Board of Directors in Organization Article 2022

Part A- Review agency theory and resource dependency theory in regard to your (Amgen INC) organization. If you were designing the Board of Directors and Board of Advisors what types of expertise would you recommend for the board? If the composition of the board is available for your organization, would you make any changes? 300 words- APA Part B- Analyze the INTERNAL management and leadership of your (AMGEN INC) organization. Provide any findings with references that will be helpful to the group leader for this week. Your focus can be narrow or broad. Advise that your team leader for this section assign areas for group members to investigate based on the SWOT. For example you could focus on reviewing the leadership with the framework an article. Honeysett, J., & Metheny, R. (2012). The importance of matching talented leadership with the growth stage of your life-sciences company. Nature Biotechnology, 30(6), 563-565. doi:10.1038/nbt.2267. 300 Word Limit APA style In bo

Running head: MANAGEMENT
MANAGEMENT
Name of the Student
Name of the University
Author Note

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Part A
The board of directors are appointed in order to act on the behalf of the stakeholders to
help the business organization run its day to day affairs. The board of directors are thus known
for conducting meeting with the stakeholder annually to get a viewpoint what they think
regarding the business process. According to the author Yahaya & Ebrahim (2016) after few of
the researches initiated it has been found out that they have identified a link between the
corporate board and the firm performance. The board meetings are therefore considered to be
very important as because t helps the board of members to directly evaluate the future plans and
as well as develop various types of strategies to help increase the performance of the business.
According to the author Anderson & Sun (2017) other from the initial understanding
about key performances the board of directors are known for dealing with the financial issues,
issues relating to corporate governance, corporate social responsibilities and discuss the relevant
strategies for further improvement.
Regarding the primary expertise which are required in the board of directors for Amgen
INC are that they should be able to ensure effective communication skills with the stakeholders,
understand and take into account interest of the relevant stakeholders. Should be capable of
monitoring the relationship developed with the stakeholders. However they should also have the
quality of promoting goodwill to the stakeholders involved with the company. The secondary
expertise which are required in order to be a member of the board of directors are that they
should be able to delegate authority, manage things, monitor, evaluate and implement things to
brings changes in the organization. They should also ensure that the internal controls are
effective so as by determining that the internal controls are being monitored.

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If this type of board is available with the company then no further changes will be
required.
Part B
Internal management or internal control, is something which is defined by the
accountability, auditing as well as consists of other process which are required by the company
in order to ensure that it is running smoothly. The internal management of the company is known
for maintaining the effectiveness and the efficiency regarding the use of natural resources. The
intern management system of Amgen INC consist of a functional structure which consist a set of
procedures and performs related activities which aim to ensure that through the use of adequate
process of identification, measurement risks and monitoring process the company is going
through a correct management process with the employees. The internal management process of
the company mainly consist of a CEO at the top, board of directors are placed underneath it , the
top management operating in various branches of the company and then further gets divided in
various types of business leaders and team members or employees.
The internal management system of the company it can be said that it has the basic
compliance policy, compliance structure, customer service protection and risk management
structures which are known for crediting various types of risk measures.
Regarding the leadership skills of the company it can be said that the company is known
for following transformational leadership style. With the help of the transformational leadership
style it has been able to recognize that innovation comes from many sources so as by engaging
experts from the outside sources to use and theorize various types of concepts. The company has

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been using transformational leadership style in order to meet the target set by the board of
directors of the company.

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References
Anderson, M. H., & Sun, P. Y. (2017). Reviewing leadership styles: Overlaps and the need for a
new ‘full‐range’theory. International Journal of Management Reviews, 19(1), 76-96.
Yahaya, R., & Ebrahim, F. (2016). Leadership styles and organizational commitment: literature
review. Journal of Management Development.
Fiaz, M., Su, Q., & Saqib, A. (2017). Leadership styles and employees' motivation: Perspective
from an emerging economy. The Journal of Developing Areas, 51(4), 143-156.