Chapter 11 Memo - Jeremy Pflug

Chapter 11 Memo - Jeremy Pflug - on each individual unit We...

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Memorandum To: All Hammermill Paper Company Employees CC: Colleagues of BIS 630 class From: Albert F. Duval Date: 16:37:05 Re: Revised Organizational Structure The purpose of this memo is to discuss the new revised Hammermill organizational structure. The purpose of the plan is to decentralize each operating unit and then centralize the financial control. By decentralized, we want to make the decision making on all operating matters to be made by each division or operating company unit and not by the corporate office. We would like to see each division to step up and become more self-sufficient allowing more time and effort to be focused
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Unformatted text preview: on each individual unit. We would also like to centralize the control and allocation of money which will be taken care of in our corporate office. We feel that by doing so, the financial decisions will be made more efficiently and according to the best interests of the company as a whole. We understand that this may take some time to get used to the new configuration but with effort and cooperation we can turn Hammermill Paper in a more fundamentally organized and structured entity. Thank you. 1 CONF I DE N T IAL...
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