Organizational structure as a determinant of performance: Evidence from mutual funds Essay

Management accession Management is an eventful aspect of any organisation. For an system of rules to be no-hit, it is outstanding that in that respect should solid peak carried out by buss. All companies that atomic number 18 supremacyful have a great deal heard that they have a respectable and strong direction system as advantageously as capable autobuss that end help in achieving the objectives of companies.Task 1 A manager jakes be described as an individual that has been pose in a position of permit to finagle the operations of an presidential term. Management is the art of overseeing the operations of an government activity by ensuring that each(prenominal) operations atomic number 18 in line with the objectives of the familiarity (Csaszar, 2012). An giving medication is any entity that is focussed in achieving a collective objective. Managers as mentioned ar persons in positions of authority inwardly an ecesis that atomic number 18 tasked with th e responsibility of overseeing the operations of a particular institution. Managers atomic number 18 the finding brandrs inwardly an establishment and every decision that they make is often implemented with an aim of usurpation the objectives of the constitution(Aquinas, 2010). The success of any organization greatly depends on the managers as they atomic number 18 the decisions makers that becharm success. For example, when there atomic number 18 operational changes to be do such as the rate of production at heart an organization, a manager is deeply involved in providing the much essential guidance as rise upspring as make the final decision on what step to begin (Aghina, Smet,& Heywood, 2014). With the approval of the manager, the rate of production mint be increased which can then help the confederacy to attain more revenue. Furthermore, managers argon big at bottom organizations since they perform the function of forgening. It is the duty of the manager to plan how operations bequeath be carried out and how from each one project inside the organization will be under government issuen. For example, if an organization has an objective of improving on its sales, the manager will be involved in the proviso process by deciding the necessary steps that need to be taken for the project to be accomplished(Aquinas, 2010). Furthermore, it is important to note that managers are important in that they play the role of organizing. This involves formation of teams as wellheadhead as providing the appropriate imagings that can be lend oneself in completing tasks(Janiijevi, 2013). Organizing withal involves giving authority as well as assigning the staffs in the participation respective duties. Managers are also important inwardly organizations because they provide the staffing and make decisions on military man resources. After assessing the take that certain operations within an organization require, a manager will take the respon sibility of sourcing for the right employees, recruiting as well as ensuring that they are capable of handling the duties(Aghina, Smet, & Heywood, 2014). The human resource manager is often the person in charge of staffing and ensures that there are enough staffs that can enrapture out the operations for the success of an organization. Apart from the in a higher place important roles of a manager, they are also important because they provide leadership. The success of an organization will greatly depend on the type of leadership that is offered within the partnership(Koontz, &Weihrich, 2007). Managers often motivate, guide, communicate as well as encourage the employees under their leadership to perform well within the company. The managers also are important towards the success of an organization since they help employees in solving problems that they may face in the course of carrying out their duties. Therefore, by dint of the leadership qualities, managers are able to help a company or business become successful. Finally, managers are importance within an organization since they provide govern within an organization(Janiijevi, 2013). It is important that there must be frequent and continuous checks to ensure that operations of an organization are in line for the success of the company. Therefore, to ensure that all things run as required and that there are no loopholes in the operations of an organization, a manager must be available.Task 2 organisational social system refers to the arrangement in a hierarchical order which depicts the lines of authority as they are supposed to be within an organization. Furthermore, organizational social structure depicts the channels of communication, duties as well as the rights as they should flow within the organization from the top rank officers to the lower or junior employees. organisational structure is of great importance because it helps in outlining how an organization operates in terms of roles, res ponsibilities as well as the powers and how they are assigned to each person in the company (Koontz, &Weihrich, 2007). It helps in ensuring that there is proper coordination of operations within an organization and proper control is maintained to forefend conflicts. Furthermore, it is also to be celebrated that organizational structures within organizations are important in identifying how information flows within the organization.PRESIDENT/CEOFigure 1 Organizational chartVP-PRODUCTIONVP-MARJKETINGVP-SALESMANAGER1MANAGER1MANAGER1MANAGER2MANAGER2MANAGER2 The polar trains of forethought, that is the top aim, shopping centre take, as well as the bottom level forethought often work closely with each opposite to ensure that the primary objectives of an organization are benefit both in the short run and in the long run. It is important to observe that the organizational structure of any given company will in the beginning depend on the objectives of the organization as well a s its strategies (Krot, &Lewicka, 2012). When an organization has a centralized structure, it convey that the overall decision making within the organization is make at the top level care of the company. Furthermore, under a centralized structure, the top management has great and tight control over all the di deals as well as the departments within the organization and often those departments have different levels of independence. An organizational structure is important in that it helps to outline what steps different stakeholders need to take when dealing with the organization. Furthermore, it is to be noted that organizational structure helps in maintaining answerability(Aquinas, 2010). Through an organizational structure, one is able to know who is supposed to be held responsible in case certain things make pass in the company. Every person has their roles describe in the structure hence high level of accountability is maintained. It is also important in the success of an or ganization because it helps in the maximization of resources (Rolnek, Vrchota, Kubecov, &varov, 2014). The organizational structure is important because the resources can be allocated properly by pursuit the right channel of communication as outlined by the structure. In an organizational structure, the different levels of management are involved in making different types of decisions for the benefit of the organization (Chisa, 2014). It is to be noted that the strategic decisions which are often long term decisions of an organization are make by the top level management. These are decisions which shape as well as direct the operations of an organization as a whole and therefore the senior managers are the ones that make such decisions. The top level management often make their decisions which affect the stakeholders of the organization such as the shareholders as well as the internal stakeholders. The impact of the strategic decisions can be said to be greater than the impact of t he operational decisions since the strategic decisions influence the tactical and the operational decisions to be made by other managers. On the other hand, the tactical decisions within an organization are often made by the middle level management. These are decisions which are made and help in the implementation of the strategies of an organization(Aquinas, 2010). The middle level management work closely with the top level management so that the strategies formulated and the tactical decisions made by the middle level management can result in to exacting results. The tactical decisions will often rely on market question and data to ensure that the implementation of the strategies provide positive results in the long run. Finally, the operational decisions within an organization are often made by the middle or the junior management in an organization (Takahara, &Mesarovic, 2003). These decisions often involve the daily routine activities that are performed within the organization . For example the decision to change raise for employees from time to time is an operational decision made by a junior manager.Task 3 Unilever Plcis one of the multinational corporations that deal in consumer products as well as services across the globe. The mickle and mission of Unilever Plc is helping people to look good, facial expression good and get more out of life. The vision and mission of the company is to provide customer with consumer products that are of high quality and affordable (own website). The corporate schema which Unilever has continued to use is that of providing products that meet the expectations of the consumers as well as ensuring that the prices are affordable hence lovely to customers. Packaging and branding is another corporate schema the company has been using, ensuring that all its products are packaged in a unique way(own website). deck up outline refers to the outline conducted on a company to check on its strengths, weaknesses, the various opportunities it has as well as the banes that it faces in the course of carrying out its operations (Unilever elevate Analysis, 2012). This analysis helps in determining whether a company is in a better position as compared to its competitors and can help in making important decisions. It helps in identifying opportunities which a company can take on as well as the weaknesses which a company can build on to improve its military operation. Unilever makes use of the SWOT analysis to help make study business decisions such as the pricing of its products as well as packaging and how to handle competition(Unilever SWOT Analysis, 2012). Under SWOT analysis, the strengths of the company include novelty and new products launching, a strong portfolio for its brands as well as it has made strategic acquisitions. The weakness of the company is recalling of its products which affects its revenue. The opportunities include growing new markets such as home and personal care(Unilever SWOT A nalysis, 2012). However, it is faced with the threat of counterfeit products in the market. Organizational culture is also important in process of a company. In the case of Unilever, the company can improve its performance if its changes its culture of having a wide range of products under one brand (Unilever SWOT Analysis, 2012). The company needs to rebrand and have different portfolios for its products categorized for each consumer group.ReferencesAghina, W., De Smet, A., & Heywood, S. (2014).The erstwhile(prenominal) and future of global organizations. Mckinsey Quarterly, (3), 97-106.Aquinas, P. G. 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