BU398 Chapter Notes - Chapter 2: Organizational Structure, Triple Bottom Line, Management Control System
Document Summary
The role of strategic direction in organizational design. Organization are created to achieve some purpose. The primary responsibility of the top management i to determine an organization"s goals, strategy & design, therein adapting the organization to a changing environment. Organizational design administration & execution of the strategic plan. Strategies often made within the current structure of the organization, so the current design constraints or puts limits on goals & strategy. Officially states goals overall goal that describes the oranizations"s vision, shared value/s beliefs, reason for existing. Designate the ends sought through the actual operating procedures of the organization & explain what the organization is actually trying to do. Describe measurable outcomes and are often concerned with the short run. Overall performance growth (increases in sales/profits), output volume (total series/amount of products delivered), profitability (net income, eps or roi) Resources acquisition of needed material & financial resources from the environment. Market market share or market standing desired by the org.
