Case 4

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Nairobi Institute Of Business Studies *

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102

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Management

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Nov 24, 2024

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docx

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1 The Organization Structure of Ford Motors Company Student Name College/Department Name, Trident University International Course Number: Course Name Professor Name Date

2 The Organization Structure of Ford Motors Company The organizational structure is a powerful tool for improving communication and management's capacity to deliver on their purpose. In an organized organization, for example, the corporation can specify their function from top management to lower level personnel. This is crucial because management can assign personnel to tasks for which they are best qualified. This will not only improve manufacturing quality but will also keep the operation as efficient as feasible. As a result, the analysis will evaluate Ford Motors' structure, cultural practices, and control system, which have assured that it achieves its goals at any given time. The organization of the Ford Engine Organization is progressive, with the Directorate being the most important level, followed by the Chief Administration Group (ELT), and eventually the Administration Board of Trustees (MC). The Board of Directors is comprised of a broad group of individuals, each of whom brings their own set of experiences, talents, and areas of expertise to the table. The Audit Committee, the Remuneration Committee, the Corporate Governance and Nomination Committee, and the Sustainability and Innovation Committee comprise the corporation's committee structure (Lawson& Samson 2023). The review of An Organization's Structure 10-K is typically meant to provide a full layout of the organization's monetary components and company nuances. This is the structure of the financial statement in the annual report that is distributed to shareholders (Lawson& Samson 2023). It gives investors a translation of the organization's overall financial presentation, including an examination of the hierarchical structure, history of the organization, executive

3 remuneration within the organization, budget reports that have been evaluated for accuracy, and the value structure. The report's data ensures that financial backers obtain full information on Portage's monetary execution across market segments and in general execution . The company has showed a high degree of profitability over the fiscal year, indicating that management is effective. Efficient management is critical in increasing production capacity, product quality, and satisfying the market demand for items that the company must satisfy (Lawson& Samson 2023) . That it is the ability to fulfill the organization's capacity that might see the company closing gaps in the market, increasing the company's market shares, and improving the company's profitability. Profitability growth has a significant influence since it ensures that there is enough cash in the company to satisfy obligations when they come due. The first of three essential points learned from reading Portage Engine Organization's 10K from 2022 is that data about the organization and its business is important because it assists those who put resources into the organization in understanding the whole business. It also enables financial backers to focus on modifications to gamble with elements, court procedures, and other potential concerns that may arise (Lawson& Samson 2023) . The business and company information includes updates on their products, the sector, and their level of industry competitiveness. The examination is also remembered for the organization and company section, and it provides financial backers with information about changes in regulation, government standards, and principles, as well as what these represent for the organization. Without these, financial donors would enter the organization's partnership blind, leading them to make an uninformed decision about continuing to invest in the organization. Ford Organization Culture

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4 The culture at Ford Motor Company prioritizes customer service, as well as innovation and environmental responsibility. The organization's mission statement stresses their commitment to offering high-quality goods and services, being ecologically responsible, and showing respect for both their employees and their customers (Rajan, & Dhir. 2023). Ford Motor Company has a workplace culture that encourages collaboration, creativity, and diversity. This environment is friendly to all employees. The financial outcomes of the company's operations are the second most crucial item. This section focuses on Analysis and Management Deliberation. This generates explanations of the firm's financial accounts for stakeholders from company management. It highlights concerns that have impacted the company's financial performance and gives a summary of the yearly complete financial performance to stakeholders (Rajan, & Dhir. 2023) . The management decision and analysis also include a discussion of acquisitions as well as a comparison of the current fiscal year. By comparing financial performance from the current year to previous years, shareholders can assess the company over time and acquire a better understanding of not only the company's but also management's overall performance. This aids in identifying prospective profits growth and stability (Rajan, & Dhir. 2023) . The management discussion and analysis strengthen the company's bids to operate and profit by offering an examination of the company's restructure plans. When a corporation is restructured, operational expenses are lowered, resulting in increased revenue and maximizing of stakeholder wealth. The management discussion also includes the company's financial plan and a discussion on how to strengthen the balance sheet (Rajan, & Dhir. 2023) . Continuous investment in customer-valued products has shown to alter the business, resulting in increasing earnings and,

5 as a result, a higher dividend paid to shareholders. According to the management discussion and analysis section, keeping a team approach while implementing Ford's business plan resulted in an overall increase and growth of profitability as well as an increase in shareholder value (Rajan, & Dhir. 2023) . The Ford Motors Control System Ford Engine Organization has a variety of control systems in place to ensure that its drives continue to function as planned. They include items like planning, stock administration, yearly objectives, utilitarian plans, rules and tactics, and employee appraisal procedures (Varma et al., 2023). The budgets are used to monitor the organization's overall monetary performance and to ensure that it is progressing toward its financial objectives. The goal of stock administration is to monitor the levels of an organization's stock and guarantee that there is enough stock available to meet the needs of its clients (Varma et al., 2023). The execution of practical approaches allows the organization to ensure that it is increasing the utilization of its available assets and pursuing the possible outcomes with the most potential for monetary advantage (Varma et al., 2023). The organization has built a number of methods and cycles to ensure that it adheres to all applicable legislation and norms. Corporate governance is related to the salary of the company's directors and executive officers, and it necessitates descriptions and experience for the directors. Employee performance evaluation techniques are designed to verify that staff meet the most exacting work requirements. This section also includes the organization's set of principles and an examination of the skills of the directorate and board. Leader salary and corporate structures are meticulously planned (Varma et al., 2023).

6 The previous pay packages of prominent executives are scrutinized. This is necessary so that partners can survey the assumption that leaders' income is dependent on their presentation. The ability to include the report to bring out clearly the details of the directors, ensuring that there is transparency in their compensation, their commitment to achieving the organization's goals, and ensuring that the investors have appropriate information about the company to help them decide whether or not to invest in the company (Varma et al., 2023) . If the organization has demonstrated a proper emphasis in the delivery, it is possible that they will continue to perform in the future. As a result, the investor receives value for their financial investment, which can be critical in increasing wealth. Conclusion In conclusion, the correct organizational structure has greatly aided its performance. It has ensured that everyone in the organization is aware of their responsibilities, that the ethics required to perform the work are followed, that employees are able to embrace diversity at work, and that the organization develops a culture that is aligned with its mission and vision. The various individuals on the board of directors and their complete staff have been essential in introducing different expert mix that is capable of producing the greatest results in the organization. In terms of culture, the organization has achieved higher levels of success. It has molded the emphasis on quality delivery of products and services, environmental responsibility, and respect for employees and customers, all of which are critical in the development of a firm. The research emphasized collaboration at work, innovation, and the capacity to welcome all employees and value what they bring to the table to assist the firm achieve its goals. achievements.

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7 References Lawson, B., & Samson, D. (2023). Developing innovation capability in organisations: a dynamic capabilities approach. International journal of innovation management , 5 (03), 377-400. https://www.worldscientific.com/doi/abs/10.1142/S1363919601000427 Rajan, R., & Dhir, S. (2023). Determinants of alliance productivity and performance: Evidence from the automobile industry. International Journal of Productivity and Performance Management , 72 (2), 281-305. https://www.emerald.com/insight/content/doi/10.1108/IJPPM-02-2020-0079/full/html Varma, A., Budhwar, P. S., & DeNisi, A. (Eds.). (2023). Performance management systems: A global perspective . Taylor & Francis. https://books.google.com/books? hl=en&lr=&id=Bem9EAAAQBAJ&oi=fnd&pg=PT15&dq=The+Organization+Structure +, +culture+and+control+system+of+Ford+Motors+Company+2023&ots=gKHXvdfDlu&si g=ogUc9vxuU_dBfBV91e7j9oNOkj8

Case 4

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