ADMS 3430 Study Guide - Midterm Guide: Organizational Culture, Mental Models, Job Analysis
19 Oct 2012
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Document Summary
A strategy is successful if it addresses customer needs and creates competitive advantage. The key to successful strategy is to evaluate the fit of that strategy with a changing environment & forecast its performance if adopted. Firms lean towards operational effectiveness (i. e. , efficiency) instead of focusing on strategy. Important, but does not lead to sustainable profitability. Cannot satisfy everyone all the time (choices/trade-offs are required) Focus on what is core to the organization. the best strategies involve fit", where activities are reinforcing. Strategy is based on the past and is planned, but it is also emergent (through organizational learning about the customer, product, environment, etc. ). focus on implementing the current strategy, rather than reformulating new strategy. Perform different activities (or the same activities in different ways) Purpose of hr (understand what makes hr strategic: a relationship between employees and their employing organization, a set of policies and practices, a shared organizational function, a body of knowledge.
