Question

As the CEO of a rapidly expanding global company, how would you structure your organization and why? Please draw an organizational chart. Consider the following characteristics:

- Your company operates globally.
- Your company has three distinct products: Product A, Product B, and Product C.
- Your products can be tailored for different local needs and cultures.
- Your organization constantly undertakes projects that require expertise from different parts of the organization.
- Your company executes various functions in its day-to-day operations, including finance, manufacturing, engineering, sales, human resources, procurement, legal, and information technology.

Answer 1

A matrix organizational structure would best suit a global company with diverse products and cross-functional projects. This allows flexibility and the integration of functional and product divisions, enabling employees to collaborate effectively across the organization.

Step-by-step explanation:

As the CEO of a rapidly expanding global company, the organizational structure would be designed to support global operations, handle diversity in products, and facilitate cross-functional projects. Given that the company offers three distinct products which can be tailored for different local needs and cultures, a matrix structure would be ideal. This structure integrates both functional and product-based divisions, promoting flexibility and responsiveness to changes in global markets and technology.

In the matrix structure, employees report to two managers: one from the product side (Product A, B, or C) and another from the functional side (e.g., Finance, Manufacturing, Engineering, Sales, HR, Procurement, Legal, IT). Such a configuration encourages cooperation among different parts of the organization and is conducive to successfully executing projects that require multidisciplinary expertise.

To maximize the first year on the job, employees should set measurable goals and develop skills in collaboration and teamwork. It's crucial to increase company knowledge, build collegial relationships with managers and coworkers, and adapt to shifts in the corporate landscape, embracing different leadership styles as necessary.