Question

Objective:

identify an organization and its governance and leadership structures to ensure enhanced understanding of the decision-making process.

Instructions:

1. Choose a private or public organization in Canada.
2. Explain your choice and how it fits within the context of this course.
3. Organize your information logically in a Word document and submit as:

Answer 1

The organization that I have selected to explain the link between organizations governance & leadership structure and the decision-making process is Apotex. Apotex is one of the largest pharmaceutical companies that are best known for producing high-quality and affordable medicines. Dr. Barry Sherman founded this Canadian pharmaceutical company in 1974, since than the organization has witnessed tremendous growth.

Governance and leadership structure of Apotex:

Jeff Watson heads the organization and is appointed as President and Chief Executive Officer of Apotex group. Jeff is responsible for the overall operations of all the three lines of operations of the company i.e. research and development, manufacturing, packaging and distribution of products.

Dr. Pere Paton works as President of Apotex.He is responsible for managing global API operations.

Peter Hardwick is appointed as the Chief Commercial Officer and Executive Vice President of Apotex. He is responsible for developing and executing global commercial strategy for generic market segments across the globe.

Jordan Berman works as VP, Global Corporate Affairs, business transformation & strategic planning. He is accountable for managing communications platforms and channels. He is also responsible for reputation management as well as for developing and communicating Apotex's narrative to its stakeholders. He is also responsible for maintaining government relations.

Gordon Fahner is appointed as CMA, CPA – SVP, Global Finance. He is accountable for managing the financial risk, planning and reporting for the pharmaceutical operations of the company.

Joanne Campbell is appointed as SVP, Chief Human Resources Officer. She is responsible for managing every aspect of Human Resources. Apart from it she is also accountable for developing organization.

Apart from above top position other important positions in Apotex are Vice president Global Supply and Technical Operations, Global Intellectual Property and Legal Affairs, Global Regulatory Affairs, VP, Global R&D, SVP, Global Quality & Compliance.

From the above governance and leadership structure of Apotex it can be determined that it is a well-structured structure and it can be identified from it that such structure improves the efficiency of decision making process.

Well-structured governance and leadership structure specifies the manner in which decisions are taken and the manner in which decision-makers are held to accountable for their actions. It can be identified that at Apotex by properly employing the governance structure, the performance of the organization has increased significantly.

I have selected example of Apotex because governance and leadership structure of this organization clearly defines its impact of decision making process. It can be explained as follows:

· The structure ensures that decision-making hierarchy is appropriate and on track, and hence it is proficiently delivering a positive impact on the organization.

· Apotex follows a top down decision making approach i.e. information flows downward. This minimizes the risk of poor decision and failure.

· Governance structure of Apotex has a clearly defined path for decision making. It gives the decision maker authority and efficiency to identify the best for the organization.

· Apotex structure ensures that decision process is standardized based on best practices in pharmaceutical industry.

· This structure ensures that every accountable person have a solid understanding of assigned roles and responsibilities.