Showing posts with label corporate culture. Show all posts
Showing posts with label corporate culture. Show all posts

Friday, October 8, 2021

Which corporate function or department dominates more??

 Any established companies are dominated by two sections:

Different Functions in the company: Finance & Accounts, Sales & Marketing, Production/Operations.

Different Divisions in the company: That contribute more in terms volumes and value.

Sales & Marketing: FMCG, B2B related companies. Since sales is key to the company all activities of the company revolve around this function.

Accounts & Finance: Government, PSUs companies. Most due to the highly process orientation, minimum individual accountability and responsibility and majorly big brother role by Government overseeing the overall operations. These companies will be highly conservative

 Production/Operations: Public utility companies particularly in government sector.

The growth/de growth depends on these functions/divisions that have their SAY so next time when you look out for a prospect try looking at the above details and strategize.