MGM101H5 Chapter Notes - Chapter 8: Organizational Culture, Production Function, Management Development
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MGM101H5 Full Course Notes
Verified Note
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Document Summary
Organization architecture totality of a firms organization including formal organizing structure, control systems, incentives, culture, and people. Organizing structure location of decision making responsibilities in a company, division of company into subunits and the coordination of subunits. Controls metrics used to measure performance of subunits and to judge how well managers are running subunits. Incentives motivational components to drive employee behavior. Organizational culture the values and assumptions shared amongst employees in an organization. People the strategy used to recruit, compensate and motivate people. Can be thought of in three dimensions organization or the hierarchy. Vertical differentiation the level of decision making in an. Horizontal differentiation the formal division of an. Integrating mechanisms mechanisms used to coordinate organization into subunits subunits. Centralization concentration of decision making in high levels in management hierarchy. Decentralization vesting decision making in lower-level managers or employees. Can facilitate coordination (i. e. coordinating distant firms) Avoid duplication of functions in an organization.
