Chapter 5 Flashcards

1
Q

Strategic Drift

A

is the tendency for strategies to develop on the basis of historical and cultural influences but fail to keep pace with a changing envrionment

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2
Q

Path Dependency

A

is where early decisions establish policy paths that have lasting effects on subsequent decisions

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3
Q

The Organizational Field

A

a community of organisations that interact more frequently with one another than with those outside the field

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4
Q

Recipes

A

a set of assumptions, norms and routines held in common within an organisational field about the appropriate purposes field members.

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5
Q

What are Cultures 4 layers?

A
  1. Values
  2. Beliefs
  3. Behaviors
  4. Paradigm
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6
Q

The paradigm

A

set of assumptions held in common and taken for granted in an organisation

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7
Q

Strategies fail to keep pace with environmental change because

A
  1. requires moving away from strategies that have been successful
  2. tendency to stick to the familiar
  3. ingrained routines are difficult to change
  4. reluctancy to disturb relationships with customers, suppliers…
  5. financial performance of organization may hold up initially ( due to loyal customers or cost cutting )
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8
Q

A period of flux involves

A
  1. no clear direction
  2. conflict
  3. internal disagreement
  4. declining performance and moral
  5. . alienated customers
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9
Q

Legitimacy

A

meeting the expectations within an organizational field

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