COMM 103 Chapter Notes - Chapter 7: Railways Act 1921, Small Appliance, Team Dynamics

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Document Summary

Business system design: organizational structure, culture and management approach. Formal framework around which the business system is designed. Directs and influences: collaboration exchange of knowledge the communication of and sharing of ideas the work environment surrounding the accomplishment of tasks: meeting of responsibilities, control systems to manage strategic intent. Managerial evaluation and control processes utilized to determine success of organization in meeting its strategic and operational goals and objectives: financial management systems, establishment of key success metrics relating to productivity, market share growth, and asset performance. Formalized communication tools used to distribute critical info up, down, and across the organization. Control systems designed to guide managers & employees during integration of business level strategies in support of the overall corporate level vision and mission: mechanisms for effective talent management. Delegated span of control within an organization. Allocation of position power within it: operational processes and market support & alignment.

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