MHR 841 Chapter Notes - Chapter 2: Organizational Culture, Cost Leadership, Training And Development
24 Feb 2017
School
Department
Course
Professor
Document Summary
It communicates to others what the organization stands for. Designate the ends sought through the actual operating procedures of the organization and explain what the organization is actually trying to do. Overall performance net income, earnings, roi etc. Resources getting the financing for construction, finding less expensive suppliers, hiring top talent. Market market share or market standing desired by the organization. Employee development refers to the training, promotion, safety, and growth of employees. Innovation and change pertain to internal flexibility and readiness to adapt to unexpected changes in the environment. Productivity concern the amount of output achieved from available resources. Importance of goals value system of the organization whereas the operative goals represent the primary tasks of the organization. Operative goals provide employees with a sense of direction so they know what they are working towards. Low cost leadership increase market share by emphasizing low cost compared to others. Differentiation distinguish the product and services from others in the industry.
