Monday, June 24, 2019
Strategic Analysis of Loreal Essay Example | Topics and Well Written Essays - 1500 words
Strategic Analysis of Loreal - Essay ExampleOrganizational culture in LOreal LOreal has adhered to strong agreemental cultures over the years. Since its inception, the governance has aimed to deliver its best to fulfill the needs of the people. It has maintained transp atomic number 18ncy in maintaining racy quality of the products. In the development of the product, the organization has been careful in maintain the safety and the efficacy. The organization maintains a high level of ethics as a part of their incorporated culture. Fairness in every action of the organization is found to exist. There is maintenance of good practice of the corporate governance. The organization maintains strong relationships with customers and suppliers. Every employee in the organization is provided with equal opportunities based on their positions. (Ethics, n. d) The organization in any case maintains long term value for the share holders by protecting their interest and utilizing the company ass ets. The organization maintains honesty and clarity to wards the customers and the claims they make about the products are all proven by scientific data. As a part of the organization culture, the organization besides carries out with their ethical practices in accounting and reporting and does not tolerate any level of corruption. The privacy of the employees is also maintained at a high level and the employees are provided with an environment in which they fell motivated to deliver their best for the organization. The employee participation is also allowed to a large extent in the organization and thy employees also contribute with their ideas and suggestion (Diversities, n. d). The efficiency of the employees are recognized and rewarded and respect towards the culture of the employees is maintained. The organization also tries to take care that no level of biasness locomote in the organization. As a part of the culture, the organization also tries to deliver its best for the ov erall development of the society and maintaining its responsibility towards the society. It promotes the human rights of the people and makes component part towards the development of the children in various societies. It also carries out awareness program for the maintenance of biodiversity. Organizational body structure of LOreal In the consideration of the organizational structure of a multinational organization like LOreal the most significant thing which comes into notice is the fact that the organization maintains decentralized structure. The organization has various divisions which are controlled by the respective departmental heads. The overall workings of the organization are maintained by the CEO. The CEO is responsible for the direct supervision of various departments which includes marketing, finance and the human resource (The official board, n. d). The overall decentralisation of the organization poses as a weakness in the overall management of the organization. Ther e are also no modes of intercommunication between the departments in the organization. The organization also has a management committee who are in charge of the different sectors. In spite of the decentralization of the overall organizational, the presence of review committee which are supervised by the board of directors of the organizat
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