Anheuser-Busch
Essay by 24 • May 25, 2011 • 996 Words (4 Pages) • 1,249 Views
Anheuser-Busch
Organization is an important part of the management process. If there is no organization within a company, potential problems can be
overlooked, goals cannot be accomplished, and success will be hard to achieve. In 1864, Adolphus Busch joined the fledgling brewery that would
later become Anheuser-Busch. As the company went through the tough times of being a new business, Adolphus proved up to the challenge. His keen
vision, bold initiative, marketing savvy and passionate commitment to quality was his legacy, and the high standards he established have been
implement by those that came after him. Anheuser-Busch's operations and resources are focused on beer, adventure park entertainment, and
packaging. Anheuser-Busch also has interests in aluminum beverage container recycling, malt production, rice milling, real estate
development, turf farming, metalized paper label printing, and transportation services.
Technology
Technology is used in the Anheuser-Busch Company to develop and
operate computer systems that can help to advance the company's
worldwide business plans and strategies. There are two organizations
within Anheuser-Busch that execute and technology related purchases:
Technology Acquisition and Services Acquisition. The Technology
Acquisition organization is the "purchasing organization" of
Anheuser-Busch that is responsible for all information technology
products and services. The organization is also responsible for
purchasing all computers and phone systems, maintenance and software
along with consulting and offshore outsourcing services. The Services
Acquisition organization is responsible for purchasing all staff
augmentation services. Collectively, the company along with its
subsidiaries is responsible for strategic planning and sourcing
decisions, leveraged purchasing, policy and processes, as well as
supplier management. All Anheuser-Busch internal organizations rely on
Technology Acquisition and Services Acquisition to fulfill their
technology related requirements. Anheuser-Busch Information Technology
recognizes that employee development is path to their success. After
recruiting and hiring the most qualified candidates, the company
provides growth opportunities to every employee through a development
framework for career success. This framework includes various forms of
assessment, individualized development plans, coaching, mentoring, and
performance feedback sessions. Technical and managerial career paths are
available. Anheuser-Busch Information Technology employees have many
opportunities for training. The Anheuser-Busch University provides
in-house technical training and leadership development programs. In
addition, A-B University coordinates third-party offerings in a variety
of formats, including instructor-led training, video, satellite
broadcasts, and computer-based training
Monetary
With over 17 billion dollars in gross sales during the fiscal year
2004 Anheuser-Busch has many opportunities to waste, misplace, or lose
money. Creating and maintaining systems that can keep the financial
houses of large corporations above water and out of trouble is a key
ingredient to success. In reference to the monetary organization within
the Anheuser-Busch corporation we will review two aspects; the companies
responsibility to be forthcoming with both the federal government and
the companies share holders, and the company's distribution of capital.
In response to recent accounting scandals involving large corporations
such as WorldCom and Enron, shareholders and the federal government
alike have sent a clear message to the business community; misleading or
fraudulent financial information will not be tolerated. In order to
fulfill its legal duty to the report accurate financial information the
"king of beers" has implemented several procedures in an attempt to
ensure compliance:
* All the company's financial statements are available on its
website; these statements include but are not limited to
quarterly/annual reports, tax filings, and investor information.
* In addition to providing investors with written financial
information the company has invited all investors to listen in on
quarterly "conference calls." These conference calls are in fact on-line
presentations of the quarterly financial information, and are designed
to keep investors interested and informed.
* In order to ensure accurate financial information is being used
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