ADMS 1000 Lecture Notes - Lecture 4: Severance Package, Cloning, Outsourcing

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ADMS 1000 Full Course Notes
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ADMS 1000 Full Course Notes
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Chapter 4: establishing the structure of a business: Global: delayering: flattening organizational hierarchies so that they have a wider span of control; the elimination of hierarchical layers, often involving downsizing. Increase decision making speed: wider spans of control, react much faster to environmental changes, allow more responsibility to employees, provide lower-level employees more decision-making power. Fluid organizations: being able to adapt to change is critical, ability to generate inventory, as needed through flexible manufacturing/supplier relationships, to minimize costs, suitable in dynamic environments, a trait of organic structures. Information sharing: workers sharing knowledge with other workers in the organization to help better meet the organization"s goal and needs. Information sharing is an important component of the team-based approach: cross-functional teams, keiretsu: the japanese term for networking of major enterprises creating loosely affiliated collections of companies. These are quite common in japanese industry and banking. Increase in competition: greater access to more markets, better access to new markets around the world.

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