09-30-2013:- Nathan:Your work on the Organizational Plan does not show you being a part of any market expansion for KPMG. You have not given any indication of what you will be doing to create an expansion for the company. I am reassigning it and giving you until the end of the week (Friday) to correct this.
Based on the organization you have selected, for this module you will write an Organizational Plan of 500-750 words
1. Describe who will comprise your management team and what talents or skills each of the team members will bring to the organization. Include a simple organizational chart.
2. Outline a McKinsey 7-S Assessment/Model as it applies to your business.
3. Describe the business level strategy and how it fits with the corporate level strategy.
Nathan Harris BUS 485 Strategic Management Ronald Mccullough Grand Canyon University September 22, 2013 ORGANIZATIONAL PLAN \ Introduction KPMG is a multinational organization that has been operating in the domain of professional financial services including corporate finance, internal audit, taxation, forensic, corporate recovery, public services, accounting advisory services etc. (Casey, 2002). It has been expanding its operations globally and requires formation of an organization plan that can help it increase the effectiveness and efficiency of its operations. Organization structure The organization structure that is to be used by KPMG in order to suit its international operations is the matrix form of organization structure. It can help KPMG manage products or services as well as geographical offices in an effective manner. In this way the departments as well as offices can be managed through matrix form of distribution of authority and delegation of responsibilities (Casey, 2002). Organization culture The organization culture should be focused on establishing leadership and innovation in order to bring efficiency in the operations and processes of the organization. Innovation is crucial for this business and so it is essential that there be multiple aspects that KPMG considers while forming several of its policies and strategies in order to remain highly competitive. Management team The management team is to focus on strategic development as well as combating competition and considering outsourcing as an instrumental strategy for KPMG to grow. Moreover as the firm operates in a low competition environment, where though the industry competition is high, there are no other firms that can match up to the efficiency and market leadership of KPMG, it is crucial that blue ocean strategies be used by them. Outsourcing is an important strategy used by present day businesses. Sourcing helps businesses, especially production and operations of the business work in a cost effective manner. Moreover as other firms and nations specialize in certain functions, it has proven to be worthwhile for firms to obtain help from these nations in completion of some of their operations (Dessler, et.al, 2008). Legal form of business Being a joint stock company operating at the multinational level, KPMG requires to consider the legal regulations of all of the countries that it operates in. In case of KPMG, it becomes essential that there should be an appropriate level of development of a strategy for the business as it creates better levels of development and growth for the business. It helps ensure that there is better flexibility when the marketing and customer relationship management is put into implementation. It helps create higher efficiency and expertise in case of the business being expanded and also helps ensure that there be effectiveness and flexibility in the business (Barlett, et.at., 2004). Board members - role and selection The board members are selected through a board meeting. Their role is to ensure that the board meetings, operations with regard to shareholders and other stakeholders as well as business operations are run appropriately (Barlett, et.al, 2004). Its major advisory services occur in form of management consulting, transaction restructuring and risk consulting. Moreover as there are mergers and acquisitions that form an important element of the functioning of KPMG, the board members play an important role in these processes as well. Conclusion It is essential to adopt these elements and present the stakeholders with higher benefit (Dessler, et.al, 2008). It also helps benefit the goodwill and branding of the firm and thus KPMG can be benefitted to the maximum extent. In case of there being higher effectiveness it will help bring in sustainability into the business and help ensure future developments that can help benefit the business in an appropriate manner. References Barlett, C.A., Ghoshal, S. & Birinkshaw, J. (2004). Transnational Management, USA, Mc Graw Hill Publications Casey, C. (2002). Critical analysis of organizations: theory, practice, revitalization, USA, Sage publishers Dessler, G., Cole, N.D., Goodman, P.M. & Sutherland, V.L. (2008). Management of Human Resources. Sutherland- Second Canadian edition