There are several different structures: functional, market oriented, integrated and adaptive structures. Functional structure refers to an organization form in which grouping of employees is based on particular functions such as advertising. Further, the functional selection of structure may be divided into simple, machine bureaucracy, and professional bureaucracy. Each of the subdivision may illustrate a particular industry or organizational need in order to best optimize the efficiency and effectiveness. In my experience, the functional structure has a rather generic approach in which only functional tools are utilized: this approach ignores the multi-verse and creative nature of human being. Thus, it may result in decrease utility and ultimately in lower production efficiency.
Market oriented approach divides and groups employees based on the targeted customer segments. This particular approach uses a reverse methodology i.e. who/what is the targets, in order to create the most effective group of employees to serve those particular segments. In my experience, market oriented approach is more effective than functional approach: by reverse tracking, firms can select those teams that are best suited to server their particular goals.
An even better approach is the integrated structure, which refers to the combination of functional and market oriented organization. In this particular approach, an organization can select to implement either approach or combine them. Such approach naturally creates a greater flexibility in adapting the organizational response to particular needs of the market. I believe that such flexibility is a better choice to reach adaptability.
More adaptive structures attempt to empower employees by emphasizing core process i.e. horizontal organization, or creating sponsorships i.e. lattice organizations. This approach assumes that frontline workers which have a sense of ownership will naturally have a greater involvement that may lead to better end results. In my experience employee empowerment may illustrate a sense of ownership that my lead to negative outcomes by ignoring core skills and expertise.
Other approaches such as alliances and modular organizations which use external resource to streamline internal dependency function under the assumption that external entities are reliable partners or subcontractors which will perform to the highest standards, in order to minimize the internal cost of adaptability. In my experience, it is a risky venture to allow external entities to have influence on back bone structures: the dependency factor creates minimization of authority and loss of leverage which in turn may have negative impact on negotiations and bottom lines.
Personally, I believe that an optimal organization is simply adaptable: in today's flexible and ever changing global environment, no organization can have a long term structure. If the final goal of an organization is its longevity, it is vital to be elastic and even more importantly adaptable. Thus, a well structured organization, is an organization which can reshuffle it selves in order to adjust to its market and more importantly adjust to its competitors.
Organizational Structure And Performance
The current President of NASCAR is Mike Helton. What is interesting about Mike Helton's appointment as President of NASCAR in the NASCAR organization structure is that he is not a member of the France family. He was named as President in the NASCAR organization in 1999. That was a year that would see much change in the NASCAR organization in terms of safety because of the sudden death of Dale Earnhardt on the last lap of the 2001 Daytona 500 and it was because of this incident that NASCAR would begin to head numerous initiatives for the safety of drivers and fans.
The very nature of a family-controlled organization means that the family will control most of the proceeds. This has been a criticism by some who think NASCAR should be a joint owner-player type of profit sharing model. Other critics have made assertions that the NASCAR organization could do more for driver safety. And there have been accusations that the NASCAR organization is too monopolistic in its policies. But millions enjoy the sport promoted by this business and advertisers love the exposure they get. Plus, the championship prizes seem to be attractive to many drivers.
NASCAR is not publicly-traded on the stock exchange however its major sanctioning body is International Speedway Corporation which is publicly traded on the NASDAQ under stock symbol ISCA. ISC owns as well as operates 11 motor speedways plus is a major promoter of motorsports. Bill France's sister Lesa France Kennedy and his uncle Jim France is the Vice Chairman of the Board and Chairman of the Board/CEO respectively.
Although not an organizational structure per se, NASCAR organization structure is built around three main events which could be thought of as three main lines of business: 1) The NASCAR Nextel Cup Series, 2) The NASCAR Busch Series, and 3) The NASCAR Craftsman Truck Series.
And a fundamental part of the NASCAR organization structure is the promoters. Promoter sponsorship has drawn some criticism from the fan base because more and more it seems that NASCAR is more about commercials than it is about racing. However, in order for NASCAR to stay alive as an organization it needs the sponsors. Ticket sales alone will probably not bring in the revenue needed to stay healthy in business.
The Nextel Cup Series is the most prestigious of the NASCAR organization. This series starts with the Daytona 500 at the beginning and consists of 36 races in 19 states and on 22 different tracks.
The second premier event in the NASCAR organization is the NASCAR Craftsman Truck Series. This event started in 1996 and was previously known as the SuperTruck Series. Its roots come from a display of a NASCAR-style pickup truck at the 1994 Daytona 500.
And the last premier event in the NASCAR organization is the NASCAR Busch Series which is considered to be like the minor leagues of NASCAR.
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Chris Dicicco has sinced written about articles on various topics from Pregnancy and Family Planning, Home and Bodybuilding Supplements. Love Nascar? Visit www.NASCARsupershop.com . We carry Nascar Die Cast, Nascar Jackets, Race Car Jackets, NASCAR Jerseys, NASCAR Door Mats and so much more!. Chris Dicicco's top article generates over 110000 views. to your Favourites.
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