan even if they have had recent credit difficulties. A title loan is secured by the car even though you keep your car so the lender does have collateral in case you default on the loan. Not many people do default though, they don’t want to lose their car!
Auto title loans are a quick source of funds that can come in handy when you have an unexpected financial crisis. Since there are many lenders making loans on car titles in Florida, it’s wise to shop around for the best loan rate. If you live in Tallahassee, you should find at least several lenders to choose from to help you get out of your financial difficulties.
The pecking order also applies to business, that is why hiring a business consulting company could be a decision that will help you as an entrepreneur or business owner to get in order to achieve the goals you’ve set.
A consultancy service which of course has all the experience of a professional who can teach the most viable paths employer should follow in their business, is a treasure tucked away in a trunk, and few entrepreneurs or entrepreneurs dare to open.
And is that one of the biggest mistakes that are repeated every time I review a business and its handling is that the employer refuses to accept the mistakes being committed to his business;
Incredibly often, the same employer is the main factor that stops the growth of their own business. Continue reading
Before starting a business is important to consider certain aspects that can be decisive in the success or failure of it. Not enough to motivation and desire to undertake, which are very important although not ideally be guided by this only as the main engine. You have to listen to reason also that the guidelines will give us more materials, strategic and numerical.
I provide these 5 tips before starting a business:
1. New in this area. You can start a business or not having prior experience in the sector like you’re integrating, but it is certainly preferred to have it. There are factors, circumstances and key information that only through experience in the field can be learned. If you already have you really say you have a plus, if not, I would recommend two things: I recommend you to experience one way or another either working or if you already have a job very gradually start taking you for your time to invertirle when time and money count on the experience that is necessary and really know if there are opportunities for you in this sector. If experience is minimal, you can hire someone who already has to based on their experience will guide activities and decisions and minimize errors and the learning gap. Continue reading
The current medicine for ailing or stagnate business is organisational culture change. However as a business manager, changing an entrenched business culture is going to be the toughest task that ever faces you. To be successful in implementing organisational culture change, you must first win the hearts and minds of the people you work with, and that will take both some cunning and the gentle art of persuasion. The more entrenched or old line the company is, will determine the ease with which you will steer a lumbering mammoth business, back toward productivity and solvency.
To rally the people you work with, they need to have some understanding of why the change in business strategy or why an organisational culture change is needed in the first place. If they don’t see the problem as well, it will be hard to muster support for a new plan.
A limiting factor can be your available resources, as changing a business organization will require shifting resources within the overall infrastructure and could leave you short supplied in the areas that gets borrowed from.
Long term, outcomes need to be projected if the organisational culture change is to take place properly and orderly. This can be unsettling to some workers and a boon to enthusiasm for others. Once you’ve belayed worked fears and planned for variable output the motivation should swell along with it.
As the business plan a document that clearly and accurately brings a wealth of information about your business project, you must respond promptly to the questions: what, how?, How?, Where? and why? has to make the business project.
It is also very important to have complete clarity of the objective pursued by the business project. This is critical when setting up your plan of life as an entrepreneur, as an entrepreneur.
If you want your business plan is well developed, you should follow these tips and practice with the aim of obtaining a document well structured approach that allows any entity or funding source to support the entrepreneurial culture in your country.
These are the ten points for any reason may be missing in your business plan:
Executive Summary. What you want with this section of the business plan is to motivate readers to continue investigating more about your business plan. Must act as the “gag start” to invite to eat the “main course”. Do not forget that it is a synthesis of the whole business plan, although that is placed first, is the last thing is made in the business plan.
Description of product / service. To do this, you must provide clarity on issues such as: what are the benefits offered by your product / service to the customer or user?, What are the needs that this product / service satisfy?, What is the distinctive value for which the consumer of preferirte?, what are the attributes and functionality of the product / service?, and finally what is the audience it is aimed at?. An important point to consider in carrying out this section of the business plan has to do with looking at the demographic or psychographic, and lifestyle of your customer, your personality and consumer behavior in the market. This becomes very important to develop a market research.
Market potential of the project. Its preparation must set the size of the market segment, the latter is dimensioned in sales, profitability and the trend has been identified in that market. Ultimately, what is being done is to present the results of market research.
Competitive environment. To this point, you should identify the main competitors. It identified the strengths and weaknesses and barriers to market entry.
Business model. At this point, it ask the question: How do you have to get revenue for running the business?
Financial expectations. In developing this part, you should be allowed to know where the company must be in the next five years. In this sense, projected revenues and expenditures, make a profit and loss statement and cash flow. After this data, perform a projection of the present value of the company to date. It is useful to make this projection scenarios, ie, you must be projecting your business in a likely scenario, according to current conditions, an optimistic scenario, if the current conditions improve significantly, and a pessimistic scenario, if the Current conditions could worsen significantly. Once you can have this information, the following is to establish what the investment needs as well as the resources that will require the business.
Organization and management team. At this point ask yourself: who is going to be behind the project?, What are their skills, experiences, how has the human talent to relate to each other?, What should be the role of the founders of the company when the project is formally underway?. Addition, it specifies what are the functional areas of the company, how you interrelate, and delegation of responsibilities by the human talent that runs them.
The company. On this point, the idea is to establish what are the strengths and weaknesses, what are the equity that has the company, which may represent a competitive advantage in this market segment or selected.
Implementation plan. In this section we want to know what state is the product / service, and steps for making the product or service.
Marketing and sales strategy. The purpose of this is to establish the positioning of your product or service on the market, how is positioned in the consumer’s mind?, What are the strategies to be used from the point of view of the product?, ¿of the price?, what promotional strategy and communication?, all this in order to create a brand image and action plan with their sales policies.
Note that whether they are dealing with a business idea and bring it to the creation of a business plan or venture into a new market, in terms of expanding your business, or implementing a new technology in its production process, you must make your business plan. What you want with your design and development is to have total clarity of what you will, of what is intended. This will serve as a plan of action that avoids the not too distant future loss of time and money.
By reading this article you must find out why the Technology Watch and Competitive Intelligence have become important pillars that will guarantee success and innovation in companies that want to survive highly competitive markets.
In the new scenarios which we live and we travel in our country, companies and organizations can identify three very important aspects, Globalization, understood as an economic, technological, social and cultural scale, which consists of increasing communication and interdependence between different countries of the world uniting their markets, societies and cultures, through a series of social, economic, permanently changing the context that implies and requires individuals and businesses to be flexible and adapt knowledge and appreciation treated as facts, data or information acquired by a person through experience or education, theoretical or practical understanding of a subject or object of reality including the “know why” the “know how” and “know where”.
These current dynamics lead us to give a review of the organizational culture as it is important to grasp, assimilate and share in an appropriate manner and with clarity which is what we need and has meaning for us. The essential feature to ensure that information is useful and meaningful, and thus fulfill the purpose of surveillance is its valuation. The collective effort and organized acquisition, processing and dissemination of information required for monitoring is only justified from the business perspective, when put to immediate transformation in value to the extent that is capable of meeting the expectations and criteria of the policy making. It is in this case when we talk about intelligence function.
The organization of surveillance in the company requires basic functions inherent in allowing monitoring and combine the method and tools with human resources is to look through the search, collection and dissemination of information networks formalized and informal documentary and information dissemination. Analyze the processing, analysis and validation in relation to the network of expert analysts from different departments of the company and use the exploitation of intelligence network, knowledge for decision making.
Within the network there are different actors, information technology must not reduce the availability of relevant networks. The main thing is the content rather than infrastructure, thereby to circulate and advanced information is incorporated into decision making is essential to a network of specialists, ideally made up of people convinced of the need to work together and cooperate.
These elements are critical for the company or organization at the forefront of this change and adapt easily to them, you would save another question is the ethical component of the exercise as they should be respectful of copyrights and follow deontological codes, taking into account the norms and dignity are a priority in a society demand that every day more of us as individuals and professionals.