Appunti VERIFICATO
Organization
14 visualizzazioni
15 download
Nessun voto ancora
Di cosa parla
- Organizational Structure & Challenges: Specialization is beneficial but creates demands for cooperation (addressing the Agency Problem of goal misalignment) and coordination (managing interdependencies). The core challenge is designing systems that enable specialization while aligning goals and facilitating integration.
- Organizational Archetypes:
- Mechanistic: Highly specialized, hierarchical, vertical communication, suited for stable markets and mass production.
- Organic: Dynamic, flexible, fewer hierarchy levels, relies on mutual adjustment, ideal for innovation in dynamic, tech-driven markets.
- Hierarchy Design: Dictates the flow and intensity of coordination. Strategic shifts often require structural changes to realign coordination priorities.
- Parent Company Value Creation (4 Influences):
- Stand-alone: Parent guides BUs independently, providing resources and setting financial targets based on portfolio strategy.
- Linkage: Promotes and enforces connections between BUs to share best practices and foster collaboration for synergies.
- Central Functions & Services: Centralizes specific functions (e.g., purchasing) to achieve economies of scale across the group.
- Corporate Development: Parent actively engages in decision-making and business development, utilizing its technical and industry-specific expertise.
- Control Systems (3 Types): Must be coherent with the value creation logic.
- Control on Results: Focuses on financial outcomes, effective in stable environments.
- Control on Behavior: Parent influences processes and strategies, judging manager actions, crucial for interdependent BUs or unstable markets.
- Control on Clans: Informal networks and shared culture align managers' behaviors, solving agency problems in settings like family businesses.
- Organizational Design Evolution: Companies typically evolve from simple to increasingly complex structures (functional, multidivisional, matrix, network) as they grow, indicating growing coordination and control complexities.
- International Strategies:
- Multi-domestic: Adapts products/strategies to distinct local consumer preferences; decentralized.
- Global: Standardizes products and centralizes strategy in the home office for economies of scale.
- Transnational: Aims to balance global efficiency with local responsiveness, using specialized centers and local hubs for development.
- Resource Transfer Mechanisms: Essential for leveraging resources and achieving synergies.
- Mandatory (Corporate Level): Manual of processes (BUs must adopt standard procedures).
- Promoted (Corporate Level): Crown Jewels (BUs naturally utilize highly valuable corporate resources) and Competence Centers (BUs seek expert advice from corporate).
- Mandatory (Business Unit Level): Best Practices Transfer (corporate mandates adoption of proven practices).
- Promoted (Business Unit Level): Best Practice Informal Sharing (encourages knowledge exchange, e.g., through job rotation).
- Coordination Levels: Span from highly formalized (e.g., centralized decision-making, defined behaviors) to less formal (e.g., responsibility allocation, internal consultancy, information flow, task forces, and informal networks) to ensure coherent activities across business units.