Thursday, April 18, 2019
The Organization Essay Example | Topics and Well Written Essays - 1500 words
The Organization - Essay standards profitability helped to the expansion of the organizational activities worldwide currently, the wets sites operate in Britain, Ireland and Continental Europe. In 2009 the staunchs revenues were estimated to 447,661 (million pounds) in 2008 the revenues of the firm reached the 431, 062 (million pounds). The produce of the firm has led to its listing in FTSE 250 and FTSE All Share indices (Stobard Group, Investors, Listing Information). A key point in the firms growth seems to be its acquisition by WA Developments International (in 2004) the firms new owners introduced important changes in the firms culture leading the organization to become one of the most powerful players in the British logistics industry.Stobard Group is among the UKs major competitors in the logistics industry the firm was first established in 1970 today, the firms sites in Britain, Europe and Ireland are estimated to 40 (corporate website, 2010) through the decades, the firms social organisation has been changed being aligned with the increased organizational needs the expansion of the firms sites within and away Britain led to the need for changes in organizational size and structure the organizational culture can be characterized as stable interventions have been made aiming to increase the firms competitiveness in its industry.The firm started as a family business in 1960 in 1970 Eddie Stobart Limited was established under the control of Eddie and Edward Stobart it was in 2004 that the firms ownership changed drastically the firm was acquired by WA Developments International a firm owned by Andrew Tinkler and William Stobart (Stobart Group, History) up today the firm is under the control of A. Tinkler and W.Stobart who have introduced significant changes in organizational structure and culture a fact that also positively affected the firms position in its industry.As noted above, the firm was first established as a
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