Case Study on Prada Plc Assignment
9 Pages2364 Words345 Views
Added on 2021-02-22
Case Study on Prada Plc Assignment
Added on 2021-02-22
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The relationship betweenstructure, culture, people andorganisation performance atthe Organisation Prada
Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY ..................................................................................................................................1Relationship between structure, culture, people and organizational performance......................1Managerial functions and processes............................................................................................2Role of Leadership......................................................................................................................3Variables that determines effective management and leadership...............................................4Behavioural approach to management........................................................................................5CONCLUSION................................................................................................................................5
INTRODUCTIONOrganizational structure, culture and people all together combined plays an importantrole in the effective performance of the organization. In simple words structure and culture aremainly responsible for better performance of the organization and leading towards the growth ofbusiness. This report is based Prada Plc an Italian Luxury fashion company that deals in Leatherhandbags, Shoes, perfumes, clothing and other fashion accessories The company operates in 618boutiques worldwide and has the revenue of US $3.91 billion. Prada Consists of 12,414employees working under it. This report will highlight the relationship between structure,culture, people and organizational performance. The report will include Managerial Functionsand processes along with the role of leadership in the organization. Further the report willinclude the variables that determines the effective management and leadership and will also statethe behavioural approach to the management of the organization.MAIN BODY Relationship between structure, culture, people and organizational performance.Organization structure- It is a type of system that determines the flow of activities andinformation and their direction in order to attain the goals and objectives of the organization. Itdefines the levels of hierarchy within the organization along with defining the roles andresponsibilities of every employee of the company(Lăzăroiu, 2015). Prada Company followsfunctional structure that includes higher ranking executives at top with multiple middle levelmanagers.Organization culture- Organizational culture refers to the defined values, beliefs,assumptions and the ways of interacting of the people that forms up a unique psychologicalenvironment in the organization(Miner, 2015). Prada company follows Adhocracy culture in itsworking environment that includes creative working as per the changing dynamics of fashiontrends. It includes combine working of the skilled craftsman along with the designers andmanufacturers of the product.People- Prada Group consists of 12,414 employees working in the different locations ofthe company. It includes the group of designers, managers, retail managers, manufacturing staffsand other lower level executives as a part of Prada company.1
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