General Motors is a complex organization that operates globally and has a matrixed structure. For years, it has been no easy task to function successfully as the world’s largest automotive corporation. Overcoming various challenges of the modern business environment requires an adequate organizational structure accompanied by efficient and visionary leadership. In fact, the researchers today speak of the importance of strategic management in the context of organizational structure:
“Effective strategic management includes a global external orientation, clear business segmentation, an intimate understanding of strategic marketing and competitor analysis, a focus on appropriate measures of performance, systematic resource allocation, and a supporting organization structure and culture. The development of strategic management systems with these components will facilitate American organizations to compete effectively both domestically and internationally.” (Kellogg School of Management, 2005, “Why Strategy Is Important Today”)
As the official website of the company informs, the activity of General Motors is overseen by the Board of Directors. The Board has two main functions: the firsts are associated with electing the officers of the corporation, and the later is connected to managing its performance. At the moment, there are eleven Board members, including nine non-employee members and two management members. The Board maintains the corporation’s business and fulfills its tasks through some Committees. At the moment, there are six committees: Audit, Capital Stock, Director Affairs, Executive Compensation, Investment Funds, and Public Policy.
