Ans.: Dow Chemical first departmentalized matrix structure because; there is a communication flow in between all the departments due to the dual interaction. In addition, the matrix structure promotes organizational flexibility, which allows a company to take advantage of functions, productions, and geographical elements as needed. Leigh Thompson, senior technology scout, Dow Chemical; Business accelerator Skydeck was formed as a partnership between Berkeley Haas, the College of Engineering, and the Office of the Vice Chancellor.
How do you transform business?
Join us in one of our Finance roles.
Auditing
Assess internal controls and processes, identify opportunities to make improvements and reduce risk. Work with all levels of Dow people around the world in areas such as Commercial, Manufacturing, Information Systems, and Purchasing, as well as other Finance sub-functions.
Business Aligned Finance
Provide financial consulting to the businesses utilizing a variety of skills developed in Controllers, Strategic Planning & Business Analysis, Auditing, Tax, or Treasury. Work closely with business leadership to develop, evaluate and modify value-creating strategies. Activities include competitive analysis, capital project authorizations, M&A and divestiture opportunities, short and long-term planning, and performance monitoring.
Controllers
Responsible for providing world-class transaction processing and reporting — both externally for shareholders and internally, for our global businesses, functions and geographies. Provide consultative, interpretive analysis and support focused on improving global business performance.
Investor Relations
Provide the investment community with timely, credible information on Dow's strategy and performance to increase interest in Dow equity and fixed -income instruments and to enhance shareholder value. Also work with senior leadership to ensure that they understand the investment community's views of Dow, including industry issues and the competitive environment.
Mergers & Acquisitions
Lead the corporate activity related to mergers and acquisitions, an integral part of Dow's strategic plan.
Strategic Planning & Business Analysis
Provide financial consulting to company management while maintaining and developing the financial analysis and strategy development technologies deployed across the company. Provide merger and acquisition evaluation support for company-wide or cross -business projects, and utilizes financial modeling and analysis skills to support value-based decisions.
Tax
Focus on tax planning and, managing tax risks, including income tax audits and tax litigation around the world, financial reporting for taxes and internal controls and providing excellence in tax compliance. Tax is a global function and interacts with business leaders and key functions on mergers and acquisitions, joint ventures, and significant business transactions.
Treasury
Global function within Dow that ensures the Company's financial flexibility allowing the Company to fulfill business and corporate strategies. In addition, Treasury works closely with executive management to manage risk holistically by employing enterprise -wide risk management methodology. The Treasury processes strive for excellence and innovation in each of the key financial activities: cash management, corporate risk management, credit risk management, financial asset management, financing, and insurance.
Dow is looking for successful candidates for the Leadership Development Program Internship who are currently pursuing an MBA from an accredited University Business School program.
- Areas of emphasis: finance, marketing and general management
The Leadership Development Program Internship is intended for a select few MBA candidates who seek a challenging and accelerated career path to senior business leadership in a global manufacturing company. The purpose of the internship is to mutually assess the fit for a full-time position on such a career path. To that end, interns will work in small, diverse teams to tackle high-impact, business-related projects aligned with Dow's strategy. Interns are expected to apply their prior work experiences as well as the methodical tools and insights gained from business school to deliver fresh, provocative, and actionable solutions. Equally important, the role of each intern is to network across the company to develop their own assessment of Dow, our culture and the full-time career opportunity. To help enable this learning, each intern will also be aligned to senior level leaders as advisers and mentors, and will participate in organized networking events.
Primary Roles in the Program:
- Observe and recommend on enterprise-level (i.e. company wide) strategic issues, priorities, and direction.
- Use of Porters 5-forces, VBM, and/or equivalent strategic analysis frameworks to assess Global Business Units (GBU's) and corporate strategy, valuation creation of current and strategic alternatives.
- Participate as a member of the office of Corporate Development.
- Possible travel and exposure to other regions/countries as deemed appropriate for project.
- Candidate will have the opportunity for senior executive exposure and mentoring.
The ideal candidate for the Leadership Development Program Internship possesses the following characteristics and qualifications:
- A desire to lead a large international business in a Fortune 50 firm
- Strong critical thinking skills, demonstrating commercial and financial acumen
- Comfortable in a 'humble yet high performing' culture, requiring effective teamwork while also demanding a high degree of accountability.
- Demonstrated leadership qualities and high level of Emotional Intelligence ('EQ').
Requirements:
- Pursuing an MBA from an accredited University's Business School
- Have prior experience with a global business
- Prefer 5-7 years of work experience at an operating company
- A minimum requirement for this U.S. based position is the ability to work legally in the United States. No visa sponsorship/support is available for this position, including for any type of U.S. permanent residency (green card) process.
Dow Chemical Mba Programs
About Dow
Dow (NYSE: DOW) combines global breadth, asset integration and scale, focused innovation and leading business positions to achieve profitable growth. The Company’s ambition is to become the most innovative, customer centric, inclusive and sustainable materials science company. Dow’s portfolio of plastics, industrial intermediates, coatings and silicones businesses delivers a broad range of differentiated science-based products and solutions for its customers in high-growth market segments, such as packaging, infrastructure and consumer care. Dow operates 109 manufacturing sites in 31 countries and employs approximately 36,500 people. Dow delivered sales of approximately $43 billion in 2019. References to Dow or the Company mean Dow Inc. and its subsidiaries. For more information, please visitwww.dow.comor follow@DowNewsroomon Twitter.
Dow Chemical Mba Programs
As part of our dedication to the diversity of our workforce, Dow is committed to Equal Employment Opportunity without regard for race, color, national origin, ethnicity, gender, protected veteran status, disability, sexual orientation, gender identity, or religion. We are also committed to providing reasonable accommodations for qualified individuals with disabilities and disabled veterans in our job application procedures. If you need assistance or an accommodation due to a disability, you may contact us at http://www.dow.com/en-us/contact-us or you may call us at 1-800-523-3945.