Structural consideration strategy to realize growth

Assignment Help Business Management
Reference no: EM1334599

Evaluate alternatives your organization must consider to realize growth. Recommend a single strategy that the organization might implement. Explain key success factors for monitoring strategy implementation.

Structural Consideration Strategy to Realize Growth

For Herbalife International of America, Incorporate one strategy that has been used over the past years has been one of a structural consideration nature. Within this strategy, Herbalife has taken the functional structural approach, which encompasses aligning the advantages of specialized work tasks; structuring the organization into interconnected units, such as human resources, operations, finance, sales and communication, warehouse, and numerous other specialized departments to focus strictly on duties that enhance the organization and offer a business model of expertise for the tasks that are required of each division. There is strength in allowing each area to specializing in tasks, and not crossover until the bigger picture is presented. This strategy assists in the realization of growth in that each unit is responsible for the success of its own productivity levels, and held accountable for the overall contribution to the growth of the organization.; acting as one unit of the organization to strive in its own strengths, but contributing as an entity to complete the overall agenda of corporate growth. Strategic plans are established by the Board of Directors and the Chief Executive Officer, and passed down to the executive management team to devise a plan of implementation to accomplish growth objectives.

In today's economic crisis, Herbalife is not only challenged with realizing growth opportunities, it is also challenged with the acknowledgement of preventing the loss of potential growth opportunities. Structural considerations for internal realignment are often presented when organizations are challenged by the world's economic decline. It is recommended that Herbalife consistently evaluate the internal structure to alleviate and or merge divisions that can benefit from shared knowledge and shared tasks. As companies downside and seek growth opportunities, internal realignment is often necessary to assure that business functions operate at peak performance, and overhead costs are either reduced or at best eliminated.

Reference no: EM1334599

Questions Cloud

High priority on paid time off : Why do employees today place such a high priority on paid time off and Do you feel that companies are fair in their offerings for vacation/personl/sick time? Why or why not?
Illustrate what economic policy should be adopted : Illustrate what economic policy should be adopted by regions with persistent economic problems.
Explain linear programming model for bicycle manufacturer : Explain Linear programming model for bicycle manufacturer and Write down the optimization statement for the objective function
About rule 1.6 : What does Rule 1.6 prohibit or require, exactly?
Structural consideration strategy to realize growth : Evaluate alternatives your organization must consider to realize growth. Recommend a single strategy that the organization might implement. Explain key success factors for monitoring strategy implementation.
Problem formulation and identification styles : Compare and constrast problem formulation and identification styles - How can I investigate and observe the decision making processes in a telecom vendor such as Motorola and Cisco?
My scenario is where i am going to open restaurants in china : My scenario is where I am going to open restaurants in China. One in Shanghai & one Beijing.
How can co-operation and trust be fostered : How can co-operation and trust be fostered between partners in the supply chain? Please discuss in context of a industry.Backup your write up with real life situation from well know companies.
Express the concept and process of data binding : define the concept and process of Data Binding. Include an example of statements that would be used to create a Binding object. Explain the components and effects of your sample statement. Describe how to add, change, and delete records using boun..

Reviews

Write a Review

 

Business Management Questions & Answers

  Discuss your project strategic plan

Discuss your project strategic plan to further refine it by comparing and contrasting various implementation strategies for operations management.

  System of inquiry-power point presentation

Develop a system of inquiry to be employed in evaluating decision-making, problem solving, and behavior in a business setting.

  The fundamental principles of learning

Write the  fundamental principles of learning and explain  how are they involved in organizations?

  Organizational culture and business ethics

Describe how the peer-reviewed journal article is significant to our understanding of business ethics. Summarize the article and describe the relevance of article to business ethics (why does this article matter)?

  Question about product idea

Using the compaq computer can you go more in detail with some additional information to apply to  following three questions. About 450-500 words. Original only please

  Analyze relevant leadership concerns for global future

This paper delivers an opportunity to analyze relevant leadership concerns for an increasingly global future as well as commit to an emerging leadership theory that is appropriate to guide enactment of the leadership agenda

  Code of conduct or ethics address risks such as bribery

How does toyota's code of conduct or ethics address risks such as bribery and corruption? Does toyota code specifically for Singapore or is the code the same for all the countries in which it operates

  Quantitative and mixed methods approaches

Toward that end one valuable exercise involves returning to the triumvirate of quantitative, qualitative and mixed methods approaches and creating hypotheses as well as descriptive questions accordingly

  Explain the main characteristics of the formal organisation

Explain the main characteristics of the formal and the informal organisation. What functions are served by the informal organisation? Support your answer with an organisation of your choice

  Theories of supply and demand for regulation

Environmental Protection Agency (EPA) regulations tend to go through many stages of review and approval before they are implemented-Describe these complicated procedures in light of the theories of supply and demand for regulation.

  Explain business process management

Business process management (BPM) and enterprise resource planning (ERP) systems

  Differentiating leader pricing and bait pricing

What is the difference between leader pricing and bait pricing? What do they have in common?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd