Nypro Success Strategies Free Essay Example, 1500 words

The Nypro s matrix organizational structure provides greater flexibility. It also provides a structure that is better aligned with the corporate objective of closely monitoring profitability on a daily basis. The employees are part of teams in matrix organization, thus they are accountable individually and collectively for the performance of the team. Due to the higher levels of responsibility placed on the employee practices such as Daily P L were accepted as guiding benchmarks in this corporate culture. Under such a corporate structure maintaining high quality standards is very important. Quality control teams can be used to monitor the work of the various projects a matrix organizational structure manages. The purpose of the Daily P L was to incorporate a mentality in the employees that their daily actions affected the profitability of the company. Despite the theoretical advantages of implementing such a managerial tactic the actual utility of the Daily P L is limited. In theory making having a report that provides employee with daily feedback on their work performance is good. There were certain advantages associated with the Daily P L practice. The fact that direct labor employees utilized the Daily P L report as part of their everyday routine created a corporate culture that valued the importance of achieving productivity on a daily basis. We will write a custom essay sample on Nypro Success Strategies or any topic specifically for you Only $17.96 $11.86/page