ARBUS300 Lecture Notes - Lecture 6: Theory X And Theory Y, Decision-Making, Chipotle Mexican Grill
Document Summary
Organizational levers to support strategy: organizational structure, management processes, decision-making processes, operating processes, performance assessment & reward processes, leadership behaviour. Each lever influences organizationalbehaviour and culture (1) structure: determines how information and influence flow through the hierarchy, there are always trade-offs, typical options on how an org can be structured, functional, product, geographic, cellular, matrix. Limited sensitivity to local markets, slow decision making. Complex and slow moving: align as much as possible required capabilities based on proposed strategy with organizations structural characteristics. Strategy-organization linkage analysis: complete the strategy triangle analysis. Organization & strategy: two options (diamond e, organizational elements are modified to support the chosen generic strategy and business strategy, generic strategy and business strategy are chosen to match the orga(cid:374)izatio(cid:374)"s characteristics and environment requirements. Basic concepts: business/industry environment suggests strategic opportunities, what you would like to do, company resources and capabilities determine what you are able to do, feasible strategy is one that fits both.