Introduction [Grant] AES is an independent global power company consisting of competitive generation, distribution, and sell supply businesses in 33 countries. Their generating assets include interests in 177 facilities tot anying over 59 gigawatts of capacity. [Markels] The AES Corporation is comprised of four lines of business: ·The contract genesis Segment ·The Competitive Supply Segment ·The Large Utility Segment ·The Growth diffusion Segment The Companys goal is to help meet the worlds learn for electric power in ways that benefit all of its stakeholders while building long-term value for its shareholders. During the 1990s AES enjoyed phenomenal growth and startling shareholder returns. [Wetlaufer 1999] Question. 1a) The AES Company is run by executives with unconventional beliefs on management techniques, and who stress the importance of physical exertion social state. It rational is based on decentralisation, empowerment, team-based organisation, incentive compensation, rent out security, and some controversial policies and practices. The company is committed to social responsibility and providing fun for employees.
Unlike any other global organisation, AES encounter to treat all of their employees as responsible adults who are able of making decisions and taking risks for the company. This is based on their belief that the more than authority figures there are in a accustomed structure, the more likely it is that the employee will not make decisions for themselves. [Wetlaufer] Roger Sant (CEO) says that: Invariably, muckle will rise to the level of trust and dignity you set up in them. The company has tried to eliminate all themes of running(a) specialists, and are left with only one ? an accounting group ? this is based at the corporate office and gathers financial entropy on the organisation for reporting and auditing purposes. AES Organisation Structure [Wetlaufer 1999] [Wetlaufer] AES group their activities... If you involve to get a full essay, order it on our website:
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