management chapter 9 slide case study
TRANSCRIPT
-
8/10/2019 management chapter 9 slide case study
1/51
Welcome to our
presentation
-
8/10/2019 management chapter 9 slide case study
2/51
-
8/10/2019 management chapter 9 slide case study
3/51
Group Profile
01. Mobassira Fabiha Haque 20-024
02. Mohammad Atikur Rahman 20-100
03. Al-Faysal Bin Amin 20-168
04. M.Q.M. Siddiqui Proshun 20-202
05. Parbon Acharjee 20-212
-
8/10/2019 management chapter 9 slide case study
4/51
special thanks to
Jannatun Naym
Lecturer
Department of Finance
Faculty of Business StudiesUniversity of Dhaka
-
8/10/2019 management chapter 9 slide case study
5/51
Organizational
Structure and design
-
8/10/2019 management chapter 9 slide case study
6/51
Parbon Acharjee
ID No.: 20-212
-
8/10/2019 management chapter 9 slide case study
7/51
Pfizer Headquarter
-
8/10/2019 management chapter 9 slide case study
8/51
Company Profile...
Type Public
Industry Pharmaceutical
Founded 1849
Headquarters New York City US
Area served Worldwide
Key people Ian Read, (President and CEO)
Employees 78,000 (2013)
-
8/10/2019 management chapter 9 slide case study
9/51
Concerned Medical
Disciplines.
Immunology,
Oncology,
Cardiology,
Dialectology/Endocrinology
Neurology.
-
8/10/2019 management chapter 9 slide case study
10/51
proDucts so far
Lipitor
Lyrica
Advil Zithromax
Viagra
Celebrex/Celebra Centrum etc.
-
8/10/2019 management chapter 9 slide case study
11/51
the history makers..
Pfizer was founded by cousins Charles Pfizer and
Charles Erhart in New York City in 1849 as amanufacturer of fine chemicals.
-
8/10/2019 management chapter 9 slide case study
12/51
the offices.Apart from the main headquarter in NY, Pfizer has many
other offices in California, Colorado, Georgia,
Massachusetts, Michigan etc.
-
8/10/2019 management chapter 9 slide case study
13/51
Bunch of acquisitions..
WarnerLambert(2000),
Pharmacia (2003) and
Wyeth in 2009. Listed on the New York Stock Exchange, and its
shares have been a component of the Dow Jones
Industrial Average since April 2004
-
8/10/2019 management chapter 9 slide case study
14/51
accorDing to the ceo.
Good health is vital to all of us, and finding
sustainable solutions to the most pressing health carechallenges of our world cannot wait. That's why we at
Pfizer are committed to applying science and our
global resources to improve health and well-being at
every stage of life.- Ian Read, CEO
-
8/10/2019 management chapter 9 slide case study
15/51
What if..
-
8/10/2019 management chapter 9 slide case study
16/51
M.Q.M. Siddiqui Proshun
ID No.: 20-202
-
8/10/2019 management chapter 9 slide case study
17/51
just imagine..
-
8/10/2019 management chapter 9 slide case study
18/51
case stuDy..
Internal studies of Pfizer pharmaceutical company hadshown that that 20 to 40 percent of the valuable time of
the experienced employees was used to waste on menialtasks. To reduce thatJordan Cohen invented a way calledOOF(Office of the Future).Now Pfizers employees canclick the OOF button in Microsoft Outlook and they are
connected to an outsourcing company where a singleworker receives and assigns those menial tasks to a team.
-
8/10/2019 management chapter 9 slide case study
19/51
Case Study Contd
The Other End of The Magic Button
Origin of OOFBenefits of OOF
OOFing companies at present
-
8/10/2019 management chapter 9 slide case study
20/51
Time for the description
and evaluation what
pfizer is Doing.
-
8/10/2019 management chapter 9 slide case study
21/51
Mohammad Atikur Rahman
ID No.: 20-100
-
8/10/2019 management chapter 9 slide case study
22/51
case 1..
Describe and evaluatewhat Pfizer is doing?
-
8/10/2019 management chapter 9 slide case study
23/51
Structure Type: BoundarylessNetwork organization
-Considering the dynamic and fickle tendencies of organizationstodays managers mostly opt for Contemporary Organizational
Designs instead of the Traditional one.
-
8/10/2019 management chapter 9 slide case study
24/51
Organizational Design
Classification..
OrganizationalDesigns
Traditional
Simple Functional Divisional
Contemporary
Teamstructure
Matrixand
projectstructure
Boudarylessstructure
-
8/10/2019 management chapter 9 slide case study
25/51
Types of Boundaryless
organization..
BoundarylessOrganization
Virtual
Network
-
8/10/2019 management chapter 9 slide case study
26/51
case 2
What structural
implications-good and bad-
does this approach have?
In terms of six designing
elements)
-
8/10/2019 management chapter 9 slide case study
27/51
* Work Specialization
* Departmentalization
* Chain of command
* Span of control
* Centralization and decentralization
* Formalization
The 6 designing
elements..
-
8/10/2019 management chapter 9 slide case study
28/51
Now its time to analyze the
companys structuresgood sides and bad sides
on basis of these keyelements.
-
8/10/2019 management chapter 9 slide case study
29/51
Mobassira Fabiha Haque
ID No.: 20-024
-
8/10/2019 management chapter 9 slide case study
30/51
In Terms of six
organizational design
elements
-
8/10/2019 management chapter 9 slide case study
31/51
1.From work specialization
perspective:
Degree: Hyperspecialization
Good sides: opportunity to improve coordination and integration,
span organizational boundaries,
Bad sides: Little option to learn new things;
Repeated interaction with delegates.
-
8/10/2019 management chapter 9 slide case study
32/51
2.From departmentalization
perspective:
Departmentalization Form: Process departmentalization
Good sides: Employees can develop skills
Theres good coordination within the function
Bad sides: Lack of communication
Employees tend to become narrow specialists.
-
8/10/2019 management chapter 9 slide case study
33/51
3.From Chain of command
perspective:
Type: Clear chain of command
Good sides: Structured Grouping
Increased Efficiency
Bad sides:
Subordinates reluctance to report bad news to their superiors. Employees (farther down the chain) failure to understand the
policy or deprival of knowing them.
Scheduling conflicts
-
8/10/2019 management chapter 9 slide case study
34/51
4.From span of control
perspective:
Degree:Broad
Good sides: Staffs empowerment
Saves money
Less levels of communication
Bad sides: Managers may make snap decisions
Managers will have less time for planning.
Subordinates may make decisions they are not trained tomake.
-
8/10/2019 management chapter 9 slide case study
35/51
5.From Centralization
perspective:
Degree: More centralized
Good sides:
Reduced cost Uniformity in action
Personal leadership
Bad sides: Delay in work
Remote control
No loyalty
-
8/10/2019 management chapter 9 slide case study
36/51
6.From Formalization
perspective:
Degree: Low formalization
Good sides:
Flexibility at workplaces;
Employee friendly atmosphere
Bad sides:
Lack of accountability;
Lack of cautiousness;
Lack of obedience.
-
8/10/2019 management chapter 9 slide case study
37/51
case 3
Do you think this
arrangement would work
for other types of
organizations? Why or
why not?
-
8/10/2019 management chapter 9 slide case study
38/51
From Pfizers aspect.The network organization design used by Pfizer has helped to
balance recent layoffs the company experienced after a nearly
$4 billionyearly budget cut. According to managers in the
Fast Company article, the OOFhas cut some project costs by
100% .
-
8/10/2019 management chapter 9 slide case study
39/51
Network Organization in a
nutshell.
"Network Organization is where independent people and
groups act as independent nodes, link across boundaries, to
work together for a common purpose; it has multiple
leaders, lots of voluntary links and interacting levels.
- Lipnack and Stamps
-
8/10/2019 management chapter 9 slide case study
40/51
Advantages of Network
Organization:
Concentration on skills of employees
Being closer to the customer
Maximizing the knowledge
Minimizing disruption
Responsiveness and adaptiveness
-
8/10/2019 management chapter 9 slide case study
41/51
-
8/10/2019 management chapter 9 slide case study
42/51
Al-Faysal Bin Amin
ID No.: 20-168
-
8/10/2019 management chapter 9 slide case study
43/51
*Lack of physical location
*Lack of oversight to manage employees
*Increased occupational stress
*Dependency on technology
Disadvantages of network
organization
-
8/10/2019 management chapter 9 slide case study
44/51
Decision
Appropriate for organizations which ensures :Concentration on the skills of employees for achieving the
goal
Skilled employees with technological knowledgeCustomer satisfaction by providing instant support and
guidelines to customers.
Inappropriate for organizations which :
Lacks of skilled employees with technological know-howNeeds physical supervision of the managers to achieve the
goal
Provides less personnel cost
-
8/10/2019 management chapter 9 slide case study
45/51
case 4.
What role do you think
organizational structure
plays in an organizations
efficiency and effectiveness ?
-
8/10/2019 management chapter 9 slide case study
46/51
*Organizational Effectiveness is based on the integration
of the goals of the organization and the employees.
*Organizational Efficiencyis the ability to minimize the
use of resources in achieving organizational objectives.
-
8/10/2019 management chapter 9 slide case study
47/51
Organizational structure
Enables a company to function smoothly
To remain responsive to its internal and external
stakeholders
Adapt to changes in the marketplace
Promotes innovation.
RoleGoal Attainment
& EmployeeSatisfaction
Effectiveness
-
8/10/2019 management chapter 9 slide case study
48/51
Effective communication :
In emergency, utilizing the communication portion canmake sure important data is provided to decision
makers to keep company competitive.
Increasing customer service :
prevents customer service issues from getting bounced
from one person to another. This efficiency will help
increase customer retention and preserve repeat
business.
Keeping employees connected
keeps widely dispersed and mobile employees
connected to the organization.ORGANIZATIONAL STRUCTURE PLAYS ANIMPORTANT ROLE IN ACHIEVING EFFECTIVENSS
AND EFFIECIENCY OF AN ORGANIZATION
-
8/10/2019 management chapter 9 slide case study
49/51
Conclusion
-
8/10/2019 management chapter 9 slide case study
50/51
Any Queries??
-
8/10/2019 management chapter 9 slide case study
51/51
Thank you