.

Wednesday, July 24, 2019

Organisational Behaviour Assignment Example | Topics and Well Written Essays - 1000 words

Organisational Behaviour - Assignment Example Overview Of The OrganiZation This company came into the financial arena in the year of 1983. The company is an employee owned investment and, as mentioned earlier, it specializes in mergers and acquisitions in the financial service sector. The company is headquartered in the city of New York, which is the financial hub of the country. Berkshire capital is considered by experts in the industry to be the leading experts in the areas of wealth management, money management, alternate investment, and real estate brokerage (Berkshire Capital a). Due to its vast experience in this area, clients trust the company’s advice in this domain. Clients trust the company to provide conflict-free advice to them, which would help them to maximize their corporate objectives. It is this trust from clients that motivates the people in Berkshire capital to undertake successful transactions for their clients (Berkshire Capital b). The service portfolio of the company includes the following services: sales and divestures, acquisitions, valuations and fairness opinions and strategic advisory (Berkshire Capital c). The fundamental focus of the company is on maximising the corporate goals of their clients through their objective opinions and recommendations. By doing this, the company hopes to build long term relationships with their clients. Organisational Structure of Berkshire Capital: The company is basically having a flat Organisational structure to govern its operations. The company’s top management consists of 13 well experienced and well seasoned partners, who are in turn supported by 29 domain experts or professionals. The domain experts provide the partners with their insight about the company’s underlying projects, which is used by senior partners to deliberate over. In this way, the company amalgamates experience with insight to come up with the highest quality of services (Berkshire Capital a). As the company is operating in a services industry, therefor e, it is very cautious about nurturing a strong pool of employees, so that its services are of the highest possible quality. The flat structure prevalent in the Organization ensures that two-way communication between experts and partners is facilitated. This ensures that everyone is on the same page when it comes to handling the intricacies of the project. The structure that is currently working in the Organisation is the reflection of the fact that the management believes in a democratic and participative management style. The Organisational philosophy of governance is extremely efficient because it is extremely appropriate for companies operating in the services industry. Not only is the Organizational structure supportive and democratic but also the company’s management (partners) is also helpful. Since the management believes that their fundamental role is to impart their experience onto the second tier employees, therefore, this philosophy act as a guiding hand for exper ts who are new in the company (Robbins & Sanghi, 2006). Organisational Goals Berkshire capital can be classified as an employee and customer driven company. This company, by employing the talent of its employees, aims to satisfy the needs of its clients. The company considers its employees as an integral part of its business model and therefore employs all

No comments:

Post a Comment