ADMS 1000 Lecture Notes - Lecture 1: Canadian Business, Walmart, Organizational Chart

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Peter Tsasis

Document Summary

Lecture 1: exploring canadian business: a critical approach. An organization consists of people with formally assigned rolls, who work together to achieve stated goals within an identifiable boundary. A social entity- composed of people interacting with each other to perform essential functions. Deliberately structured- characterized by formally assigned roles deliberately divided into sets of activities. In an identifiable boundary- maintaining itself as an entity distinct from the environment. The mckinsey 7-s framework: structure, strategy, shared values, systems, skills, staff, style. Strategy- a plan or a course of action leading to the allocation of the organizations recourses in reaching an identifiable goal (s) Structure- a pattern of relationships that exist between individuals in the organization. It is characterized by the organizational chart (i. e. functional, decentralized etc. : reflects the formal hierarchy of authority in the organization. Systems- procedures and routinized processes controlling and coordinating behaviour in the organization. Shared values- significant meanings or guiding principles that the organization instills in the members.