Target's Organizational Structure

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Organizational Structure MGT/230 October 30, 2012 It is important to be mindful of your company's organizational structure because it provides you with information regarding who has power and over whom, how and why a company divides the workload by particular people and by groups. Understanding your organizational structure can also provide important cross-functional relationships to organize work efforts for the best results. It can show where breakdowns can happen in the hierarchy and assist in growing results for better accountability. In this paper, the discussion will be on the organizational structure of Wal-Mart and compare their organizational structure to the organizational structures of two other companies, such as Target…show more content…
This type of structure is vertical. The board consist of 15 members, including the head chairperson Sam Walton and Mike Duke the CEO. The committee also has inside directors. Target is another store that also has vertical structure with a board of directors. Target is also a discount store, but they offer a different spin. They are more focused on the style. Target’s corporate strategy is one that has changed little over the years: to provide high-quality, stylishly designed items plus all the essentials for life, displayed in a clean, organized and welcoming environment. Target’s size is most beneficial because they can cater their services and products to change with trends more quickly and at prices that are affordable to the customer. Target appears to run on a functional organizational structure. Organizational structure is important because a good structure allows effective communication and inspires departments and groups within the company to work together. It also creates a hierarchy of responsibility and allows the company to grow in a well-organized style. There are several factors that influence organizational structure. In order to create and maintain an efficient organizational structure, you must first understand the factors that go into…show more content…
Organizational formats which allows you to combine simple, functional, and geographic, and matrix organizations. There are organizations with too many layers of management. You can simplify your organization by using a hybrid organizational structure to interject a chain of command that maximizes speed and proficiency, while adding extra management oversight where needed. For example, you may need a functional organizational structure for accounting or finance personnel to maintain checks and balances, and a geographic structure to provide support and product customization for different regions. In addition, hybrid organizational designs allow you to modify your organizations reporting and the needs of your company. In an example, you may find combining a product and geographic organizational structure allows you to move employees and resources quickly based on changing customer request. Adding a geographic component to your organizational structure can tailor offers, marketing and services based on differences in customer price points, packaging and product needs. Maintaining the focus may help you better meet customer needs and, in turn, increase your

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