This assessment analyzes the business of Vitaherb and its plans for expansion. It discusses the resources and processes needed for growth, as well as the organizational structure that will be followed. The assessment also considers the new processes and resources required by the business.
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Running head: UNDERSTANDING CONTEMPORARY ORGANIZATION Understanding Contemporary Organization Name of the Student: Name of the University: Author’s Note:
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1 UNDERSTANDING CONTEMPORARY ORGANIZATION Introduction The main purpose of the assessment is to analyze the business of Vitaherb which is engaged in the manufacture of natural medical products and it is regarded as one the leading companies which is engaged in Australia. The business offers a variety of products to the customers such as minerals, vitamins, body care products which are of the highest quality. The management of the company is trying to improve the organizational structure of the business and thereby also enhance the earning capacity of the business. Discussion The management of the company is planning to expand the operations of the business which also means that the process of sales and production would also be increasing. In addition to this, the management of the company would also be requiring staff support for the purpose of meeting the demand and profits of the business(Sirigiri 2018). The management of the company would be requiring appropriate resources for expanding the operations of the business and meeting the international demand for the product. Key Resources The management of the company would be needing to expand the scale of operations of the business in order to meet the demand of the organization. The resources which the business would be requiring are physical resources and human resources for the purpose of meeting the demand and expectations(Moran 2014). The management of the company would be requiring appropriate capital as well for the purpose of financing the activities of the business. Physical Resources
2 UNDERSTANDING CONTEMPORARY ORGANIZATION The physical resources of the business are considered to be important aspects and they directly contribute to the production process of the business. The physical resources which would be required by the management of the company needs to be appropriate. As the business model of the company is to follow a low-cost model, the management of the company appropriately wants to reduce the costs of operations(Jones and Jones 2013). The products which is being considered by the management of the company is medical in nature and therefore would be requiring appropriate material for the same. Human Resources The management of the company would be requiring human resources as well for supporting the operations of the business. As per current estimates, the management of the company has currently employed around 1000 staff members but the same would be required to increase in order to meet the current for the product and also for the purpose of supporting the extra production process. The management of the company need to train the employee of the business within the employee training program so that skills can be developed of the employees of the business. The management of the company needs to select employees for the purpose of recruitment on the basis of the skills of the employees of the business(Wiewiora et al. 2013). The recruitment of the employee of the business would be done by the human resources management. The management of the company needs to focus on quality of the products which is being offered by the business in order to ensure that the customers are satisfied with the products of the business(Chance 2013). The products which is offered by the business are appropriate for which the management of the company would also be requiring appropriate capital.
3 UNDERSTANDING CONTEMPORARY ORGANIZATION Process of Organization needs ThemanagementofthecompanyhasdecidedtofollowaFunctionalsystemof organizational management so that appropriate leadership is in place in the management of the company.In this structure which is followed by the management of the company, each department is headed by a senior management executive and all the major decisions are implemented by such senior executive after consulting the CEO and board of directors of the business. Every employee would be working together in a group which would be headed by a supervisor.This organizational structure would help the management of the company to take appropriate decisions and would ensure there is a unity of direction and command in the business.In addition to this, the management of the company following functional organizational structure would be able to ensure that there is specialization in each area of operations of the business.This would enhance the efficiency of the business as well as contribute to better management system for the business. All the major decisions would be taken by the CEO of the business and the same needs to be implemented in the business.
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4 UNDERSTANDING CONTEMPORARY ORGANIZATION Chief Executive Officer Financial ManagerTechnical ManagerHuman Resource Manager Administration manager Senior ManagerSenior ManagerSenior ManagerSenior Manager StaffStaffStaffStaff StaffStaffStaffStaff StaffStaffStaffStaff The above figure shows the organization would be following the functional model for managing the operations of the business(Daft 2015).The model would ensure that effective communication is maintained in the business as each head of operations would be handling their own tasks in pursuance of the common goals and objectives of the business. The management of the company can apply budgeting process for effectively forecasting all the expenses and revenue which can be generated by the business and also for planning different activities of the business. The budgets which is prepared by the management of the company can
5 UNDERSTANDING CONTEMPORARY ORGANIZATION be used for the purpose of controlling the operations of the business.The management of the Vitaherb can effectively follow cost reduction model with the help of budgeting techniques. The resources and processes would be managed by the senior managers who would be following the budgets which is formulated by the management of the company for the purpose of controlling the operational process of the business. The senior managers would be appointing a supervisor for each department who would be given the responsibility of communicating with the staff members and would be acting as a bridge between the staff members and the management. It is also to be that the supervisor would also be communicating all the decisions of the senior management to the staff members in order to ensure that there is a perfect flow of command in the business. Conclusion The above discussion effectively shows that the business of Vitaherb is planning to expand the operations of the business. The management would be required to enhance the scale of operations and would also be requiring both physical and human capital for the purpose of attaining its goals. The analysis shows the organizational structure which would be followed by the management of the company in pursuance of the goals of the business. The assessment would also be considering the new processes and resources which would be required by the business.
6 UNDERSTANDING CONTEMPORARY ORGANIZATION Reference Chance, P., 2013.Introduction to educational leadership & organizational behavior. Routledge. Daft, R.L., 2015.Organization theory and design. Cengage learning. Jones, G.R. and Jones, G.R., 2013.Organizational theory, design, and change. Upper Saddle River, NJ: Pearson. Moran, D.A., 2014.Organizational culture and generation cohorts: A comparative analysis between a public and private organization. The University of Texas-Pan American. Sirigiri, A., 2018, June. Start-up to Scale-up: Role of Organizational Structure. InAcademy of Management Proceedings(Vol. 2018, No. 1, p. 17914). Briarcliff Manor, NY 10510: Academy of Management. Wiewiora, A., Trigunarsyah, B., Murphy, G. and Coffey, V., 2013. Organizational culture and willingnesstoshareknowledge:AcompetingvaluesperspectiveinAustralian context.International Journal of Project Management,31(8), pp.1163-1174.