The Importance of Organizational Resources

In: Business and Management

Submitted By ediemartin
Words 1288
Pages 6
The Importance of Organizational Resources

MGT/330

October 18, 2011
Kathy Pennington

The Importance of Organizational Resources

An organization is a collective group of people, thoroughly structured and managed to convene a need or to pursue shared goals on a long-term basis (Business Dictionary, 2011). Organizations have a management structure that will help establish communication between the functions and the positions. Further, the management structure is divided into parts and assigns roles, tasks, and ability to carry out defined responsibilities. The organizing function of management impacts many levels of a company’s operation, and it also helps clarify the role positions of managers. Knowledge and human resources are two key resources that can help a company work more efficiently and effectively (Bateman & Snell, 2009). In this paper I will evaluate the organizing function of management if the retail company Gap Inc, as it relates to knowledge and human resources.

Gap Inc. was founded in 1969, in San Francisco, California. It currently has about 3,100 stores and more than 134,000 employees across the United States, United Kingdom, Canada, China, France, Ireland, Japan, and Italy. The company's executive management team is focused on restoring the shape of the brands and reaching a goal for opportunity growth (Gap, 2011).

Knowledge In today’s globalized and highly competitive business climate, companies continuously need to find new ways to expand their sales and rationalize their production costs. To keep competitive, businesses often need to change attitudes and approaches within the organization. Companies have a constant need to improve customer value and customer service, while being able to operate with a decreasing number of assets, such as employees. New products…...

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