The Organizing Function of Management: Tyco

1636 words 7 pages
The Organizing Function of Management: Tyco
Robert Black
MGT 330: Management: Theory, Practices, and Application
June 21, 2010
Instructor: Tonya T. Moore
University of Phoenix
The Organizing Function of Management: Tyco Organizing is the second function of management, which follows planning. The organizing function of management can be described as the coordination and assembling of a company’s human, financial, physical, informational, and other resources needed to achieve the goals and objectives of the organization (Bateman & Snell, 2009). The organizing function is a continual process and is a vital factor in determining whether a company’s, like Tyco’s, strategy will succeed. The organizational structure of a company will
…show more content…

However, currently with the “Committee” in place, Tyco is presently optimizing their monetary resources as well as human capital resources for effectiveness and efficiency. After the legal and ethical issues Tyco experienced in 2002, Tyco’s Board of Directors and the company’s human resources department had to organize the company’s management and employees. This included hiring an individual to replace the former CEO in which the company hired Edward D. Breen. Breen faced many challenges including the company being in debt as well as replacing 290 of Tyco’s 300 managers. Tyco companies employ more than 100,000 people around the world and operate in all 50 states and more than 60 countries (Tyco, 2010, About Tyco: missions and goals). Tyco’s human resources department plays a vital role in organizing the company’s employees as well as ensuring the company’s human capital resources are being optimized for effectiveness and efficiency. Tyco cultivates a work environment that encourages innovation, creativity. This is done through teamwork and mutual respect. Tyco, being a global company, must be aware of cultural differences when organizing, managing, and conducting interviews with employees and potential employees. Tyco believes in the strength of many in which Tyco believes to be globally competitive; the company must recognize and cultivate the richness that diversity brings to the company (Tyco, 2010,