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Essay / Kemira Oyj Strategic Assessment and Recommendation
Business Process PerspectiveStudy of the company's annual reports reveals that it has implemented internal audit, internal control and financial reporting processes (Kemira Oyj , 2014b). The operational organization is divided into four segments, with each segment considered a regional business unit (Kemira Oyj, 2014b). Regional business units are guided by policies defined by Global Functions, which provide guidelines for respective functional areas such as supply chain management. , human resources and finance (Weiner & Partner, 2013). Regional heads provide operational support and supervise all regional development projects (Kemira Oyj, 2014b). They are responsible for the profits of their regions.Learning and growthThe study of available information on Kemira's corporate governance mechanisms revealed that the organization's employee engagement index has deteriorated significantly from 70% in 2011 to 58% in 2013 (Kemira Oyj, 2014b). It appears that the percentage of employees providing information on organizational commitment has also declined significantly in recent years (Kemira Oyj, 2014b: Robbins, 2002). Although the company's website indicates that the decline in engagement was likely due to organizational restructuring and negotiations underway at the time of the survey, these figures reveal insufficient organizational attention to learning, growth and advancement of employees (Kemira Oyj, 2014b). . The company's internal survey also revealed that accountability for poor performance within the organization was a weak point (Kemira Oyj, 2014a).2.9 McKinsey 7S FrameworkThe Mckinsey 7S model, developed by Peters and Waterman in early 1980s, states that organizational effectiveness depends...... middle of article ......ard Business School Publishing. Simmons, R., (2005), Designing High-Performance Jobs, Harvard: Harvard Business School Publishing. Spencer, T., (2008), “McKinsey 7 S framework”, available at: www.tomspencer.com.au/2008/09/13/mckinsey-7-s-model-analysis (accessed March 8, 2014). Valuewalk.com, (2010), “KEMIRA OYJ (FRANKFURT: KEM)”, available at: premium.valuewalk.com/wp-content/private/…/Kemira_OYj-PDF.pdf (accessed March 8, 2014) .Warren, K., (2008), Strategic Management Dynamics, John Wiley & Sons Ltd: Chichester.Weiner & Partner, (2013), “Kemira - SWOT Analysis. Strength, Weaknesses, Opportunities, Threats”, available at: http://swot.advisorgate.com/swot-k/21535-swot-analysis-kemira.html (accessed March 8, 2014). Williamson, D., Cooke, P., Jenkins, W. and Moreton, MK, (2003), Strategic Management and Business Analysis, United Kingdom: Butterworth-Heinemann.