Selection And Description Of Organization Essay

929 words - 4 pages

5 SELECTION AND DESCRIPTION OF ORGANIZATIONSelection and Description of OrganizationSherry Liezl CroweMGT413: Managing ChangeInstructor: Dr. JArgosy UniversityRunning head: SELECTION AND DESCRIPTION OF ORGANIZATION 1July 30, 2014Selection and Description of OrganizationGeneral Motors is a public company currently trading as GM in the New York Stock Exchange. The company was founded in Flint, Michigan, on September 16, 1908 and operates as a multinational company with a worldwide presence. GM has a total of 396 facilities located in several countries in six continents. GM produces, sells and distributes three automotive components including complete automobiles, automotive parts and Commercial vehicles (Andrew, 2005). The company has an online presence with a website, http://www.gm.com that highlights its services and general business to the public (General Motors, 2014).General Motors organizational strategy begins from its corporate governance and business culture. The company is headed by Dan Ammann as its president, Mary Bara as its CEO and Tim Solo, the Board Chairman (General Motors, 2014). These three significant leaders with assistance of eight vice president offices assume functional organizational theory. This theory demarcates specific tasks each vice president leader should manage in their specific duties to the company. Apart from leadership, the company has a significant presence worldwide. Its presence in approximately 396 countries with production factories represents GM's presence of motor services across the globe. Another significant organizational strategy is that the company through its research and development section employs constant innovation for safety and durable automotive products. Innovation is key to making automobile that is environmental friendly in terms of economic usage such as fueling as well as reduced carbon emission (General Motors, 2014). Vehicles purchase financing is also a unique organizational strategy. GM strategically finances vehicle asset for its customers to tap on customers who want quality vehicles but do not have ready cash. Vehicle asset financing has been described as both a sales tool and a subsidiary business for GM. Although heavy commercial vehicles that are part of GM's products still consume significant amount of fuel, the lower motor vehicles for this company standout in design for both usage and being environmentally friendly.GM's business model takes into account production and servicing of motor vehicles. The servicing part might be specific because the company only services its customer's vehicles and not vehicles from other manufacturers. Therefore, the main money making strategy for this company is completing a vehicle manufacturing process and selling it directly to customers. GM's business model does not use retailer on its supply chain (Womack, Jones, and Roos, 2007). Although, wholesalers are used, the company prefers to sell its vehicles and services directly from its...

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