Common Threats to an Organization
February 12, 2025
Mintzberg and Quin (1991) proposed 4 broad situational factors which can influence the extent to which an organization can change. These factors are organizational age and size, the technical systems of the organization, organizational environment and the nature of control exerted from various sources. Organizational Age and Size: This is one of the most important […]
Technology has disrupted the entire business world and the field of risk management is no exception. All across the world, companies have been spending millions of dollars in order to upgrade themselves and use technology in a manner that helps them minimize risks. There are several advantages to this approach which we already studied in […]
Power has been an important aspect of human civilization since time immemorial. Power might be physical, political or social. In the context of business as well, power dynamics tend to influence decisions and people transactions heavily. So defining power can be difficult as it is understood and interpreted in several ways however power can definitely […]
It is rightly said that “a man is known by his dress and address”. Donning the right business attire will not only help you make a mark of your own but also climb the success ladder in the shortest possible time span. Do not just pull out anything from your wardrobe and wear it to […]
When credit default swaps first found their way into the global market, they were hailed as being a great invention. After all, they helped isolate the credit risk and helped investors use leverage to maximize their returns. It seemed like the most sensible thing to do and the end result seemed like a win-win deal […]
Organizational structure is the driving force behind the performance and growth of the organization.
For an organization to achieve success and competitive advantage, it is highly important that there should be complete alignment between the organizational structure and the strategic goals of the organization.
A properly coordinated organizational structure improves the flow of information and communication within the organisation.
Generally, changes in different aspects like political, cultural, competitive, market, technologies, business requirements, resources, regulations, business goals, organic growth, leadership changes, mergers and acquisitions, etc. may trigger the need to redesign the structure of the organization.
The organization’s structure should fit properly with the changing needs and objectives of the organization, and the market conditions as well, to maintain its efficiency in the long run.
An obsolete organizational structure results in:
Therefore, for an organization it is very important to revise and update its structure to maintain its purpose and functionality. Further, redesigning organizational structure helps in improving internal processes and employee engagement, thereby, favourably affecting the financial performance and competitive position of the organization.
Organisational structure redesigning involves alignment of the organizational structure to the business strategies by providing appropriately redesigned model for the existing structure, implementing the new structure, and necessary strategies for downsizing or related changes in the structure.
An HR Consulting Firm can diligently perform the task of analyzing and redesigning the structure of the organisation in accordance with the strategic goals, objectives and mission of the organization.
While performing the task of organizational structuring, HR Consultants should consider following issues:
The process of organizational structuring involves following comprehensive stages:
Thus, HR Consultants can facilitate in the development and designing of an effective organizational structure which optimizes the resource utilization and promotes growth of the organization.
Your email address will not be published. Required fields are marked *