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ETH: Introduction to Management > Lecture 05 - Transformation: Formal & Informal > Flashcards

Lecture 05 - Transformation: Formal & Informal Flashcards

1
Q

Define …

formal organization
→ formalization
→ structure

A

Formal organization
Codified structures
(Organigramm)

Formalization
Extent of written rules & procedures
(Funktionsbeschrieb eg. Projekt Plan)

Structure
Formalized patterns of interactions that link an organization’s people and jobs
(Geschäftsprozesse)

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2
Q

Advantage & Disadvantage of formalization! (2)

A

Advantage
Self efficacy

  • Efficacy means the ability of something to achieve its intended result or goal.
  • It measures how well something works in achieving its purpose.

Disadvantage
Loss of autonomy

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3
Q

Name 5 types of organizations structure!

A
  • Simple
  • Functional
  • Divisional
  • Matrix
  • Ambidextrous
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4
Q

Name 2 characteristics of simple structure!

A
  • Highly informal
  • Centralized
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5
Q

Advantages & Disadvantage of functional standards! (2)

A

Advantage

  • High centralization = Coordination
  • Efficient use of talent

Disadvantage

  • Difficult to set uniform performance standards
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6
Q

Advantage & Disadvantage
of Divisional Structures! (2)

A

Advantage

  • separate
    operational control vs strategy
  • development
    of general management

Disadvantage

  • rivalry
    among divisions
  • duplication
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7
Q

What divisions can you create?

  • Name two examples! (2)
A
  1. geography
  2. product
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8
Q

matrix organization

  • advantage
  • disadvantage
A

Advantage
Specialized personnel and equipment

Disadvantage
Can cause intense power struggles

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9
Q

ambidextrous organizations
Name 2 comparative characteristics

  • Strategic Intent
  • Critical Task
  • Competencies
  • Structure
  • Control & Rewards ★
  • Culture
  • Leadership Role ★
A

Explorative
(innovation, bottom-up)
An explorative organization is one that actively promotes a culture of curiosity, experimentation, and innovation, seeking new opportunities and ideas to drive growth and adapt to changing circumstances.

Exploitative
(operation, top-down)
An exploitative organization is one that engages in unethical practices to benefit itself, often at the expense of individuals, resources, or the environment, without regard for fairness or long-term consequences.

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10
Q

What drives structure? (2)

  • Name for each point two examples (efficiency / flexibility)
A
  • Environment
    (stabile / turbulent)
  • Strategy
    (cost leadership / differentiation)
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11
Q

Name two elements of strong cultures!

A
  • Charismatic leaders
  • Shared values
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12
Q

Why would you need culture in a company?

A

● Helps in controlling

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13
Q

Which structures are designed to create organizational charts? (3)

A
  • Functional
  • Divisional
  • Matrix
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14
Q

Which structure is displayed in the organigram?

A

Matrix organigram (Projects)

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15
Q

Which structure is displayed in the organigram?

A

Divisional organigram (Dividions)

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16
Q

Which structure is displayed in the organigram?

A

Functional organigram (Fuctions)

17
Q

Eselsbrücke für “ambidextrous” (2)

A
  • Am Bidextrous” - Stell dir vor, du hast zwei Hände (bi = zwei) und du kannst mit beiden Händen gleichermaßen gut arbeiten.
  • “Ambidextrous” bedeutet, dass jemand in der Lage ist, sowohl mit der rechten als auch mit der linken Hand gleichermaßen geschickt zu sein.
18
Q

Define formal organization, formalization, and structure! (3) X

A

Formal organization:
Codified structures

  • Formalization:
    Extent of written rules & procedures

Structure:
Formalized patterns of interactions
that link organization’s people and jobs

19
Q

Name two advantages and one disadvantage of functional organization structure! (3) X

A

● High centralization = Coordination
● Efficient use of talent
● Disadvantage: Difficult to set uniform performance standards

20
Q

Name one advantage and one disadvantage of a matrix organization! (2) X

A

● Advantage: Specialized personnel and equipment
● Disadvantage: Can cause intense power struggles

21
Q

Name two comparative characteristics of ambidextrous organizations! (7x2) X

A
22
Q

What drives structure? Name for each point two examples (2x2) X

A

ETH: Introduction to Management (14 decks)

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