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论文作者:留学生论文论文属性:作业指导 assignment guidelines登出时间:2010-12-01编辑:anterran点击率:3940
论文字数:4526论文编号:org201012011439564909语种:英语 English地区:中国价格:免费论文
Duties ...
Directors determine whether or not a company survives and thrives. The extent to which the board liberates or constrains the energies and talents of a company is determined by the competence of the directors, and how effectively they work together as a team.
Peter Morgan, Director General of the Institute of Directors
These functions tend to have:
• a reflective orientation;
• an external focus;
• a long-term time horizon;
• a holistic view to decision taking.
Therefore, your report to the Board level must display these qualities
The Implementation Process
• Implementation is the activities required to put the strategy into practice
• Implementation involves change in
– the structure of the organisation
– its systems and resources
– the skills and attitudes of people
• The approach can be comprehensive or incremental
Basic Functional Structure
Advantages
• Chief Executive in touch with all operations
• Reduces/simplifies control mechanisms
• Clear definition of responsibilities
• Specialists at senior and middle management level
Basic Functional Structure
Disadvantages
• Senior managers overburdened with routine matters
• Senior managers neglect strategic issues
• Difficult to cope with diversity
• Coordination between functions difficult
Pros & Cons
• easier to monitor performance
• easier to divest
• HQ can concentrate on strategy
• difficult to allocate functions
– duplication - marketing manager in each div
• tend to be expensive
• good for growth situations
Holding Company Structure
Advantages:
• Low central overheads
• Offsetting of individual business losses
• Availability of cheaper finance for individual businesses
• Spreading of risk for holding company
• Ease of divestment for holding company
disadvantage:
• Risk of divestment by holding company for individual business
• Unavailability ofwww.51lunwen.org skills at group level to assist individual businesses
• Lack of synergy
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