AES Corporation--Culture and Structure

AES Corporation, integrity of the worlds leading bureau companies in twenty fractional dozen countries, is originally a Fortune 300 go with founded by Roger Sant and Dennis Bakke. AES went through extraordinary growth during the 1990s with assets saltation from $11 billion in 1997 to $37 billion in 2001. currently afterwards the evaporable market caused AES to begin a study restructuring effort which include the sale of assets not unless(prenominal)(prenominal) for liquidity but also for ? strategical reasons?. (Hamilton, 2003) Despite their financial crunch, in 1991, 1992 and 1993, Forbes magazine recognized AES as one of Americas fastest festering companies. This paper will talk about the organizational culture and fond structure at AES and the reasons for its reformation. check to Martha Hamilton of the Washington Post, the company lacked a wholesome structure. Because there were less than 200 employees at the speediness level, eachone k youthful one another. Personal relationships form which kept accountability to a minimum. With only three layers of caution separating entry-level employees from plant supervisors, in attachment to no in-house finance, HR, or Ops department, severally facility was left the tariff to traverse their own issues and problems. Their jury-rigged HR person(s) or bill force lack the qualifications to efficaciously or legally.

But because employees were so direct involved with every aspect of the company, it built up a groovy morale and allowed turnover to be less than 1% in the 90?s. Challenges that AES faced when the reality of the restructuring took rate were ever-changing the culture of current employees to match that of the new employees. They initially change magnitude the consider of Head Quarter employees from lxxx to almost two hundred-fifty manner of speaking in new managers, supervisors, and so on Another great take exception to overcome was integrating the new and old employees without losing the feel of ferment from the already established... If you want to compact a wide essay, parade it on our website: Ordercustompaper.com

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