Term
| How do we define an organization ? |
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Definition
| social-entities, goal-directed, designed as deliberately structured and coordinated activity systems, linked to the external environment |
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Term
| What is the value creation chain ? |
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Definition
| Input,transformation,output,environnent |
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Term
| What is the mission of an organization? |
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Definition
its reason for being. It sometimes called the official goal. A mission statement communicates to internal and
external stakeholders. |
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Term
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Definition
What is a strategy?
It is a plan for interacting with the competitive environment |
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Term
| What is the traditional link between strategy and competitive advantage ? |
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Definition
| Positionning process (according to Porter) |
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Term
| How much does industry position matter ? |
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Definition
| According to Porter, the position in an industry explains the CA. The industry position explains a portion of the company competitive advantage (~20% |
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Term
| How much does the relative position within an industry matter ? |
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Definition
| The relative position explains a portion of the company competitive advantage (~25%) |
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Term
| What is a resource-based view ? |
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Definition
| According to Hamel and Prahalad Hamel, the execution and the use of company resources produce the CA |
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Term
| What is the role of execution in the strategy/competitive advantage link |
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Definition
Execution is the relevant mediator in the value creation process.
Organization design makes execution possible through
the resource allocation and coordination |
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Term
| How do we define organization design ? |
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Definition
| Organization design is the set of choices regarding the allocation and combination of resources and activities |
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Term
| What are the three questions that organization design answers? |
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Definition
- resources/activities allocation(structure as choice of
labour division)
- structure as choice of coordination
- How to motivate people (mechanisms/culture) |
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Term
| What is Alfred Chandler hypothesis ? |
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Definition
hypothesis of strategy dominance:
“structure follows strategy". Organization design has to be adapted to strategy |
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Term
| What is concurrent enterprise design ? |
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Definition
| Strategy and organizational change should happen in parallel and they should be allowed to influence each other |
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