This is a Management report aimed at Wimpole Ltd as part of its structural change and leadership orientation to meet the challenges arising out of the current economic slowdown. This report considers the options available before the board and suggests ways and methods of…
The idea behind this consultant report is to suggest methods wherein the company can be made profitable to meet the challenges posed by the current downturn. The recommendations that we as consultants have given can be divided into the following categories as outlined in the subsequent sections.
First, the idea is to structure the company along product lines instead of the current structure where each of the verticals would have a separate department instead of along functional lines. The current division is based on functional lines wherein the sales department is separate and the insurance department is separate. The current structure lends itself to unnecessary redundancy and according to the theory (Miles, 1978); division along product lines is any day better than division along functional lines. If the company adopts this method, the divisions would be along verticals instead of the horizontal division currently in place.
This movement towards product lines is appropriate because the people in one product line would be motivated more to perform and function rather than people in different functions working separately. This makes eminent business sense as the people in different departments that are current existing can get together and plan for their sales and marketing strategies as a means of achieving their targets. The appropriate theories of leadership that can be applied here are the Theory X and the Theory Y which state that a leader can apply these two competing visions of leadership to get the work done .(Mullins, 2008)
As part of the division of the company along vertical product lines, it is necessary to structure the company in such a way that the board members are also structured along the product line strategy and that they operate within the structures prescribed in this management report. This division of the company along product lines makes for eminent business sense and hence they can work for the betterment of the company.
According to ...
Cite this document
(“Case study Essay Example | Topics and Well Written Essays - 1500 words - 8”, n.d.)
Retrieved from https://studentshare.net/miscellaneous/393002-case-study
(Case Study Essay Example | Topics and Well Written Essays - 1500 Words - 8)
“Case Study Essay Example | Topics and Well Written Essays - 1500 Words - 8”, n.d. https://studentshare.net/miscellaneous/393002-case-study.
percent, but a politically inexperienced governor feels that it is necessary to eliminate these programs thought it is necessary to eliminate the programs. Being the prisons director, I decided to give my response to the inexperienced governor that explains why the policies
Today, the meaning of propaganda is used comprehensively to connote public relations. The government uses mass relations to disseminate accurate information on policies and their adversaries. The two frequent features that presented propaganda’s new possibilities were mass
The amount of organizational takeovers and company mergers has been considered a standard of measure of the level of economic development. In most cases, company takeovers have been associated with incidents
sively become more complicated, labor shortages will become evident in most of the mature industries and companies especially in the developed countries. At the same time, a more than needed number of employees with skilled talent are likely to be seen in other areas and
A company should embrace technology in handling production process.
Bella India has skilled personnel as evidenced in the way management tackles technical issues such as reduction in transitional time between St Louis and
1 Pages(250 words)Essay
GOT A TRICKY QUESTION? RECEIVE AN ANSWER FROM STUDENTS LIKE YOU!
Let us find you another Essay on topic Case study for FREE!