MGCR 382 Lecture Notes - Lecture 19: Information System
31 Mar 2017
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Document Summary
Four key factors matter most to strategy execution: information -> fundamental, decision rights -> fundamental, motivators, structure. Decisions rights, does the decision come from you or does it need to be passed by someone else (bureaucracy), motivators is how people are incentivized and structure is the structure of the organization. Organizational structure: the formal arrangements of roles, responsibilities, and relationships in the mne, vertical differentiation (the balance between the centralization and decentralization of authority, horizontal differentiation (involves specifying which people do which jobs in which units) Mnes works to standardize activities to maximize global efficiency and at the same time adapt activities to maximize local effectiveness. To achieve this goal the mne must stablish the right structure to implement it. Organization structure helps implement strategy by integrating knowledge. Functional knowledge: access to coworkers with expertise in basic functions such as production, marketing, finance, accounting, hr management, it.
