Glanbia Company Management and Organisation Structure

Glanbia Comp whatever Management and Organisation StructureThe author has been asked to print this report on behalf of Kilkenny and Carlow education and training centre.The author has use mohand sources without this report.This report is in three sections the first section gives a brief history of Glanbia its legal form its current size and attitude around the world, and the products it produces. The second section describes the administration functions of an note and describes three pieces of equipment used to carry these functions. The third section gives a brief overview of three pieces of body of work decree.Glanbia meaning pure food in Irish has its roots in the Irish co-operative movement. In the 1960s many weakened co-operatives joined together, realising the benefits of cast up scale and having greater diversification. Waterford Co-op Society was form in 1964 with Avonmore Creameries formed two years later in 1966. With the introduction of European milk quotas in 19 84 growth in domestic opportunities were restricted. Waterford Co-op Society and Avonmore Creameries two recognised that to go they would have to look outside Ireland and the best modality to fund this expansion was done a stock market flotation. some(prenominal) were floated on the Irish standard Exchange in 1988. With the expectant raised(a) leadership to business concern expansion outside of Ireland. A chassis of sm all told cheese plants in the USA be the basis of Glanbia marketing prima(p) US Cheese business today. On 4 September 1997, Avonmore Foods plc and Waterford Foods plc integrated to form Avonmore Waterford Group (AWG) plc. The combined entity was the fourth biggest dairy processor in Europe and the fourth biggest cheese producer in the world. In 1999, the business was rebranded and the figure of speech changed to Glanbia plc.Organisation and Legal Form Glanbia is a private firmament business enterprise, being floated on the Irish Stock Exchange on 4 Sep tember 1997. It was known then as Avonmore Waterford Group (AWG) plc and being renamed Glanbia plc in 1999.Size and LocationGlanbia registered office is located in Glanbia mob Kilkenny it employs over 6,000 people across 32 countries and their products ar sold or distributed in over 130 countries with an annual turnover of 3.6 b trialion. Their major business facilities are located in Ireland, the US, the UK, Germany and China. They have four segments Glanbia Performance Nutrition, orbiculate Ingredients, Dairy Ireland and Joint Ventures Associates. Their shares are listed on the Irish and London Stock Exchanges (symbol GLB).ProductsGlanbia has a wide range of nutrition sports brands, Glanbia Performance Nutrition (GPN) is the number one global performance nutrition brand portfolio comprising Optimum Nutrition, BSN, Isopure, thinkThin, Nutramino, ABB and trusource, all(prenominal) with its own brand essence.It has as well a wide range of dairy brands Dairy Ireland is comprise d of two businesses. Consumer Products is the leading supplier of branded consumer dairy products to the Irish market and long-life products for export. Agribusiness supplies inputs to the Irish agriculture sector and is the leading purchaser and processor of grain and the leading manuf travelurer of branded fauna feed in Ireland.Audit CommitteeThe Audit Committee is answerable for assessing the Companys financial arrangements, as well as followuping the design and implementation of privileged control and risk management. It also agrees the approach and scope of the internal and outside(a) audit and keeps under review the objectivity and independence of external auditors. cardinal main functions of the Audit delegacy is the review of financial statements and external auditors, which involves observe the integrity of financial reports and assessing the efficiency of the internal and external audit process.The second main function would be the reviewing and implementing the com panys risk management systems. Mainly assessing the whizz risks that would threaten the companys business model, future performance, solvency and liquidity. nomination and arrangement CommitteeThe Nomination and Governance Committee is trustworthy for hiring individuals with the knowledge, experience and management skills needed to expand the business and deliver its strategic objectives.Two main functions of the Nomination and Governance Committee are recommending new appointments to the board of trainors.The second would be the anterior planning in the succession to the board.Remuneration CommitteeThe remuneration committee has responsibility for putting in key a remuneration strategy, that is intentional to meet the companys strategic business ambitions and that attracts new gift and delivers long bourn sustainable shareholder value.Two main functions of the remuneration committee, one is to review the executive salaries and benefits.The second would be to seek approval the annual fillip targets.Group Management CommitteeThe group management committee is responsible for delivering the companys annual business plan and strategic priorities.Two main functionsTo research and analyse the potential markets for products to be sold.To develop the growth of the company business, through strategic investments, and also with strategic acquisition or alliance with former(a)(a) complementary businesses.Group finance directorThe finance director has the responsibilities, for managing the discussion section financial strategy ensuring the company delivers on key financial goals. To get hold of these goals involves assessing both external and organic investment opportunities, cash conversion through improved on the job(p) detonator management and moderate business sustaining capital expenditure. Leveraging the companys activities in order to improve cost structures utilising shared services, procurement, IT and maintaining the capital structure with an imp licit investment grade credit profile.Group HR and Corporate Affairs DirectorIs responsible for man power planning, addressing any issues raised by employees, reviews HR operating model to ensure it is face-off the strategic goal of acquiring the talent needed to maintain companys goals. make sure there is a comprehensive succession and people talent review of senior leadership. Developing a comprehensive Code of contribute to support commitments to ethical business practice,The administrative function involves the collecting storing and affect of info. The collecting of data involves many things such as reports, minutes of meeting, enquires, quotations, prices lists, invoices to name a few.Storing of data depends on the nature of the data the law requires the storing of data in a specific manner and a specified dot of time especially the keeping of accounts for tax purposes. Data can be stored on reckoners or hard copies in a filing cabinet. treat of data can involve convert ing the data into more manageable chunks of teaching such as charts, spreadsheets or PowerPoint presentations. Which are used, for the benefit of better catch of the information in order to make important decisions within an organisation.Equipment computing device -nearly all employees in an office have a desktop computer these days. Software such as Microsoft word and Excel can be used for many office tasks such as storing and processing of information, and e-mail is used for communication within the office and outside communications.Fax car used for sending documents, diagrams and pictures. Linked to the telephone line it is a alert and easy way of communicating. You can send and receive documents with a move of a button. The advantage is that it takes a carnal document andtransmits it in physical form to the receiver, it is a scanner, modem and printer all in one.Photocopier e rattling office has a photocopier for the purpose of copying and printing of documents. Modern p hotocopiers can resize documents and scan documents. They can connect wirelessly they can have multiply functions the like fax. You can produce anything from A4 and A5 stapled, saddle-stitched booklets to hole-punched, stapled 50-sheet presentations. Some copiers can print documents on a mixture of paper formats, such as heavier stock for covers and dividing sheets, or sorry paper for specific sections. A photocopier can create lots of copies in a short space of time.Work dwelling Legislation Safety, Health and social wellbeing at Work Act 2005The key point of this act is to place broad obligations on employers, employees and the self- employed in congress to arctic, health, and welfare matters in all areas of the work place. With the emphasis being on forecloseing workplace accidents and ill health from occurring by focusing on workplace hazards and putting tolerate precautions in place.Employers are obliged to provide a safe place of work by putting in place safe systems of work, the suspend training, supervision, appropriate clothing and equipment, emergency plans and welfare arrangements. Employers are required to prevent any inappropriate behaviour that may put the safety, health and welfare of their employees in jeopardy.Employees are obliged to have reasonable care for the safety of others, by making sure that equipment supplied for their safety are used properly, and all machinery, tools are used correctly. They have a required duty not to be under the influence of drink or drugs in the workplace. They are also required to undergo reasonable medical or other assessment if requested by their employer.Employment Equality Acts 1998 2008The key aim of these acts is to prohibit discriminatory practices in the workplace environment. They prohibit both direct and indirect discrimination. The employer has to give equal access to employment, conditions of employment, training and promotion, and like acquit for equal work.Direct discrimination is def ined as treating one mortal in a less favourable way than another soulfulness has been or would be treated because of their gender, marital status, family status, sexual orientation, religious belief, age, disability, lam and membership of the traveller community.These acts also create the Equality Authority which flora towards the elimination of discrimination in employment, promotes equality of opportunity in matters the legislation applies to and supplies information to employers, service providers, individuals, trade unions and the legal profession in relation to the Equality Acts.Protection of Young Persons (Employment) Act 1996The key aim of this act is to protect workers under eighteen, it sets the minimum age for entry into employment and limits the working hours and provides rest periods and prohibits night work. An employer is required to obtain a birth award if employing anyone under the age of eighteen and get written permission from boot or guardian before employi ng anyone under the age of sixteen. An employer must also keep a record of workers under the age of eighteen.Glanbia is a very organised and efficiently run company with an annual turnover of 3 billion.References(n.d.). Retrieved Feburary 2017, from www.vikingdirect.ie.(n.d.). 2015_Annual_Report. Glanbia.About us. (n.d.). Retrieved February 2017, from Glanbia.com.(n.d.). Glanbia_AR2014.Keenan, . (n.d.). Essentials of Irish Business Law. Gill and Macmillan.Our Heritage. (n.d.). Retrieved from Glanbia.com.