netrashetty
Netra Shetty
Organisational Structure of Equifax : Equifax Inc. is a consumer credit reporting agency in the United States, considered one of the three largest American credit agencies along with Experian and TransUnion. Founded in 1899, Equifax is the oldest of the three agencies and gathers and maintains information on over 400 million credit holders worldwide. Based in Atlanta, Georgia, Equifax is a global service provider with US $1.5 billion in annual revenue and 7,000+ employees in 14 countries. Equifax is listed on the NYSE.
CEO
Richard Smith
Director
Mark Feidler
Director
Walter Driver
Director
Mark Templeton
Director
Siri Marshall
Director
Robert Daleo
Director
Phillip Humann
Director
James Copeland
Director
John McKinley
CFO
Lee Adrean
Human Resources
CR
CIO
RW
Legal
KM
Marketing
PS
International
PDRB
TALX Corporation
DA
Consumer Information Solutio...
RP
Consumer Information, United...
RP
NAmerica Commercial Solutions
AG
Personal Information Solutio...
JL
Technology & Analytical Serv...
RR
Development
John Hartman
Operations
AB
Investor Relations
JD
Several central banks in the Western world conform to a continuous paradigmatic change in theory and practice of macroeconomic policy, innovations in financial markets and increased international economic integration (Santomero, Viotti and Vredin, 2001). In most of the European countries, the key motivation of public institutions such as central banks is to secure an efficient payment system (p. 3). “Bankers and regulators worked in harmony to protect the financial services sector; as a result, the stability of the financial system would be maintained”. There are direct and indirect approaches to regulating financial structures. “Direct regulations reduce discretion on part of the banks through explicit recommendation of the diverse activities the banks could engage in”. “Separating commercial from investment banking and the enforced separation of banking and insurance” are examples of this approach. “The indirect approach relies on price and non-price incentives which induce the desired behavior of financial institutions”. An example of this approach is “risk-based capital requirements”
A number of factors determine how organizations are structured. These include the organization's goals, social customs and mores, the beliefs and values of the founders or managers, environmental constraints, and available technology. As mentioned earlier, size, though an element of structure, is also a determinant because it influences all the other elements.
Organizational goals clearly influence the way an organization is designed. The high value placed on productivity and quality as well as shareholder value had a major influence on the redesign of Westinghouse as a more diversified and decentralized firm. Indeed, goals are the prime determinants of structure. If one is in the business of producing hamburgers, the goal of delivering a gourmet product at a moderate price leads to different structuring arrangements than does the goal of delivering a reliable product quickly at a low price.
Social customs at the time of an organization's birth also determine how it is structured. This has been very important in the history of business. For example, the organizational forms adopted by the first companies in the automobile industry are not the same as the structures being adopted now. Historically production was structured around the assembly line. Some workers always built chassis, which were then sent down the assembly line to other workers, who did such jobs as putting axles and engines onto those chassis. Currently, many automakers are adopting the work-group or team concept in which a group of workers is responsible for more than just one portion of the car. At the time the auto industry began, no one thought about using a group approach to building cars, given that it was not consistent with the existing values about manufacturing.
CEO
Richard Smith
Director
Mark Feidler
Director
Walter Driver
Director
Mark Templeton
Director
Siri Marshall
Director
Robert Daleo
Director
Phillip Humann
Director
James Copeland
Director
John McKinley
CFO
Lee Adrean
Human Resources
CR
CIO
RW
Legal
KM
Marketing
PS
International
PDRB
TALX Corporation
DA
Consumer Information Solutio...
RP
Consumer Information, United...
RP
NAmerica Commercial Solutions
AG
Personal Information Solutio...
JL
Technology & Analytical Serv...
RR
Development
John Hartman
Operations
AB
Investor Relations
JD
Several central banks in the Western world conform to a continuous paradigmatic change in theory and practice of macroeconomic policy, innovations in financial markets and increased international economic integration (Santomero, Viotti and Vredin, 2001). In most of the European countries, the key motivation of public institutions such as central banks is to secure an efficient payment system (p. 3). “Bankers and regulators worked in harmony to protect the financial services sector; as a result, the stability of the financial system would be maintained”. There are direct and indirect approaches to regulating financial structures. “Direct regulations reduce discretion on part of the banks through explicit recommendation of the diverse activities the banks could engage in”. “Separating commercial from investment banking and the enforced separation of banking and insurance” are examples of this approach. “The indirect approach relies on price and non-price incentives which induce the desired behavior of financial institutions”. An example of this approach is “risk-based capital requirements”
A number of factors determine how organizations are structured. These include the organization's goals, social customs and mores, the beliefs and values of the founders or managers, environmental constraints, and available technology. As mentioned earlier, size, though an element of structure, is also a determinant because it influences all the other elements.
Organizational goals clearly influence the way an organization is designed. The high value placed on productivity and quality as well as shareholder value had a major influence on the redesign of Westinghouse as a more diversified and decentralized firm. Indeed, goals are the prime determinants of structure. If one is in the business of producing hamburgers, the goal of delivering a gourmet product at a moderate price leads to different structuring arrangements than does the goal of delivering a reliable product quickly at a low price.
Social customs at the time of an organization's birth also determine how it is structured. This has been very important in the history of business. For example, the organizational forms adopted by the first companies in the automobile industry are not the same as the structures being adopted now. Historically production was structured around the assembly line. Some workers always built chassis, which were then sent down the assembly line to other workers, who did such jobs as putting axles and engines onto those chassis. Currently, many automakers are adopting the work-group or team concept in which a group of workers is responsible for more than just one portion of the car. At the time the auto industry began, no one thought about using a group approach to building cars, given that it was not consistent with the existing values about manufacturing.
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