Introducing
Your new presentation assistant.
Refine, enhance, and tailor your content, source relevant images, and edit visuals quicker than ever before.
Trending searches
Bank of Canada - Organizational Structure
314
Thank you for your time
Questions?
Decision Making:
Centralized or Decentralized?
Centralized:
Management issues
Joint decisions made by Chiefs
Department Managers
Guided by polices and guidelines
Bank’s medium-term plan
Individual work plans
Decentralized:
Work delegation
Achieving corporate goals
Span of Control
Decision Making
Span of Control
Decision Making:
Centralized or Decentralized?
Centralized or Decentralized?
Large span of control
The Chiefs Deputy Governor /Senior Deputy Governor Board of Directors
1300 employees across the country
80-100 employees in each department
Our commitment to one another:
"We aim to achieve our best in a workplace where we":
Communicate
Share
Develop
Recognize
Respect
Depends on decision
Highly centralized:
Policy decisions
Ex. Interest rates
Decision is made by the Bank’s Governing Council
Organizational Structure
Company Background
Governing Council
Company Responsibilities
Company Structure
Span of Control
How does this structure contribute to the success of the organization?
Senior Deputy Governor - Tiff Macklem
Governor -
Mark J. Carney
Company Structure
Founded in 1934
Became a Crown corporation in 1938
Not a government department
Owned by the people of Canada
Deputy Governors
Key Functions:
monetary policy
bank notes
financial system
funds management
Principle role:
“To promote the economic and financial welfare of Canada”
Structure is aligned with it’s key functions
Functionally-driven
Fifth function: Corporate Administration
Presented by:
Tom Holman
Bianca Dasilva
Anthony Shupe
John Murray
Agatha Coté
Timothy Lane