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3 Cards in this Set
- Front
- Back
Global Strategy |
Good for scale. We are becoming more homogenous, less barriers to enter markets because we all like the same things. Benefits: cost, learning, exploiting knowledge. Downsides: potential local preferences, administrative differences, geographical differences and economic differences |
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Structure follows strategy or strategy follows structure |
Structure follows: the organisation is a vehicle to realise the strategy that was decided. Strategy follows: strategy is something that happens in everyday activities, not a rational top down approach. |
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Fundamentals for organisations |
Two requirements Division of labour into various tasks (what are we going to do) and coordinating of these tasks. (When are we doing it, harmonization and timing) |