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Organisational Structure of Emerson Electric Company

Organisational Structure of Emerson Electric Company

Discuss Organisational Structure of Emerson Electric Company within the Human Resources Management (H.R) forums, part of the PUBLISH / UPLOAD PROJECT OR DOWNLOAD REFERENCE PROJECT category; Emerson Electric Company (NYSE: EMR) is a major multinational corporation headquartered in Ferguson, Missouri, United States.[1][2][3] This Fortune 500 company ...

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Organisational Structure of Emerson Electric Company
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Netra Shetty
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netrashetty
Student of PGDM at Mats Institute of Management and Entrepreneurship
Bangalore, Karnataka
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Organisational Structure of Emerson Electric Company - February 4th, 2011

Emerson Electric Company (NYSE: EMR) is a major multinational corporation headquartered in Ferguson, Missouri, United States.[1][2][3] This Fortune 500 company provides engineering services for a wide range of industrial, commercial, and consumer markets.
Emerson is one of the largest conglomerate companies in the USA. As of 2010, it has a workforce of approximately 127,700 employees worldwide, with a global presence spanning 150 countries.

CEO

David Farr

Vice Chairman of the Board

Walter Galvin

Director

Randall Stephenson
Director

John Menzer

Director

William Johnson

Director

Harriet Green

Director

Charles Peters

Director

Carlos Fernandez
Director

Arthur Golden

Director

August Busch
Director

R. Ridgway

Director

Robert Horton

Director

Vernon Loucks

Director

Clemens Boersig

Director

Joseph Prueher
CIO

KM
Emerson Climate Technologies

EP
Network Power

EF

Network Power

Jay Geldmacher
President & COO

EM
CFO

Frank Dellaquila

CTO

Randall Ledford
Legal

FS
Planning & Development

CA

The evolution of central banking from the last fifty years reflects “a wider acceptance of formal financial models and historical descriptions of central bank policies”. The practice of central banking involves a substantial amount of learning and adapting to changing political and economic climate. As monetary authorities, central banks are considered active participants of stabilizing economic fluctuations, guardian of price stability and influencers of economic outcomes (Siklos, 2002, pp. 1-2). Central banks are traditionally perceived as the agents of government’s financial tasks of conducting monetary policy operations. These are mandated and subjected to changing levels of autonomy (p. 32). Though central banks are highly-legislated, statutory relationship cannot define its daily central banking operations or dictate the influence over personalities who set monetary policies (p. 2).

“The dynamics of central banking conform to a monetary policy that purports a joint responsibility between the government and the central bank itself”. There is a connection between the political structure, autonomy permitted, decision-making and the performance of the central bank (p. 26). For the purpose of understanding the central bank behaviour, “the political structures to consider are as follows: plurality-majority (PM) or is commonly called the ‘winner-take-all’ system, the type wherein members of the legislature are elected by either the majority or the plurality of the voters and proportional representation (PR), the model of balance representation between the majority and minority parties”. Between these structures, the latter involves more political parties compared to the former making it a more consensus-centered
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Last edited by netrashetty; February 4th, 2011 at 11:01 AM..
   
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