Dropbox 3 - 1.28.18.docx

Clearly the biggest advantage is the authority and

Info icon This preview shows pages 2–4. Sign up to view the full content.

Clearly the biggest advantage is the authority and power that the CEO obtains with the title alone. The CEO has the advantage of deciding the vision of future of the company and the strategy on how to obtain the organizations goals. The amount of responsibility can also be considered a disadvantage as everything falls back on your shoulders and you are held accountable for everyone underneath you. If your staff do not have clear objectives, expectations, or communication to achieving your vision, and they fail to produce the expected results, you fail and your company fails. Another advantage is the higher salary and sometimes perks that CEO’s get to experience simply because they are the face (to the public’s eye) of the company. 7) Consider an organization in which you have worked, draw its organization chart and describe it by using terms in this chapter. How did you like working there, and why? The organizational chart below is from a previous employer which was a small organization. The chart shows a functional organization layout. The positions are organized by business function such as: marketing, sales, software development, implementation and software support and it provided a clear definition of the management staff and their direct reports. The lines of communication were clear which aided in operating in a stable environment. I believe the company was successful, as it was a small organization, which allowed effective communication among all departments.
Image of page 2

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

Beth Hoerschgen Principles of Management Dropbox 3 January 25, 2018 If the sales staff saw an opportunity they weighed the benefits of taking on a new client based on the banks size and customer base, then communicated with other departments to determine whether our staff would be able to install and support the software and whether development could create code tailored to the wants and needs of the client based on the existing hardware they had installed. We were able to meet as a company which allowed a more effective line of communication among all departments. No department or employee was secluded from offering suggestions and ideas for improvement and I feel like the open line of communication and open-door policy was a driving force for the company expanding as rapidly as it did.
Image of page 3
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern