MNGT 5000 Final Flashcards
(94 cards)
What does a conventional organizational chart look like?
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the organization is composed of many different units that work on different kinds of tasks, using different skills and work methods.
Differentiation *
these differentiated units are put back together so that work is coordinated into an overall product
Integration *
The assignment of different tasks to different people or groups
Division of labor
A process in which different individuals and units perform different tasks
Specialization
The procedures that link the various parts of an organization for the purpose of achieving the organization’s overall mission
Coordination
The legitimate right to make decisions and to tell other people what to do.
Authority
The assignment of new or additional responsibilities to a subordinate
Delegation
How does delegation help orgs? How does it help indvs?
- Leverages managers’ energy and talent
- Allows managers to accomplish more than they could on their own
- Helps develop effective subordinates.
- Promotes a sense of being an important, contributing member of the organization, so employees tend to feel a stronger commitment, perform their tasks better, and engage in more innovation
An organization in which high-level executives make most decisions and pass them down to lower levels for implementation
Centralized organization
An organization in which lower-level managers make important decisions
Decentralized organization
Departmentalization around specialized activities such as production, marketing, and human resources.
Functional organization
Know divisional org
?
An organization composed of dual reporting relationships in which some managers report to two superiors—a functional manager and a divisional manager
Matrix organization
A collection of independent, mostly single-function firms that collaborate on a good or service
Network organization
A form of organization that seeks to maximize internal efficiency.
Mechanistic organization
An organizational form that emphasizes flexibility
Organic structure
Organizing around Core Competencies
Identify existing core competencies.
Acquire or build core competencies that will be important for the future.
Keep investing in competencies so that the firm remains world class and better than competitors.
Extend competencies to find new applications and opportunities for the markets of tomorrow
A formal relationship created among independent organizations with the purpose of joint pursuit of mutual goals.
Strategic alliance
An organization skilled at creating, acquiring, and transferring knowledge, and at modifying its behavior to reflect new knowledge and insights.
Learning organization
A type of organization in which top management ensures that there is consensus about the direction in which the business is heading
High-involvement organization
The planned elimination of positions or jobs
Downsizing
A successful effort to achieve an appropriate size at which the company performs most effectively
Rightsizing
A multifaceted process focusing on creating two-way exchanges with customers to foster intimate knowledge of their needs, wants, and buying patterns.
Customer relationship management (CRM)