netrashetty

Netra Shetty
Hastings Entertainment is a regional retail chain that sells books, music, movies, and video games. It also rents movies and video games and buys used books, music, movies and video games for resale.
The current CEO and President of Hastings Entertainment is John Marmaduke, son of founder Sam Marmaduke


President

John Marmaduke

Director

Danny Gurr
Director

Frank Marrs

Director

Ann Lieff
Director

Daryl Lansdale
Director

Jeffrey Shrader
CFO

Dan Crow
Merchandising

AVO
Merchandise

PM
Merchandise

VF
CIO

JH
Marketing

KB
Stores

SV

In addition, the concept of organizational strategic planning is the guidance of members in an organization envisions its future and develops the necessary procedures and operations to achieve a successful future. The strategic plan sets the stage for creating the marketing plan and the financial plan. The risk analysis section of the strategic plan includes the development of a succession plan (Rusch, 1987). Strategic planning in an organization can be used to determine its mission, vision, values, goals, and objectives. Strategic planning is only useful if it supports strategic thinking and leads to strategic management - the basis for an effective organization (Allison & Kaye, 2005). Strategic planning or behavior is the making of an assessment using the three key requirements about strategic behavior: a definite purpose is in mind; an understanding of the environment, particularly the forces that hinder the fulfillment of that purpose; and the creativity in developing effective responses to those forces.

a) Mechanistic structures (generally not preferred) - includes centralised control and authority, clearly defined tasks, vertical communication links, obedience to supervisors, rigidity and inflexibility.

b) Organic structures (generally preferred) - decentralisation of authority, tasks loosely defined, horizontal communications, greater individual authority, flexible, adaptable.

Experience shows that the above can be misleading. For example, flat organisations are generally preferred and hierarchical ones not preferred, however, even flat organisations are in reality hierarchical.

Importantly, if we have a mechanistic structure, what factors allow us to move in the right direction without wholesale change?

Some answers include:

a) Direct communication links to decision makers.

b) Communication and information flow between departments.

c) Tangible progression of ideas from problem to solution, product development to commercialisation.

d) Creative teams working outside but linked into the organization, whose culture, processes etc diffuse into the existing structure.
 
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