Organizing Function at Exxon Mobil Essay Example | Topics and Well Written Essays - 1000 words

Organizing Function at Exxon Mobil - Essay Example Organizing Function at Exxon Mobil Specifically, the essay aims to proffer an evaluation of Exxon Mobil’s organizing function of management, as it relates to physical assets and human resources. The discourse would likewise discuss an evaluation and justification of whether Exxon has optimized these organization resources for effectiveness and efficiency, as required. Company Profile Considered as one of the world’s leader in the gas and oil industry is Exxon Mobil that boasts of being â€Å"the world's largest publicly traded international oil and gas company, providing energy that helps underpin growing economies and improve living standards around the world†. Its roots are traced 125 years ago with the drilling of the first oil well in Titusville, Pennsylvania. The company is globally entrenched â€Å"holding exploration and production acreage in 38 countries and conducting production operations in 23 countries around the world† . Human Resources According to Higgin (1994), the organizing function is â€Å"establishing the internal organizational structure of the organization. The focus is on division, coordination, and control of tasks and the flow of information within the organization. It is in this function that managers distribute authority to job holders†. Exxon Mobil’s organizational structure is designed according to a grouping of segments from units, sections, divisions, and departments that work harmoniously towards the accomplishment of organizational goals. The management team at Exxon is comprised of the chairman and chief executive officer, as well as four senior vice presidents, with one assuming the basic responsibility as treasurer. A total of eleven members of the board of directors, where 10 were considered â€Å"independent as defined by New York Stock Exchange guidelines, and all directors stand for election at our Annual Meeting of Shareholders† (Exxon: Our board of d irectors, n.d., par. 1). The global workforce that compose the organization’s executive and staff positions are revealed as â€Å"nearly 80,000 employees, of which about 37 percent were located within the United States and 63 percent internationally† (Exxon: Our diverse workforce, n.d., par. 1). Of this number, more that 3,600 collaborately form the management and professional group who were hired from diverse countries all over the world. Exxon’s organizing strategy in terms of its human resources is â€Å"to increase the number of national employees over the life span of a project and to train them in technical and professional skills necessary for working on existing and future projects and operations† (Exxon: Our diverse workforce, n.d., par. 3).The strategy is applicable to human resources functions of recruitment, selection, training, maintenance and development of personnel. As indicated, the long term goal of the strategy is to hone the skills of talented personnel who are deemed competent and highly qualified to meet global demands of future needs of the organization. 2. Physical Assets Exxon Mobil has recognized the crucial importance of securing the physical assets of the organization. The organizing function required management to design a comprehensive inventory of all