Bus 690 Unit 3 Exercise 1
ROTHAERMEL EXERCISE 3
BUSI 690
Discussion Question 11.1
It is important because strategies often change over time while structures are usually much more static. Strategies are almost always constructed within a boardroom. On the other hand, a structural change can be directed by the board, but is always implemented throughout the organization. This becomes more difficult when a company has strategic or structural changes imposed upon it. When a company’s structure is not aligned with its strategy your organization is effected as if your automobile was not in alignment. Misalignment often causes wasted energy, unnecessary wear-and-tear on the organization and personnel, fractured resources, and higher operating costs. Richard Daft …show more content…
Teams that are flexible and well versed in several areas are able to work with many subjects and ideas and cross them into other categories of business for potential uses. This allows technology and innovation to shine and thus the products that are created are all forward thinking.
Norms at Gore, or the appropriate employee attitudes and behaviors, would be open communication, working with colleagues from all areas of the company, and feeling as if you and your coworkers are all equals. Gore treats all employees fairly, creates no job titles and encourages employees to help and teach one another.
Discussion Question 12.1
In order to prevent managers from working toward their own self-interests- firms should design work tasks, incentives and employment contracts, and other control mechanisms. This should be done in a way that would minimize the opportunity for the agents of the company to direct themselves toward self-interest. This needs to be done at the same time as making the agents maximize profits for stakeholders. In order to accomplish this information asymmetry must be eliminated by creating government mechanisms for the agents and principals of the
BUSI 690
Discussion Question 11.1
It is important because strategies often change over time while structures are usually much more static. Strategies are almost always constructed within a boardroom. On the other hand, a structural change can be directed by the board, but is always implemented throughout the organization. This becomes more difficult when a company has strategic or structural changes imposed upon it. When a company’s structure is not aligned with its strategy your organization is effected as if your automobile was not in alignment. Misalignment often causes wasted energy, unnecessary wear-and-tear on the organization and personnel, fractured resources, and higher operating costs. Richard Daft …show more content…
Teams that are flexible and well versed in several areas are able to work with many subjects and ideas and cross them into other categories of business for potential uses. This allows technology and innovation to shine and thus the products that are created are all forward thinking.
Norms at Gore, or the appropriate employee attitudes and behaviors, would be open communication, working with colleagues from all areas of the company, and feeling as if you and your coworkers are all equals. Gore treats all employees fairly, creates no job titles and encourages employees to help and teach one another.
Discussion Question 12.1
In order to prevent managers from working toward their own self-interests- firms should design work tasks, incentives and employment contracts, and other control mechanisms. This should be done in a way that would minimize the opportunity for the agents of the company to direct themselves toward self-interest. This needs to be done at the same time as making the agents maximize profits for stakeholders. In order to accomplish this information asymmetry must be eliminated by creating government mechanisms for the agents and principals of the