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Responsibility centers

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You have been asked to speak about the topic of responsibility centers to a group of executives at a conference.
For this speech you should select a company/business that you are familiar with and briefly describe it. Give three examples of responsibility centers in that business. Describe how these responsibility centers interact. Below are the instructions for completing the assignment.

Please provide some guidance on how to tackle this.

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You have been asked to speak about the topic of responsibility centers to a group of executives at a conference.
For this speech you should select a company/business that you are familiar with and briefly describe it. Give three examples of responsibility centers in that business. Describe how these responsibility centers interact

You may take this approach for your speech

1. At the inception please define 'responsibility center' in a few words and describe the importance of responsibility centers. If you give more than one definition, it looks more impressive in a speech. You should then name three companies, which have responsibility centers.
2. Select a business you are familiar with. You must know or find out its business, its structure and its objectives. For example if you select an industrial marketing company, which has facilities for manufacturing BOPP tapes, strapping machines and steel strapping. Obviously each one of the units forms a responsibility center.
3. You may select each one of these as responsibility centers but it would be better to use examples from different types of responsibility centers. For instance, the industrial marketing company would also have responsibility centers for marketing, human resources and finance. You may select steel strapping, finance and administration. This would give variety and your speech would be received well.
4. These responsibility centers interact for functional reasons, interdependence and support. Continuing with the above example, steel strapping needs personnel, marketing needs finance and strapping machines need to match the plastic strap produced. Similarly there may be conflicts, competitions and criticisms across centers.
5. Sum up your speech with the need, importance and function of responsibility centers and also the problems connected with them, difficulties in coordination and leadership issues. Please give industry examples from the Wall Street or the Economist.
6. Please use PowerPoint slides if allowed. And do practice ...

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