BSB115 Lecture Notes - Lecture 8: Technostructure, Risk Appetite
Management – Fundamentals of Organising
- Mergers can fail due to cultural incompatibility
oMore than half fail (up to 80-90%)
- Insight into what kind of challenges businesses can face
- Environment, technology, strategy
oOrganisation helps implement strategy
oStrategy needs to take into account its operating environment and its industry and
what technology is available. Is there anything between environment and
technology which can affect the speed at which the business operates?
- Organisation
oThe process of assigning tasks, allocating resources and arranging activities to
implement plans
oHow can things be reorganised to meet strategic plans?
oIs it being handled in a contingent fashion?
oWhat does the environment and technology start to look like?
What is the industry the business is in? Is it slow changing like the mining
industry or is it fast paced like the technology industry?
- Structure
oWay in which various parts of an organisation are formally arranged
oSystem of tasks, workflows, reporting relationships and communication channels
that link the work of diverse individuals and groups
oWhat are you trying to do? What processes are in place – operating core
oPeople who are ‘steering the boat’ of the organisation – strategic apex
oTechnostructure – qualitative feedback, among other things
oSupport staff – the business can’t function without them. Businesses often focuses
on other areas; an ‘afterthought’
- Organisational chart
oWhat is the structure of this organisation?
oAre we divided into divisions? How are those divisions decided on?
- Work specialisation (Division on labour)
oDegree to which organisational tasks are subdivided into individual jobs
oHow much do you want to break up work roles for individuals and teams?
oWhere are we starting to set up the things that we do in the organisation?
find more resources at oneclass.com
find more resources at oneclass.com
Document Summary
Mergers can fail due to cultural incompatibility: more than half fail (up to 80-90%) Insight into what kind of challenges businesses can face. Environment, technology, strategy: organisation helps implement strategy, strategy needs to take into account its operating environment and its industry and what technology is available. What processes are in place operating core: people who are steering the boat" of the organisation strategic apex, technostructure qualitative feedback, among other things, support staff the business can"t function without them. Businesses often focuses on other areas; an afterthought". What is the point of organisational structure: can place responsibility when something goes wrong. Where is the accountability: determines behaviour, let employees know what is expected of them. Who is employed in which sections: give a loose framework for employees. Mechanistic structures: used in stable environments, rigid, vertical, centralised structure with most decisions made at the top, highly specialised, many rules, clear hierarchy.
