The company that I am doing is ConjuChem Biotechnologies. After looking at the company organizational structure at http://www.theofficialboard.com/org-chart/conjuchem-biotechnologies and comparing it to the 10 diagrams in the PowerPoint that Mr Opfer sent to us, I believe that this company is a centralized or entrepreneurial company.
The ‘center’ of this company consists of 5 directors, 1 CEO and 1 Chairman. This means that this company is centralized as these 7 people have a lot of responsibility and authority. This team of 7 people makes the vast majority of the decisions and is in charge of bureaucracy. They delegate jobs to the heads of the 4 departments (the CFO, the head of Research and Development, the head Secretary and the head of the Legal department). However, the CEO is directly their superior, so he commands them all and has a high span of control. Not only that, but he also has a high level of accountability. If some goes wrong, he will have the bulk of the blame for making the wrong decision.
This company is a flat company, with an assumed number of 3 levels of hierarchy (the website only shows 2 levels, but I highly doubt that the head of the departments do much of the work). This means that there is a high level of empowerment as there aren’t many managers to direct the employees.
Thursday, November 5, 2009
Thursday, September 17, 2009
Disney + Marvel? =O
1. Includes a link to the article.
http://www.economist.com/businessfinance/displayStory.cfm?story_id=14376422
2. Includes a short summary of the article.
Walt Disney buys Marvel Entertainment for $4 billion in what they will hope will be a successful merger of their companies. Disney hopes to have 'something for everyone' and attract new customers with their new addition of Marvel characters.
3. Identifies the topic(s) from our syllabus that the article covers.
1.7 Growth and Evolution
4. Applies one business tool/theory/technique to the organization.
1.7 Growth and Evolution
Walt Disney had just brought Marvel Entertainment for $4 billion on August 31st. This merger was a good move as mentioned in the article (“Marrying Marvel’s characters with Disney’s talent for making money from successful franchises is a good idea”), but I personally believe that it is too late a move. In my opinion, Disney should have merged with Marvel Entertainment at an earlier date when comic-book movies were initially on the rise.
However, by buying Marvel Entertainment, Disney is saying that it is interested in having access to Marvel’s stash of 5,000 established characters, a good reason for the merger since it will now allow them to attract more age groups (especially the pre-teen and teen boys) and thus expand financially. Disney now has the right to use these characters as they wish. Not only that, but by buying out another entertainment company, Disney will eliminate competition (it already has Pixar joined with it).
Like Stan Lee says in the article, "the Disney-Marvel merger will prove “a terrific deal which will be extremely beneficial to both companies. The synergy between them is perfect.”"
http://www.economist.com/businessfinance/displayStory.cfm?story_id=14376422
2. Includes a short summary of the article.
Walt Disney buys Marvel Entertainment for $4 billion in what they will hope will be a successful merger of their companies. Disney hopes to have 'something for everyone' and attract new customers with their new addition of Marvel characters.
3. Identifies the topic(s) from our syllabus that the article covers.
1.7 Growth and Evolution
4. Applies one business tool/theory/technique to the organization.
1.7 Growth and Evolution
Walt Disney had just brought Marvel Entertainment for $4 billion on August 31st. This merger was a good move as mentioned in the article (“Marrying Marvel’s characters with Disney’s talent for making money from successful franchises is a good idea”), but I personally believe that it is too late a move. In my opinion, Disney should have merged with Marvel Entertainment at an earlier date when comic-book movies were initially on the rise.
However, by buying Marvel Entertainment, Disney is saying that it is interested in having access to Marvel’s stash of 5,000 established characters, a good reason for the merger since it will now allow them to attract more age groups (especially the pre-teen and teen boys) and thus expand financially. Disney now has the right to use these characters as they wish. Not only that, but by buying out another entertainment company, Disney will eliminate competition (it already has Pixar joined with it).
Like Stan Lee says in the article, "the Disney-Marvel merger will prove “a terrific deal which will be extremely beneficial to both companies. The synergy between them is perfect.”"
Subscribe to:
Comments (Atom)
