Organizational Structure and Design (TATA STEEL) BM 201 Course Project Submitted By Amberdeep Chugh 10111005 Anuj Paliwal 10111007 Chirag Jain 10111010 Mit Kotecha 10111020 Naveen Nagar 10111025 (Btech 2nd Year, Dept Of Biotechnology, IIT Roorkee) WHAT IS AN ORGANIZATIONAL STRUCTURE? An organizational structure consists of activities such as task allocation, coordination and supervision, which are directed towards the achievement of organizational aims.[1] It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment. Organizational structure allows the expressed allocation of responsibilities for different functions and processes to different entities such as the …show more content…
There can be more than one chief in a department depending upon the number of line of the products. This is seen in the Long Products Departments. The Chiefs are also accompanied by the Heads in some of the departments. Under these Chiefs and Heads, we have the various Sectional Heads who are the Unit Leaders, the Managers or the Officers. This structure is prevalent in the entire organization on a national scale. In the Finance and Accounts Department of Tata Center, Kolkata, the functions are handled by the Head of Marketing and Finance. Then, there are the various Manager Accounts who handle the different aspects of the department. Under these Managers are the officers who carry out the actual accounting work of the department. CURRENT MEMBERS OF THE OFFICIAL BOARD:- Chairman Of the board : Ratan Tata Vice chairman of the board : B.muthuraman Board of directors : Jacques schraven : Andrew robb : Ishaat hussain : Suresh Krishna : Nusli wadia : Sam palia : Subodh Bhargava Managing director : H.Nerurkar Vice Presidents : Radhakrishnan Nair : Vivek Karma :Sanjiv Paul :Varun Jha :Abanindra Mishra :Bimlendra Jha : Hridayeshwar Jha : Anand Sen : Partha Sengupta : T.Narendran Company secretary : A. Anjeneyan CFO Group director : Koushik Chatterjee : Sandip biswas Work specialization Work specialization means the degree to which tasks in the organization are divided into separate jobs with each step
When an organization grows beyond the smallest operation, management divides work vertically, as those at the top delegate more of their work to those below them. The vertical hierarchy establishes what decisions people at each level can make. Centralization is when those at the top make most decisions,
Organizational structure refers to the way that an organization arranges people and jobs so that its work can be performed and its goals can be met. According to USA their structure states in order to provide clear alignment and focus for the planning process of USAA’s organizational structure, a planning team was assembled with strategic-thought leaders to author a strategic market outlook.
Organizational structure indicates the company's formal reporting relationships, procedures, controls and authority, & decisions making process. An organisation's strategy is its plan for the whole business that sets out how the organisation will use its major resources. An organisation's structure is the way the pieces of the business fit together internally. It also covers the links with external factors such as partners and other parties. For the company to deliver its plans, the component of the structure must cooperate with each other
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The structure of an organization is very important because it determines the different roles and how all the departments perform. The organizational structure consists of a group of people that works together to achieve the goals that are implemented.
Types of organizational structure: defines how activities such as task allocation, coordination and supervision are directed toward the achievement of organizational aims.
An organizational structure is a framework set for certain activities at the work place like coordination of activities, supervision of employees and task allocation to be organised (Mills, 2005).
The organization structure is a framework of roles, responsibilities, authority and communication relationships that are deliberately designed to accomplish an organization’s tasks and achieve its objectives. A lack of organizational structure means that developmental projects and administrative responsibilities are often neglected.
Organizational structure is a system that consists of explicit and implicit institutional rules and policies designed to outline how various work roles and responsibilities are delegated, controlled and coordinated. Organizational structure also determines how information flows from level to level within the company (investopedia.com, 2017). If one level or department does not undertake its function accurately the entire business suffers, because all the departments interrelated to each other. There are generally four types of organizational structure:
Organizational structure is a formal relationship between management and the employees. It is a way to motivate the employees and get them to working. It is also away to get employees to follow the company goals, and work together as a team. To make an organization work they need to have an organized structure to be able to run the company. The mission
as everyone was going off in their own direction under JRD Tata. J.J Irani, MD, Tata Steel
* Timothy D. Cook, Chief Operating Officer, formerly served as Exec VP of Worldwide Sales and Operations along with other Vice President positions held at Apple. Prior positions held were with Compaq and IBM. Mr. Cook is a member of the board of directors at Nike, Inc.
2.1 It is known that the current chairman of Tata Group, Ratan Tata is close to stepping down from his position and retiring. With this, comes the challenge of identifying a suitable and qualified
Organisational Structure – It is a structure which is used to elaborate ranking in an organisation. It is also define as an organizational structure which defines how activities such as task portion, division and guidance are directed towards the achievement of organizational purposes.
Organizational structure is a system that consists of explicit and implicit institutional rules and policies designed to outline how various work roles and responsibilities are delegated, controlled and coordinated. (Investopedia, 2017) , It determines the guidelines of activities such as task distribution, coordination, and supervision to reach and achieve organizational objectives. The organization can be structured in various ways, depending on its objectives.