MGT 3659 Chapter Notes - Chapter 11: Organizational Ecology, Organizational Structure, Organizational Culture
Document Summary
This chapter explored the three key levers that managers have at their disposal when designing their firms for competitive advantage structure, culture, and control as summarized by the following learning objectives and related take-away concepts. 11-1 / define organizational design and list its three components. Organizational design is the process of creating, implementing, monitoring, and modifying the structure, processes, and procedures of an organization. The key components of organizational design are structure, culture, and control. The goal is to design an organization that allows managers to effectively translate their chosen strategy into a realized one. 11-2 / explain how organizational inertia can lead established firms to failure. Organizational inertia can lead to the failure of established firms when a tightly coupled system of strategy and structure experiences internal. Firm failure happens through a dynamic, four-step process. 11-3 / define organizational structure and describe its four elements. An organizational structure determines how firms orchestrate employees" work efforts and distribute resources.
