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

• School: York University
• Department: Administrative Studies
• Course: ADMS 1000
• Professor: Eytan Lasry

Document Summary

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.