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Conference week 5 - Assignment Example

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One notable feature about the chart it was different from other charts used by most organizations. Normally, most organizations have a…
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Matching Structure with Strategy Walt Disney Organizational Chart In 1943, the Walt Disney Company formulated a new organization chart that aimed at providing explanation of how the company would operate. One notable feature about the chart it was different from other charts used by most organizations. Normally, most organizations have a hierarchical organizational chart, whereby every operating section of the organization is in isolation into ‘boxes’ that depict job title in accordance to the command of reporting chain and ultimate authority. In such charts, the CEO and SVPs normally receive higher positions and occupy the top most bigger ‘boxes’; the smaller and lower ‘boxes’ always represent the expendable workers (Pride, Hughes & Kapoor, 2010). However, the type of organizational chart illustrated for Walt Disney is a chart based on a process, for instance, all the staff positions are responsible for the support of the Company’s workflow.
The Functional Organizational Structure of the Walt Disney Company has some likable characteristics. For instance, it does not have too many management levels. This indicates that its organizational structure is effective. In addition, another likable characteristic is that the modeling of chart in such a way that all the staff positions have the responsibility of ensuring a smooth workflow. Certainly, the organizational chart adopted by Walt Disney Company depicts some form of creativity and is very effective. It is therefore, the best chart that suits the company.
Projected Financial Statement Analysis
In the business world, one of the greatest arguments has been on whether projected financial statement analysis can be considered to be both a formulation of strategy and implementation tool of a strategy. Generally, financial statement analysis can be considered as a vital tool in implementation technique of a strategy. This is because it gives an organization the opportunity of examining the anticipated results of a variety of approaches and activities. This type of financial analysis can also be used in the prediction of a range of implementation decisions made. For instance, in the cases where an organization desires to ensure a 50% elevation of promotion expenditures purposely to ensure the support to the strategy of market development. Additionally, this it is also applicable in the case where an organization desires to ensure a 25% salary increase so that it can support its market-penetration strategy. Moreover, this analysis can also be beneficial to an organization that desires to elevate the expenditures on research and development by 70% so as to ensure the support of product development (Aquinas, 2010) or to sell some shares of the common stock with the purpose of increasing the level of capital for diversification.
Certainly, almost all financial institutions need at least a three year financial statement projection whenever they are in search of capital. A projected financial statement and a balanced sheet offers an organization the opportunity of being able to compute projections of financial ratios under a range of strategy-implementation scenarios. When compared to past years and to production averages, it can be noted that financial ratios offers helpful insights into the viability of a variety of strategy-implementation approaches (Aquinas, 2010).
From this, it is correct to assert that projected financial statement analysis includes both formulations of strategy and implementation tools for strategy. In addition, if I were a CEO in a financial organization then I would heavily depend on the financial statements analysis. This is because this analysis will help the organization in determining the best strategies that would help in generation of more capital and even profits.
References
Aquinas, P. G. (2010). Organization structure and design: Applications and challenges. New Delhi: Excel Books.
Pride, W. M., Hughes, R. J., & Kapoor, J. R. (2010). Business. Australia: South- Western/Cengage Learning. Read More
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