Monday, May 6, 2019

Organizational structure Essay Example | Topics and Well Written Essays - 1000 words

Organizational mental synthesis - Essay ExampleTherefore, organizational structure is beneficial to organizations because it guides the representation of organizational power, roles and responsibilities. In addition, it monitors and controls the flow of information among diverse management levels at bottom an organization (Cassia, Paleari & Redondi, 2005). Most organizations bestial structures on objectives and approaches for attaining them. For example, the top management individuals in an organization make decisions, and there is strict control within dissimilar departments in an organization. Finally, organizations should create appropriate organizational structures, since such models unite and direct employees (Cassia, Paleari & Redondi, 2005). Describe the organizational structure of your selected organization, compare and contrast that structure with two different organizational structures In this research, I provide discuss the organizational structure of transnationa l Monetary Fund (IMF) organization. IMF is an inter-governmental entity that offers policy advices and finances to members facing stinting problems. It also collaborates with upcoming nations to assist them attain macroeconomic benefits to lessen poverty levels. IMF activities initiated in 1945 and presently, it associates with 185 countries. The organizational structure of IMF has a governing body that consists of the Board of Governors. Every member state has a Board of Governors that is conduct by a governor, who most of the time is a countrys finance minister or the central bank. Additionally, the organization has an executive facet that is composed of 24 elected and appointed executive directors. The executive lineup performs business operations in the organization (Hawkin, 2006). The board of governors performs its duties through two committees, which include the International Monetary and Financial Committee together with the Development Committee. These committees speciali ze in advising staffs and reporting different functions to the board of governors (Hawkin, 2006). They also monitor the processes involved in the administration and adaption of international monetary and fiscal systems. The organization entails a collaborative committee with The Board of Governor members from World Bank and IMF who controls development processes. These include storage allocation of resources to upcoming countries. Importantly, the IMF has a managing director who supervises and chairs the executive board (Hawkin, 2006). The IMF Board of Governors has all organizational powers, which are applicable to all constituents in 185 countries. Each representative state has one principle governor and an otherwise pick governor, who controls the organization when the principle governor is absent. The organization has an executive board with 24 directors who supervise general silver within IMF as delegated by the Board of Governors. The regions with leading quotas appoint fiv e directors of the executive board and other regional groups appoint the remaining 19 directors. The chief administrator the IMF is the presiding officer of Executive board. The executive board of IMF elects the managing director whose responsibility is to carry out regular businesses within the organization. Furthermore, she chairs executive directors meetings for 5 years. The IMF consists of 2,650 personnel in 185 countries (Hawkin, 2006). Initially, I will evaluate and contrast the organizational structure of IMF and Google

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