Monday, December 23, 2019
Matrix Organizational Structure - 2670 Words
|THE CTL EUROCOLLEGE | |MGT 601 MANAGEMENT AND ORGANIZATION | |SYNGENTA | | | |Michael Osei Nkrumah | |6/5/2011â⬠¦show more contentâ⬠¦The same can be said for projects B, C and D. 3. As mentioned earlier, Syngenta is making use of a matrix organizational structure to tap into the breadth and depth of the talents they have, to support their business strategies in the markets in which they operate. Syngenta operates in multidisciplinary markets which require various skills and expertise. Some of the companyââ¬â¢s markets according to the companyââ¬â¢s website include crop protection, seeds, flowers, turf and landscape, and bioline. These fields are specialized fields and require people with high scientific and technical background than just a business background (marketing, manufacturing, supply chain and logistics, finance and purchasing). To fulfill its mission which according to the site is ââ¬Å"Bringing plant potential to lifeâ⬠, the company relies on the various knowledge, skills, competencies and talents of its human resource pulled from their usual functions to work together on each project the company undertakes. The matrix structure promotes coordination among team members and among team members and their supervisor, facilitates sharing of knowledge and expertise among employees drawn from different departments, enables complex decision making in the face of an unstable environment such as the one in which Syngenta operates and promote effective communication required for the various functions to work together moreShow MoreRelatedAdvantages and Disadvantage Funtonal, Matrix and Dedicated in Organizational Structures765 Words à |à 4 Pagesto evaluate and discuss critically three different principles of project management under the following tasks : Task 1 Task 2 Task 3 Organisation Structure Risk Management Project Planning The details of the tasks are explained below: TASK 1: ORGANISATION STRUCTURE Question Discuss the relative advantages and disadvantages of the functional, matrix, and dedicated team approaches to managing projects. [20 marks] TASK 2: PROJECT RISK MANAGEMENT GiGi Incorporated The rapid growth of the telecommunicationsRead MoreMatrix Analysis : Matrix Management Essay1135 Words à |à 5 Pageswhat is a Matrix? A matrix structure describes when we have more than one formal reporting line Matrix management describes where we are managing horizontally across the traditional, ââ¬ËVertical silosââ¬â¢ of functions, geography and organizational boundaries. It can include managing external stakeholders, multifunctional and virtual teams. Thus, in this structure the employment from different departments of the organization temporarily work together. In the matrix structure, there is no particularRead MoreMis Project Management At First National Bank1747 Words à |à 7 Pagesis too long and high temporal cost of Priority Committee; 2) The organizational structure is not a matrix; 3) The project manager faced many difficulties and challenges; 4) Low involvement of user department. The researchers Pretorius, Steyn, and Jordaan (2012) in their present that ââ¬Å"project management success is dependent on the following four dimensions: The skills and competencies of the project manager; Organisational structure; Measurement Systems; and Management practices that represent anRead MoreQuestion case study Essay681 Words à |à 3 Pagesthe opportunity to discuss the tensions of designing for marketing vs. designing for manufacturing, the challenges of product development in a cross cultural setting, and the reasons why lo calized RD may be successful. vs. adaptation, and the structures and systems built to manage that tension. The case also helps to the diagnosis of the causes of failure of a new product development project, and the sources of challenges of a cross-cultural context. Finally, the case enables students to discussRead MoreUnderstanding Matrix Structures1065 Words à |à 5 PagesUnderstanding Matrix Structures An organizationââ¬â¢s capacity for responding effectively to dynamic change derives from a synergistic combination of people, processes, and flexible organizational structures (Gibson, Ivancevich, Donnelly, Konopaske, 2009). The flexibility of an organizationââ¬â¢s structure depends on the relationships that determine organizational workflow, authority and communication (Covin, Slevin, Schultz, 1994). As an example, this paper describes a matrix structure, offers recommendationsRead MoreBenefits Of Formal Planning For A Business Organization Essay1422 Words à |à 6 Pagesdirection, vision, rationale and purpose for the plan, which can be easily communicated to other members of the organization, showing them how serious it is about reaching organizational goals. 2. Explain What are the differences between strategic planning and operational planning. Ans) Strategic planning is an organizational management activity that is used to set priorities, focus energy and resources, strengthen operations, ensure that employees are working toward common goals, establish agreementRead MoreCulture, Power Politics1527 Words à |à 7 Pagesassigned tasks. Organizational culture, power and office politics influence day to day operations as well as govern the atmosphere within the organization. The amount of impact that power and politics have in the workplace, directly reflect the organizationââ¬â¢s culture formally as well as informally. Organizational Structure Organizational structure within an organization is a critical component of the day to day operations of a business. An organization benefits from organizational structure as a resultRead MoreManaging Business Activities to Achieve Results Essays723 Words à |à 3 Pagesmarketing, research and billing, for example. The organizational structure defines the relationship and interactions between the parts of your business, and identifies how the chain of command runs through the different levels. You can set up your business structure around your organizational functions, but even if you dont, function and structure will influence each other. Functional Structure Most businesses adopt a functional organizational structure: Different functions go into separate departmentsRead MoreWal Mart : The World s Largest978 Words à |à 4 Pages8 billion in 2000.and this, only from the U.S.A ââ¬â the magical number for Canada was $165 billion. ââ¬Æ' Wal-Mart not only uses a matrix organizational structure, but more specifically a geographical departmentalization matrix and this means they divide the company into geographical regions like North America, Europe etc. Then follow suit with that departmentalization matrix which divides their merchandise into a department that is monitored by both managements and sales groups. The most significantRead MoreOrganizational Structure Essay1147 Words à |à 5 PagesTo: MG 561 Class From: Jessica Rushing Subject: ââ¬Å"Organizational Structureâ⬠Introduction: Organizational structure provides the framework of an organization determining how roles and responsibilities are delegated throughout the different levels of the organization. It has been defined by some as the looking glass through which coworkers see their organization and its surrounding environment while others have described structure as the backbone of the organization. In this memo, I will
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