Ogilvy and Mather Worldwide Case Study Example | Topics and Well Written Essays - 1000 words

Ogilvy and Mather Worldwide - Case Study Example The present paper is regarding the strategy and framework that can be considered to provide the best stewardship of Ogilvy brand. 1) Accurate human resource positioning - Expertise is necessary in order to achieve the goal of best stewardship. The organization cannot afford anyone to work anywhere without giving any result. Human resource is the key to success of any organization. Motivating the employees through incentives, promotions and other benefits will encourage them to perform better. As the organization is a multinational company, networking in form of communication should be enabled and each and every office should be interlinked not separating any of the regional offices from the offices situated outside the country. Moreover, all the offices and its employees should be assigned specific roles and responsibilities so as to carry out work smoothly. Organizational restructure is necessary to stimulate growth, successive management, to deal with internal problems and due to changing environment (Busn 6520, Class Notes) 2) Coordination among Board of Directors- It is necessary that Board representing the management be reworked as it is evident from the activities of previous year (1993), coordination between the top level executives is the area of concern. There is difference of opinion among different heads of regional offices, local offices and other international offices. Therefore it is recommended that divisional structure of management be carried out as it enhances the cooperation within division and goals are achieved as per the strategy set by CEO, as in the case of Appex. This structure also enhances accountability, budgeting, planning, final target focus and thus preventing any fraudulent activities. The personnel involved in the management of operations in various locations should be vary of their roles and responsibilities so that targets are achieved relentlessly (Strategic Design Lens, Lecture 3) 3) Adapting to the changing environment - Ogilvy and Mather has already experienced the effect of not moving forward with the changing business world and changing mindset of customers resulting in pull offs by its most valued clients like American Express and others. It is suggested to make few changes in organization culture without affecting the historical values of the company. 4) Eliminating political traits in the organization - Politics in an organization is perceived as the dark side and avoiding it can result in impeding effective decisions. Politicization in the organization should be totally eliminated so as to take effective decisions for the organizational development. It is suggested to take all the Board members into confidence or decide with the consensus of the people present during the meeting. Major reshuffling among the top executives along with medium level executives to different departments and locations may help in easing the pressure while taking decisions (Political Lens, Class Notes) 5) Assessing

Subsidizing oil companies in usa Essay Example | Topics and Well Written Essays - 750 words

Subsidizing oil companies in usa - Essay Example Perhaps, one of the greatest debates has concerned the viability of these oil subsidies. This issue presents a conflict of interest; whether the government should support the American taxpayers (the public) or the oil companies seems to be a matter of debate. The primary reason why these subsidies should be abolished is that the oil industry has not reached a state where it is making huge profits; therefore, it no longer remains the ‘infant’ industry it once used to be. According to one article, the effect of providing oil subsidies to the already rich nations such as U.S is that of making the richest countries even richer. Profits amounting to $80 billion were made cumulatively by three of the largest oil companies in the U.S in 2011 (Slack). Thus, because these oil companies have a huge turnover and are largely self-sufficient there seems little point in the continuance of oil subsidies. It is believed that the money allocated to these oil subsidies should be invested in institutions which lack funds, such as the provision of old-age homes, medical facilities etc. Also, the oil companies are already been given the incentive to increase output by the rising global oil prices; therefore, there remains little role that subsidies can play. This also means that the taxpayers are being effectively taxed ‘twice’ which means that they are paying a premium amount for getting the fuel and also having their taxes being used as subsidies for these companies (Cooper and Weisman). According to one estimate, one of the companies used as much as $225,000 per day to write off majority of the cost of a sunken oil rig during the Gulf oil spill (Koceiniewski). Considering the huge amounts, the subsidies are rejected on the grounds of being unfair to the American taxpayers as an exorbitant amount of their money is being used up in them. There seems to be a boom in the American oil industry lately. The output of domestic oil has reached its highest levels since the past few years. Since the past few years, the American oil industry has grown self-sufficient in that the domestic companies are producing more than the amount of oil imported by the U.S (Slack). Also, there have been political efforts to enhance oil production, for instance, by allotting land to oil companies for production. Furthermore, the most obvious reason why oil subsidies in the U.S should be discontinued is that it would free up money and resources for public use. These resources could instead be invested in ‘green’ and sustainable initiatives which would mean finding alternate sources of energy that is environmental friendly and efficient (Slack). These initiatives are both politically and environmentally viable as research indicates massive public support for investment in green initiatives. The public is in favor of giving tax incentives to companies who would produce electricity from wind, solar and water sources (Slack). Oil subsidies are merely fulfilling a short term need in the sense that there is little investment in the ‘future’. This short-termism is clearly inappropriate as it is the need of the hour to invest in finding alternate, renewable energy sources such as wind and solar power. This is linked to the argument that the discontinuance of oil subsidies would result in a greener environment as greenhouse emissions would be reduced due to lower resulting output. Thus, the idea of oil subsidization is self-contradictory in that it