International Case - Restructuring at Korea's Daewoo

INTERNATIONAL CASE RESTRUCTURING AT KOREAS DAEWOO Question 1.What are the advantages and disadvantages of a hands-off, decentralised management approach ? Answer 1 1.Decentralization.It is the tendency to penetrate finality making authority in an organized building. 2.Decentralized Organization.A decentralized cheek is one in which decision making is not confined to a fewer top executives rather is through come out the organization, with managers at various levels making key operating decisions relating to their sphere of responsibility. Decentralization is a point of degree, since all organizations are decentralized to some extent out of necessity. At one extreme, a strongly decentralized organization is one in which even the lowest-level managers and employees are empowered to crop decisions. At the other extreme, in a strongly decentralized organization, dismay-level managers have little freedom to make decisions. Although most organizations cliff somewhere between these two extremes, there is a pronounce trend toward to a great extent and more decentralization. 3.Advantages & Disadvantages of Decentralization.

Advantages of decentralization include faster, more responsive decisions, greater flexibility, more initiative at lower levels, reduced coordination efforts, reduced administration, and redundant capabilities. By moving decision making down the structure, response time is cut as the person making the decision is closer to the situation. The organization brush off react more quickly in this arrangement than if it had to lane all decisions through a central location. In rundown to more rapid decisions, decentralization can lead to greater flexibility in dealing with problems. A small whole is able to adapt to unexpected circumstances with more shut up than a large, cumbersome organization. 4.Flexibility is often the by-product of innovation. As responsibility and functions are dispersed throughout the agency, individuals can take an amount of... If you want to get a full essay, set out it on our website: Orderessay

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