Fashion brand Guess Organizational Structure/Corporate Governance of the Organization
Organizational Structure
– Indicate whether the company is divided by department/function, product, division, or location. How do Guess’ layers of authority affect its decision-making and strategy implementation? Provide evidence and recommendations for structuring Guess.
– Guess is organized by function and by international divisions
Corporate Governance of Guess
– Describe the relationship between the board of directors (who represent Guess shareholders) and the top management/corporate officers. Assess the corporate governance of Guess based on its board of directors. Are there more outsiders or insiders on the board of directors (more people from Guess or more independent shareholders)? More outsiders is evidence of good corporate governance. One example of poor corporate governance is one corporate officer wearing two hats such as Chairman & CEO which creates a conflict of interest. Another is having more than one corporate officer (preferably the CEO) on the Board.
