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In: Economics

Explain H&M Organizational Structure. and draw the Chart!

Explain H&M Organizational Structure. and draw the Chart!

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Expert Solution

It shall be noted that H & M is a group company and hosts 9 well-defined brands such as H&M, ARKET, COS, Weekday, Cheap Monday, Monki, & Other Stories, H & M Home and Afound

H & M group is headed by CEO and 10 executives that togetherly constitute Board of Directors. Out of the 10 executives 6 are women. These 10 executives heads different company operations such as business development, Controlling, HR,sustainability, Investor relations, legal, communication, finance & accounting and security. There are other 10 executives in-charge for each individual well-defined brands hosted by H & M group.

The organizational structure is organized as per Joint Group Functions and Brands.

The Chief financial officer reports into CEO. The Chief operating officer looks after Expansion, IT, logistics, Production & Advanced Analytics.

The organizational chart is given as follows:

Rahul Sunny answered 2 years ago
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