Organizational Structure free essay sample

It is also, measured by the number of branch offices and employees, the second largest bank in the world. The bank was established in 1806 as Bank of Calcutta. It is the oldest commercial bank in the Indian Subcontinent. The Government of India nationalised SBI in 1955 with the Reserve Bank of India having a 60% stake. SBI provides a range of banking products through its vast network in India and overseas, including products aimed at NRIs. With an asset base of $126 billion and its reach, it is a regional banking behemoth. SBI has laid emphasis on reducing the huge manpower through Golden handshake schemes and computerizing its operations. The Bank has also been unsuccessfully trying to improve service quality through a programme called Parivartan or Change. After a 20 year hiatus the Bank will be recruiting 20000 clerks and 3500 officers. [citation needed] So far, more than 2. 4 million have applied. Contents [hide] †¢1 History †¢2 Associate banks †¢3 Growth †¢4 Group companies †¢5 See also [edit] History The roots of the State Bank of India rest in the first decade of 19th century, when the Bank of Calcutta, later renamed the Bank of Bengal, was established on 2 June 1806. Facebook was set up to allow for people just to communicate with one another over the internet and to keep in contact with people that you do not see that often. As things progressed Facebook has become one of the most well-known social media websites out today. Without proper organizational skills then Facebook would not be able to allow all of the advertising spots that they do and would not be as well-known to businesses as they are now. Facebook developed over time to become the top advertising businesses out in the world today and a while back MySpace used to be one of Facebook’s competitors, but with the lack of interaction from businesses Facebook eventually took over having more and more to offer. MySpace was set up to do the same as Facebook but MySpace did nothing but allow people to stay in contact with one another and was mainly friendly with people only who brought them no money and a major lack of businesses appeal. After a while Facebook opened themselves to businesses to go along with the regular amount of friendly communication between people. Businesses took advantage of this opening and corresponded with Facebook to allow businesses to make friends with the people that keep up with them (Meg, 2008). Twitter is another organization that allows for all the same things, but at the same time twitter is more based upon the fact that you can post a status and people can actually track you and keep up with your status knowing what you are doing. Twitter does not really have a business like appeal because there is only advertising while you are on the site and unless you are updating your status there is nothing to do on Twitter so there is no reason to stay logged in. When you log into Facebook you can change your status, see all your friends’ status updates that have happened, there are advertisements on both sides of the screen, there are games to play, and you can find your favorite businesses and talk to their representative’s about what is going on in the business. It allows you to keep up with what is new in the business world. Facebook has a lot of different organizational functions that it goes through and that it lives by. Facebook allows for massive amounts of marketing through advertising, and by allow for the games that are on Facebook (Whyte, 2012). Facebook has many different types of financial stability that allows for them to continue running and these are marketing, businesses pay a good amount to Facebook that is a stable income. Along with the businesses paying them just for their advertising Facebook has a good amount of games that are offered to everyone and these games vary so that everyone has their different types of games that they may like. People are constantly watching what is going on, on Facebook and they have to, to make sure that everything continues to run smoothly, no matter what is going on Facebook stays up, and running. These human resources allows for Facebook to not go down because when a business goes down for just a little bit it can hurt them dramatically and start to make their investors questions their stability (Whyte, 2012). To me Facebook has a Functional structure because each employee and business that runs through Facebook has his or her own set skills and tasks that he or she has to use to get his or her part of his or  her job done. Facebook does not only have a Functional structure but also the organizational design is Functional as well. Facebook is a very stable organization that will continue to run for a very long time, they will continue to be strong, and very well-known not only to people but also to businesses all over the world. Facebook employees each have their own set tasks that they have to complete in the business and if they do not make sure that they get each of their set tasks done then there will be issues with their department and Facebook cannot allow for any of their departments to run into issues. Not only do the employees have their own set jobs that they have to complete but also the businesses that do their advertising through Facebook have to make sure that they information that they are giving to Facebook stays up-to-date and the right advertisements gets used in the proper spots and that their advertisements are correct. Without all of this being done then things could get mixed up and there could end up being issues throughout the entire website and that would do nothing but cause Facebook to fail (Meg, 2008). Every business has its own Structure that is must follow so that it can be successful, their structure is not something that they pick, but it happens to be something that eventually grows over time and becomes their foundation of how the work (Corkindale, 2011). Without organizational structure and organizational design then an organization would not be considered an organization because a true honest Organization is something that is built over time, it may start out as a small business that someone had a dream to start, it had the right management, and the right dreams to grow and grow. When you manage a business the right way and make sure that everything that happens in the business is for the sake of the business the organization structure is developed and the business becomes an organization (Corkindale, 2011). Conclusion The main focused purpose of this organization structure paper was to select two organizations such as Facebook and MySpace. I compared and contrasted the differences of their organizational structures. I also addressed and evaluated their organizational functions that made and determined their organizational structures. I elaborated and explained their organizational design and how these organizations have influenced society especially in the social media world. As we all knew today modern world, every single person has either a Facebook or MySpace account and spend numerous hours online talking, chatting, socializing, staying connected to friends and families, and networking with other work related colleagues or school projects. This has tremendously enhanced communication effectiveness and time limitation.