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Transcript of Fashion Valet
Practical and widely used
Sub units may exist
Example : Sales , Finance , Production , Human Resources and others.
Introduction to Functional Structure
Fashion Valet Profile
Mission of Fashion Valet
Functional Structure in Fashion Valet
Fashion Valet (Organization)
Clear task assignment
Easy to explain the role of each unit
It is suited to stable environment
Encourage the developement of expertise
Offers areas of specialization and requires little internal coordination
Requires fewer interpersonal skills
Advantages of Functional Structure
Disadvantages of Functional Structure
It slow response of time in large organization
Causes bottlenecks due to sequential task performance
Does not encourage innovation , narrow outlook
Foster conflict over product priorities
Foster attention on particular area only
Managers not being able to be trained in a wider field
Focus more on departmental than organizational
Difficult to develop generalists needed for top management
Only top level management held accountability for profitability.
TO GROW FASHIONVALET INTO A MULTI-MILLION DOLLAR COMPANY THAT CHAMPIONS LOCAL DESIGNERS IN ASIA.
Vision of Fashion Valet
Husband and wife company
Founded in 2010
Online based as platform
Wide range of product
To elevate the local fashion scene to an international stage .
The functional organization structure helps organizations run their business and earn profit.This type of structure units suits organizations intended to produce some product or service on a continous basis.Here,employees feel secure,perform well and tend to be highly skilled.The project manager does not have any role in functional organization,and even if he exists,his role will be very limited and he will known as either the expediter or coordinator.