MGMT 680- Ch. 11

Org structure and controls

86 cards   |   Total Attempts: 182
  

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Cards In This Set

Front Back
structure, reward mechanisms, org culture, leadership
Strategy may be implemented via
Strategy and structure
The match or degree of fit between ______ influences the firm's ability to earn above average return
Strategic goals
The choice of structure and controls should support the ___ of the firm
Structure, strategy
_____ will change as the _____ of the org changes
Effective strategic leadership
__________ means selecting the appropriate structure
Performance
Research suggest that _______ declines when the firm's strategy is not matched iwth the most appropriate structure and controls
Organizational structure
Specifies the firm's formal reporting relationships, procedures, controls and authority and decision making processes
-specifies the work to be done and how to do it given the strategies
-pivotal component of effective strategy implementation
Alfred chandler
Strategy pioneer ___ found orgs change their structures in ineffieicienceies force them to
Structural abilitie
structural flexibility
Two consideratins regarding alignment or structure and strategy
Structual stability
Capacity firm requires to consistently and predictably manage its daily work routines
Structural flexibility
Opportunity to explore comp advs frim will need to be successful in the future
Controls
Guide the use of strategy, indicate how to compare actual results with expected results and suggest corrective actions to take when the difference is unacceptable
Strategic, financial
Two types of controls
Strategic controls
Largely subjective but still able to measure criteria intended to verify that the firm is using appropriate strategies for the conditions in the external environment and the comapny's competitive advantages
What the frim might do (opp in external)
what the firm can do (competencies)
Strategic controls are concerned with examining the fit between