Questions Essay Example | Topics and Well Written Essays - 750 words - 3

Questions - Essay Example Policies of the Company were framed from the head office which did not allow for the tailoring of policies to suit the needs of the local regional markets. The framing of decisions from the head office also made the operations of the Company more bureaucratic and customers were less efficiently served. Hence, this decision making framework was not appropriate to serve the complexities of the international environment. The Company has recently recognized this and has reorganized its structure by establishing a regional structure to bring decision making closer to its clients. The decision making structure has been reorganized to give greater decision making power to regional heads. This allows greater client focus and to achieve global product excellence. It allows managers to be receptive to the needs of the regional economies and helps to make the organization leaner and more efficient. The Company has taken steps to reduce the complexity of its business operations and reorganized its internal structure to adapt to its external environment. 2. Hickson et al (1971) have proposed the strategic contingencies theory of intra organizational power. This theory suggests that the extent of power of sub units will be determined by the extent of power they have over contingencies. Every organization is riddled with uncertainties about future events due to the lack of available information. The ability of the subunits to cope effectively with these uncertainties and reduce their impact for other sub units will determine the extent of intra organizational power that they have. When a subunit’s work is linked more pervasively to others in the organization, and when the sub unit is able to respond immediately and affect the activities of others in the organization, it is likely to enjoy a greater power than the other sub-units. In my organization which is a banking conglomerate,