The paper 'Organizational Nature, Structure, Products of Panasonic Corporation" is a good example of a management case study. Organizations are formed with the purpose of achieving goals effectively. The important aspect of its formation is that people discover that they cannot achieve a specific goal individually. They would then find a way of forming a body that would represent their ideals and spearhead the achievement of their goals. This body would then be registered and come up with strategies to arrive at its target. Occasionally, they would have the members meet to discuss the prevailing issues and also review their objectives.
Their challenges would be addressed and several remedies suggested. The life of the organization would depend on individual support and contribution. Those that contributed effectively to it would sustain the life of the organization, as they openly show concern for its growth and development. An organization that has members that only show loyalty without a shred of pro-activeness would only result in redundant development. Such organizations are destined to fail in their missions and never realise their vision.
However, the current situation enables organizations to cater to times of challenges that might indicate slow growth. The growth can be something that they can identify either in good time before it is realised by the outside community or one that the community points out. Either way, the problem will have to be addressed. One such organization is the Panasonic Corporation. The company, which changed its name at the early start of the century, has been one of the leading companies in the world involved with the production of electrical appliances. Its major competitors include Sony, Canon, Toshiba and Hitachi, also Japanese based.
The reasons for having such an organization standing despite the vicissitudes of close to a century of existence are simple yet difficult to comply with. Some of the basic values are the same that are emphasized albeit ignored at the elementary education level. Panasonic is proof of the benefits of sticking to these values. This report discusses in detail the organizational nature, structure, products, its position in its line of trade and in its efforts to achieve its objectives, the current systemic arrangement of the organization and recommendations on how to better its services. History Formerly known as Matsushita Electric Industrial Company Limited, the company has been existent for close to one hundred years (Indeed. com, n.d).
It started operating at around the same time when the First World War ended. It bore this name up to October 2008, when it was unanimously agreed that the company should adopt the new and current title of Panasonic Corporation. From the previous name, the company was started by the Matsushita family, started by Konosuke Matshusita by selling lamp sockets and bicycles (Indeed. com, n.d).
The business started to boom at the start of the Second World War when companies and the nation at large were in need of electrical gadgetry. It would later specialize in the production of high-fidelity appliances and short frequency communication systems, applicable at home and in the field. The work ethic of the family was clearly demonstrated when the brother in law formed another company to work on the same products as Panasonic and one of its biggest competitors, Sanyo. However, a year after it changed its name to Panasonic, it bought Sanyo as one of its subsidiaries.
Seeing that it also wanted to expand its market, Panasonic resorted to other countries and continents, one of the biggest markets being America (Indeed. com, n.d). In the US, it would ship its products under different brands such as Technics and Emerson. As a slight change to the material is produced, it would form cookers in Japan, another appliance that would later be sold internationally. Presently, the company has shifted to the production of digital electrical products as from 2006 and in line with the global agreement.
A slight deviation from its products, it has also come up with home renovation services, a package that it never used to offer in the past but has been receiving a widespread acknowledgement. It has bought several companies within and outside Japan, over 500 in number, all in the effort of increasing is market share and profit margin (Indeed. com, n.d). The strategies that it effectively uses are common among the other recognizable organizations. Despite the simplicity in its operations, it requires discipline to attain the level at which it has attained in the world market.
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