AES Corporation--Culture and Structure

AES Corporation, integrity of the worlds leading world power companies in twenty one-half dozen countries, is on-goingly a Fortune 300 accompany founded by Roger Sant and Dennis Bakke. AES went through rummy growth during the 1990s with assets start from $11 billion in 1997 to $37 billion in 2001. currently afterwards the vaporizable market caused AES to begin a study restructuring effort which include the sale of assets not unless(prenominal)(prenominal) for fluidity 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 exhaust companies. This paper will argue the organizational culture and amicable structure at AES and the reasons for its reformation. harmonise to Martha Hamilton of the Washington Post, the company lacked a wholesome structure. Because there were less than 200 employees at the deftness level, anyone k crude one another. Personal relationships create which kept accountability to a minimum. With only three layers of prudence separating entry-level employees from plant supervisors, in humanitarian to no in-house finance, HR, or Ops department, for each one facility was left the obligation to traverse their own issues and problems. Their jury-rigged HR person(s) or report 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 esprit de corps and allowed turnover to be less than 1% in the 90?s. Challenges that AES faced when the reality of the restructuring took stake were ever-changing the culture of current employees to match that of the new employees. They initially change magnitude the design of Head Quarter employees from lxxx to almost two hundred-fifty saving in new managers, supervisors, and so forth Another great quarrel to overcome was integrating the new and old employees without losing the feel of spiel from the already established... If you want to number a wide essay, fix it on our website: Ordercustompaper.com

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