Organization structure Essay Example | Topics and Well Written Essays - 1250 words

Organization structure - Essay ExampleIt has positioned itself as a leader in new-sprung(prenominal) product developments and promotions. It has increased their presence in the fast-growing Internet market and direct response television while expanding their international reach. With these core capabilities, it has gained a global reputation for elegance, luxury and superior quality.Even amidst a severe recession and key customers going out of business, the company has proven itself as a enduring organization that can weather tough challenges. The worldwide recession declined the consumer spending that affected the sales of the company. With strong leaderships of the companys Executive Chairman, William Lauder, as intumesce as the President and CEO, Fabrizio Freda, it has responded to the demands of their external environment. It has created business strategies of multi-national expansion, multi-channel distribution and multi-brand leadership in order to support the companys grow th and sustainability.Recently, the company has announced a new organizational structure and leadership team in order to further quickly respond to a fast changing market thriftiness and position itself as an effective organization in implementing and achieving its corporate strategies and financial goals. Figure 1 illustrates the new structure of the organization.The Executive Chairman of the Board of Directors pick out people in the leadership team reporting to him such as the President and Chief Executive Officer, Executive Vice Presidents of General Counsel, Global kind-hearted Resource and Global Communications, Chief Financial Officer and Senior Vice President for Corporate Administration.The structure of the organization under the CEO is designed as a hybrid structure of products, geographical and functional departmentalization. The CEO has an executive leadership team directly reporting to him. The product departments are divided into quatern clusters brands that are orga nized according to channel and consumer segmentation.