Tuesday, October 15, 2019
The Organizational Development Practices Research Paper
The Organizational Development Practices - Research Paper Example The purpose of this paper to analyze the organizational development (OD) practices that can be implemented in Company A in order to turn the corporation around and help the company to begin earning profits again. Company A is a conglomerate multinational corporation in the retail industry that has been operating in the marketplace for over 50 years. The company prides itself in being a store that offers quality merchandise at reasonable prices that provide value to the customer base. The company has grown a lot during the last decade and has achieved international penetration in many locations including Hong Kong, London, and Paris among other prestigious locations. By choosing spots of high consumer traffic the firmââ¬â¢s sales have been very good during the last couple of years. The firm employees over 20,000 direct workers worldwide. The companyââ¬â¢s rapid expansion created a series of new issues and problems that must be attended in order to ensure the company continues to run a profitable operation for many years to come. The mission of the company is to provide its customer a great shopping experience in which they're able to select from a large variety of consumer goods at a price point that will attract interest from the customers while at the same time allowing the company to meet its sales quotas and revenue expectation and reaching their annual projected goals. Company A operates under a bureaucratic system due to a centralized decision making philosophy. The corporate headquarter of the company located in Los Angeles California is responsible for all strategic decisions the company implements. It also controls the internal functionality of the firm subsidiaries which results in the creation of a business entity that is slow to react to market changes. The corporate offices also have control over the internal human resources practices of all the independent firms.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.