Choose a global business and critically analyse the organisational Essay

Choose a global business and critically analyse the organisational structure adopted by the company since 2008. Investigate the - Essay Example Some of the key products of the company are pointer telegraph, electric train, electron microscope, automation system, the most powerful gas turbine of the world as well as cardiac pacemaker. Siemens has been named the largest electronics company in the Europe by Bloomberg (Thiel, 2007). Strong labour resource acts as one of the major strengths for the company and it heavily depends on its workforce. The structure of the organization has undergone a major change in the last decade. Initially, the company was segmented into five primary divisions, such as Industry, Energy, Infrastructure and Cities, Healthcare and Siemens Financial Services (SFS) (Siemens, 2013b). All these divisions were administered by the CEO of the company. Each of the primary divisions has a large number of subsidiaries operating in nearly 190 countries in the world, both developed nations and underdeveloped nations. The global presence of the company is the basis of its competitiveness in the industry (Siemens, 2013c). Siemens has maintained organizational value on the grounds of quality standard of the products offered by the company, technological excellence of the production process, reliability and trust on the employees and its undeviating focus on international expansion. With expansion of business organizational structure had become complex due to long hierarchies and large number of corporate units under each of the five segments of the company. In the last decade, the company has come across a rough business terrain. During 2007 Siemens was accused of a huge bribery case. Corruption was rooted deep into the transactions of the company. This has given rise to considerable public scrutiny on the company and drew the company into controversies. It hampered the smooth functioning of the company which led the organizational leaders to adopt a major structural change in the organization. The new organizational structure has been aimed at making the organizational framework lean and flex ible. This paper presents a detailed study of the new organizational structure of the company and the positive and negative impacts this change has cast on the company’s strategic management, its corporate culture and functional aspects. Methodology This paper looks into the effects of organizational structural change on the management of the company and its long term performance. The study has focussed on the structural change made by Germany based multinational Siemens. This is a qualitative study made on information collected through review of existing literature as well as information available on company website. Only secondary sources of information have been used for this study. Sources of information include books, articles published in journals and working papers and online sources of information. The changes made in the organizational structure have been presented at first followed by the investigation of positive and negative aspects of these changes on different f actors affecting organizational performance. Main Findings Siemens has brought about major changes in the company and has adopted an altogether new structure. The management of the company has decided to maintain prime focus on three sectors. These are the industrial sector, the energy sector and the healthcare sector (Siemens, 2007). The company aims at staying close to the customers and acknowledge customers’ feedback at all levels of decision making of the company. The strategy focuses on

Comparitive politics Article Example | Topics and Well Written Essays - 750 words

Comparitive politics - Article Example Since North Korea has involved itself openly with the induction of nuclear weapons within its arsenal, the people living within the country are thought to be of evil nature and thus a sense of ethnic nationalism has come about with the passage of time as far as North Korea and North Koreans is concerned. Now the same could be avoided if the country faces these kinds of challenges in a head on manner and look to satisfy the world demands in a much more proactive manner than it is carrying out at the present. What this will do is to give a positive image to the world that North Korea is ready and geared up for the challenges ahead and there are not any ethnic nationalistic issues attached with the country in the long run. The challenges that globalization brings with it is that the localized flavor of the country or region is starting to get marred as more and more foreign outlets of expression, work and ethical values are initiating. What this is in essence doing is to pose a marked difference in the thinking mindsets of the people who are related with the globalization regimes as well as the ones who are being brought under the hold of the great globalization debate. China is one such example that has experienced the direct results of globalization since Chinese products have invaded the world markets by storm. They have targeted the South Asian countries in a very attacking manner and the result is that the Chinese authorities the reaping the rich dividends by going global rather than manufacturing for the local Chinese markets. This has opened up their revenue quarters and now the Chinese are thinking global more than ever before. (Kohler, 2003) They have nearly captured all the market domains wi thin South Asia through their strategic planning and it would not be wrong before they make their mark on the global front in a very attacking way. In the coming decades, globalization will shrink the world even further and there would be more opportunities to grow and explore what is on offer or sale for the different markets of the world. This is a fact that the new world order has brought with it and it is here to stay. Similarly, there has been a general perception that globalization means taking jobs away from a region. This is indeed true from a rational standpoint as when company shifts around 100 jobs to Indians, the same number of natives lose their jobs. The offshore movement of jobs has become an issue not only in travel but also in other industries. Two such nations which stand out in this scenario are India and the Philippines that appear to be the most popular locations for setting up call centers as these countries bid a lagoon of cultivated, scholarly English-speaking personnel who will do the same amount of work for much less money. References KOHLER, Horst. (2003). The Challenges of Globalization and the Role of the IMF. International Monetary Fund Word Count: