Shared Flashcard Set

Details

Strategic Management and Financial Planning
Ch 9
13
Business
Graduate
11/08/2010

Additional Business Flashcards

 


 

Cards

Term
Shared Assumptions
Definition
Include a common understand of "who we are" (mission) and "what we are trying to accomplish" (vision and goals) and the belief in the values of the organization
Term
Shared Values
Definition
Represent the understanding of "the way we do things" and may or may not reflect the organizations "stated" values- it is the actual members values that create the organizations culture.
Term
Behavioral Norms
Definition
Behavioral expectations that are common among the members of a group are the visible consequence resulting from the informal conciousness.
Term
Culture
Definition
Implicit, invisible, intrinsic and informal conciousness of the organization that guides the behavior of individuals and shapes itself out of their behavior. May be thought of as share assumptions, shared values and behavioral norms. Possesses three important characteristics- culture is learned, culture is shared and culture is both subjective and objective
Term
Functional Structures
Definition
Organize activities around the mission-critical activities or processes of the organization and are the most prevalent structures for single product/service and narrowly focused organizations.
Term
Divisional Structure
Definition
Common in organizations that have grown through diversification, vertical integration, and aggressive market or product development. Breaks the organization down into smaller more manageable parts.
Term
Matrix Structure
Definition
Most appropriate when organizations have numerous products or projects that draw on common functional expertise. Organize around problems to be solved rather than functions or products or geography.
Term
Combination Structures
Definition
Mixing and supplementing the basic design of healthcare organizations
Term
Collateral Organization
Definition
Coordinating structures made up of a system of task forces, committes, and ad hoc groups used to bring different perspectives on issues to the table for discussion and resolution. Includes project and product teams, cross-functional task forces, venture teams, reengineering teams, and executive and standing committees.
Term
Strategic Resources
Definition
Include financial, human, information systems,and technology
Term
Strategic Information System (SIS)/ Decision Support System
Definition
Attempts to take vast quantities of unorganized data and turn them into useful information to enable managers to make better decisions. Involves organizing data, selecting the models that will analyze the data and interpreting the output.
Term
Strategic Technologies
Definition
Concern the type of facilites, type of sophistication of equipment, and management of technology employed within the organization.
Term
Value Adding Support Strategies
Definition
Includes the organizations culture, structure and strategic resources
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