netrashetty

Netra Shetty
Organisational Structure of Eli Lilly and Company : Eli Lilly and Company (NYSE: LLY) is a global pharmaceutical company. Eli Lilly's global headquarters is located in Indianapolis, Indiana, in the United States. The company was founded in 1876 by a pharmaceutical chemist, Eli Lilly, after whom the company was ultimately named.
Among other specialties, Lilly was the first company to mass-produce penicillin and today is the world's largest manufacturer and distributor of psychiatric medications.

CEO

John Lechleiter
Director

Martin Feldstein

Director

Winfried Bischoff

Director

Ellen Marram

Director

Erik Fyrwald

Director

Michael Eskew

Director

Karen Horn

Director

Alfred Gilman
Director

Ralph Alvarez

Director

Douglas Oberhelman
Director

Franklyn Prendergast

Director

Kathi Seifert

Director

David Hoover

CFO

Derica Rice
Medical & Excellence

TG

COO

David Ricks
Research

Jan Lundberg
Manufacturing Operations

FD
Corporate Affairs & Communic...

BP
Strategy & Business Developm...

GS
Legal

RA
Quality

FW
Human Resources

SM

CIO

Michael Heim

In most Western central banks, “monetary power” are placed emphasis on. Such power tends to be regarded more as an autonomous power separated from other functions of the state. The efforts on central banking focus on “nationalization of the banking sector, despecialization of the banking sector, banking concentration and internationalization of banking sector”. Nationalization of central banks maintains original form as to avoid structural changes in a short interval of time. The changes could be relevant on process of consolidation and reinforcement of role within the banking system (Mastropasqua, 1978, p. 140). Since each sector has a tendency to extend a range of services to be offered to the public differences between financial intermediaries might exists and so despecialization is necessary. In most European countries, “banking concentration is directly related to industrial concentration while also dealing with close interdependence among nations” (pp. 140-143). John P. Bonin and Bozena Leven (1996) suggested that: “a market-oriented banking sector can be created in Poland after combining consolidation with foreign competition.”

Typically, a company will be set up to include different types of managers, which can include managers with responsibility for a specific department or division of the entity, as well as regional managers who supervise activities in a particular geographic region. The types of management positions will vary in accordance with the size of the business.

Management structure (also known as organizational structure) is the method by which staff, departments, divisions and regions work and interact with one another. There are two main types of such structures, known as flat and hierarchal.

Whats known as a flat management structure promotes a decentralized decision-making process, which increases staff involvement and is achieved by very few or no management layers between front-line workers and the company's leadership.

By elevating the level of responsibility of baseline employees, and by eliminating layers of middle management, comments and feedback reach all personnel involved in decisions more quickly. Since the interaction between workers is more frequent, this management structure generally depends upon a much more personal relationship between workers and managers.

The hierarchal management structure has a set chain-of-command - that is each unit in the organization (except that at the very top) is subordinate to another unit or division. That means that each individual communicates directly with an immediate supervisor or subordinate and does not jump over layers of management to get to the top leader.

The benefit of a hierarchal structure is also its primary limitation in that it will reduce the level of communication that goes directly to the top. The hierarchal configuration, however, is the most prevalent for large corporations, governments, and even organized religions.
 
Last edited by a moderator:
What is Organisational Structure

An organizational structure defines how activities such as task allocation, coordination and supervision are directed towards the achievement of organizational aims. It can also be considered as the viewing glass or perspective through which individuals see their organization and its environment.

:SugarwareZ-079:
 
Back
Top