management chapter 9 slide case study

8/10/2019 management chapter 9 slide case study

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Welcome to our

presentation


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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


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special thanks to

Jannatun Naym

Lecturer

Department of Finance

Faculty of Business StudiesUniversity of Dhaka


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Organizational

Structure and design


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Parbon Acharjee

ID No.: 20-212


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Pfizer Headquarter


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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)


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Concerned Medical

Disciplines.

Immunology,

Oncology,

Cardiology,

Dialectology/Endocrinology

Neurology.


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proDucts so far

Lipitor

Lyrica

Advil Zithromax

Viagra

Celebrex/Celebra Centrum etc.


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the history makers..

Pfizer was founded by cousins Charles Pfizer and

Charles Erhart in New York City in 1849 as amanufacturer of fine chemicals.


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the offices.Apart from the main headquarter in NY, Pfizer has many

other offices in California, Colorado, Georgia,

Massachusetts, Michigan etc.


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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


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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


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What if..


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M.Q.M. Siddiqui Proshun

ID No.: 20-202


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just imagine..


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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.


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Case Study Contd

The Other End of The Magic Button

Origin of OOFBenefits of OOF

OOFing companies at present


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Time for the description

and evaluation what

pfizer is Doing.


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Mohammad Atikur Rahman

ID No.: 20-100


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case 1..

Describe and evaluatewhat Pfizer is doing?


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Structure Type: BoundarylessNetwork organization

-Considering the dynamic and fickle tendencies of organizationstodays managers mostly opt for Contemporary Organizational

Designs instead of the Traditional one.


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Organizational Design

Classification..

OrganizationalDesigns

Traditional

Simple Functional Divisional

Contemporary

Teamstructure

Matrixand

projectstructure

Boudarylessstructure


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Types of Boundaryless

organization..

BoundarylessOrganization

Virtual

Network


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case 2

What structural

implications-good and bad-

does this approach have?

In terms of six designing

elements)


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* Work Specialization

* Departmentalization

* Chain of command

* Span of control

* Centralization and decentralization

* Formalization

The 6 designing

elements..


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Now its time to analyze the

companys structuresgood sides and bad sides

on basis of these keyelements.


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Mobassira Fabiha Haque

ID No.: 20-024


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In Terms of six

organizational design

elements


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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.


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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.


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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


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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.


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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


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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.


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case 3

Do you think this

arrangement would work

for other types of

organizations? Why or

why not?


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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% .


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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


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Advantages of Network

Organization:

Concentration on skills of employees

Being closer to the customer

Maximizing the knowledge

Minimizing disruption

Responsiveness and adaptiveness


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Al-Faysal Bin Amin

ID No.: 20-168


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*Lack of physical location

*Lack of oversight to manage employees

*Increased occupational stress

*Dependency on technology

Disadvantages of network

organization


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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


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case 4.

What role do you think

organizational structure

plays in an organizations

efficiency and effectiveness ?


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*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.


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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


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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


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Conclusion


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Any Queries??


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Thank you

management chapter 9 slide case study

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