netrashetty
Netra Shetty
Dow Jones & Company is an American publishing and financial information firm.
The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company was in recent years publicly traded but privately controlled. The company was led by the Bancroft family, which effectively controlled 64% of all voting stock, before being acquired by News Corporation. In 2010, the company sold 90% of Dow Jones Indexes to the CME Group, including the Dow Jones Industrial Average.
The company became a subsidiary of News Corporation after an extended takeover bid during 2007.[2] It was reported on August 1, 2007 that the bid had been successful[3][4] after an extended period of uncertainty about shareholder agreement.[5] The transaction was completed on December 13, 2007. It was worth US$5 billion or $60 a share, giving NewsCorp control of The Wall Street Journal and ending the Bancroft family's 105 years of ownership
CEO
Les Hinton
Chairman of the Board
Roberto Murdoch
CFO
Kevin Halpin
CIO & Administrative
DdV
COO & CFO
SD
Local Media Group
William Kennedy
Wall Street Journal
Robert Thomson
Legal
Mark Jackson
The Wall Street Journal
KL
President
Todd Larsen
Dow Jones Ventures
AS
Communication
BS
Circulation
LB
Marketing
JJ
Human Resources
GG
Operations
Joseph Vincent
Special Projects
IW
Corporate Affairs
HH
Corporate Security
JC
The Bureaucracy
Bureaucracy means Standardization of whole process. The bureaucracy system is characterized by highly routine operating tasks achieved through specialization, formalized rules, regulations, grouped tasks, centralized authority and grouped decision making. Mostly people take bureaucracy in negative sense but it means a standardized process of acts in highly efficient way. It allows operations with high formalization which allows centralized decision making. The strength of this system is its formalization but its weakness is that this system strictly follows rules and hardly gives any room for modification.
The Matrix Structure
Another popular organizational design structure is matrix structure that is a combination of two forms of departmentalization, one is functional another is product departmentalization. The most obvious characteristic of the matrix is that it breaks unity of command concept. The strength of this system is its coordination facility when the organization has multiple complex and interdependent activities. When organization grows larger, its information process becomes overloaded but direct contact between different managers makes communication better and flexible. This system also allocates efficient specialists but like all systems it also bears some disadvantages. The major demerit of this system is the confusion it creates, which puts stress on individuals. It is frequently unclear who reports to whom and this creates ambiguity which often leads to confusion.
These are organizational options which are present in several organizations but managers are working since decades to develop new organizational designs that can better help their firms to compete effectively. For example, team structure, pizza structure, network structure
The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company was in recent years publicly traded but privately controlled. The company was led by the Bancroft family, which effectively controlled 64% of all voting stock, before being acquired by News Corporation. In 2010, the company sold 90% of Dow Jones Indexes to the CME Group, including the Dow Jones Industrial Average.
The company became a subsidiary of News Corporation after an extended takeover bid during 2007.[2] It was reported on August 1, 2007 that the bid had been successful[3][4] after an extended period of uncertainty about shareholder agreement.[5] The transaction was completed on December 13, 2007. It was worth US$5 billion or $60 a share, giving NewsCorp control of The Wall Street Journal and ending the Bancroft family's 105 years of ownership
CEO
Les Hinton
Chairman of the Board
Roberto Murdoch
CFO
Kevin Halpin
CIO & Administrative
DdV
COO & CFO
SD
Local Media Group
William Kennedy
Wall Street Journal
Robert Thomson
Legal
Mark Jackson
The Wall Street Journal
KL
President
Todd Larsen
Dow Jones Ventures
AS
Communication
BS
Circulation
LB
Marketing
JJ
Human Resources
GG
Operations
Joseph Vincent
Special Projects
IW
Corporate Affairs
HH
Corporate Security
JC
The Bureaucracy
Bureaucracy means Standardization of whole process. The bureaucracy system is characterized by highly routine operating tasks achieved through specialization, formalized rules, regulations, grouped tasks, centralized authority and grouped decision making. Mostly people take bureaucracy in negative sense but it means a standardized process of acts in highly efficient way. It allows operations with high formalization which allows centralized decision making. The strength of this system is its formalization but its weakness is that this system strictly follows rules and hardly gives any room for modification.
The Matrix Structure
Another popular organizational design structure is matrix structure that is a combination of two forms of departmentalization, one is functional another is product departmentalization. The most obvious characteristic of the matrix is that it breaks unity of command concept. The strength of this system is its coordination facility when the organization has multiple complex and interdependent activities. When organization grows larger, its information process becomes overloaded but direct contact between different managers makes communication better and flexible. This system also allocates efficient specialists but like all systems it also bears some disadvantages. The major demerit of this system is the confusion it creates, which puts stress on individuals. It is frequently unclear who reports to whom and this creates ambiguity which often leads to confusion.
These are organizational options which are present in several organizations but managers are working since decades to develop new organizational designs that can better help their firms to compete effectively. For example, team structure, pizza structure, network structure
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