Thursday, October 31, 2019
ISMG Essay Example | Topics and Well Written Essays - 1500 words - 1
ISMG - Essay Example Secondly, there was the change in organizational structure to fit the organizational culture and climate of the old Mrs. Field Company. This action was perhaps in relation to the fact that the existing staffs who were to manage the new group of companies had to continue with an organizational system that they were more comfortable with. Finally, Mrs. Field adapted the existing name of Mrs. Field for the new group of companies rather than maintaining the La Petite Boulangerie for the new venture. As the saying goes, there is no smoke without fire. Indeed, Mrs. Field took the three actions discussed above for a reason. In the first place, Mrs. Field is reported to have said that ââ¬Å"we absorbed many of the overhead functions into our existing organization including accounting, finance, personnel, human resources, training, and developmentâ⬠(Richman, 1989). This means that as long as positions in the acquired company such as accounting, finance, human resource and training all existed in the old company, the Fieldsââ¬â¢ felt that there was no need bringing in new set of hands to do what was already being done by existing set of hands. The Fields had therefore thought of increasing their savings by reducing cost on human capital development and payment. The second action of changing the organization structures must have been with the mentality that the staff who were going to handle the affairs of both Mrs. Fields and La Petite Boulangerie needed to operate with set of organizational structures that they were more conversant with. Since the staff-base had virtually not changed, there was the ideology that changing the organizational structure would have given the staff more concepts to learn. On the decision to maintain the name, Mrs. Fieldsââ¬â¢ we are told that ââ¬Å"the Mrs. Fields name was demographically well established,
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