Foundation Business Management Essay Example | Topics and Well Written Essays - 1000 words

Foundation Business Management - Essay Example These leaders create a winning field through effective planning, decision making and team working thereby rendering productivity in each of the different business units of the company. Thus McDonald’s works on the management model of employee empowerment in empowering the individuals to take business and customer servicing decisions on their own (Daft and Marcic 441). Management Structure The organizational or management structure of the firm reflected large amount of decentralization which is focused in the Organic Approach. The organic approach reflects that organizations working in a decentralized fashion turns all the more complex in nature. It is observed that McDonald’s through the decentralized approach helped the individual business units to become business leaders on their own. These units spread along various regions of the world need to be managed in an integrated fashion by the central head quarters of the company. These units also differentiated largely bas ed on varying tastes and cultures and hence needed to mutually adjust their needs so as to fit the corporate culture of the business organization. Henceforth it is observed that the organic structure of McDonald’s is highly complex and decentralized in fashion. Further the units in such management structure become highly differentiated and thus needs to be closely integrated with the corporate philosophy (Hill and Jones, 427). Culture of the Company The culture of McDonald’s are composed of a diversified variety of people belonging to different regions of the world. Diversified organizational culture also emanates owing to the varying tastes of the consumers pertaining to such regions. The company in order to address the needs of such people belonging to diversified cultures is found to change their organizational policies. Thus the company changes both the product and servicing policies in order to fit both the western and Asian cultures in a simultaneous fashion (Sta nford). Mercedes Benz Model of Management Mercedes Benz mainly operates based on the philosophy of management innovation. The company in order to gain enhanced market share in the different nations works to innovate newer business processes and to produce newer designs. The process of innovation helps the company to meet the changing needs of the consumers and thereby adapts to the changing scenarios and periods. Working on the innovation process the company decided to open up overseas branches and also incorporated the business model of acquiring other automobile firms in foreign countries. These policies and innovative models helped in enhancing the potential of the automobile manufacturer to compete effectively while operating in foreign countries (Albaum, Duerr and Strandskov 48). Management Structure The study of organizational philosophy of Mercedes Benz reflects that the organization renders increased priority to the model of innovation. The company through the model of innov ation works in meeting the changing needs of the consumers based along different periods and regions. Mercedes Benz to foster such innovation works on a decentralized fashion. The people pertaining to the different units are granted the power to make