Organisational Structure of Colt Defense -
February 3rd, 2011
Colt Defense was split off from Colt's Manufacturing Company in 2002 in order to focus on the military, law enforcement and security markets. It is based in West Hartford, Connecticut.
Chairman of the Board
New modern technology brought tremendous change in the formation of the society. With this dramatic and drastic changes occurred is the by-product of man’s innumerable inventions and unending search and discovery of new things. In line with such development, the field of economic and business landscape proactively engaged in adopting various creative enhancement techniques in order to participate actively with the demands set by the time and the phenomenon of globalization.
These phenomenological occurrences lead various transnational or multinational business corporations to observe with sophistication rapid changes in the organizational management and structural backdrop of a given company. Trying to make various changes on the level of human resources management, productivity level, and product demands make global industries spend lofty budget in exchange for effective economic production and competitive organizational structures and management.
The changes in business settings project a significant shift from the classical tradition to post-classical tradition on business orientation and transaction. However, the phenomenal and rapid changes make corporations reacted differently depending on the degree of how it will affect its management structure and organization’s set of standards and policies. Since, economic status is an important consideration in a certain organization or corporation.