Adapting Organizations to Today's Markets Lecture PDF

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Sepideh Mahdikhani Dr. habil Madai Hajnalka

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organizational management organizational theories organizational structures business management

Summary

This lecture covers the principles of organizational management, comparing different theories, and structuring organizations in today's market. It also discusses the latest trends and Weber's principles in an organizational setting.

Full Transcript

Adapting 6 Organizations to Today's Markets Sepideh Mahdikhani Dr. habil Madai Hajnalka chapter’s goal basic principles of organizational management comparing the organizational theories structuring organizations organizational models Organization ma...

Adapting 6 Organizations to Today's Markets Sepideh Mahdikhani Dr. habil Madai Hajnalka chapter’s goal basic principles of organizational management comparing the organizational theories structuring organizations organizational models Organization management is happening today to American businesses? they are adjusting to changing markets normal function in capitalist economy big winners vs. big losers: Google, Facebook, etc. the key to success: remaining flexible and adapting to the changing times sensation What are the Structuring an organization: division of labor (job specialization) set up teams or departments principles of (departmentalization) assign responsibility and authority Allocate resources: organization such as funds assign specific tasks establishing procedures for accomplishing management? the organizations objectives Managers have to make ethical decisions about how to treat workers. Weber’s principles pyramid-shaped organization structure put great trust in managers and felt the firm would do well if employees simply did what they were told for the employees the less decision making they had to do, the better reasonable way to operate if you are dealing with relatively uneducated and untrained workers (such was generally the case at the time Weber was writing) job description written rules, decision guidelines consistent procedures, regulations, and policies promotion based on qualifications pyramid-shaped organization structure What are the four major choices in structuring organizations? Way to departmentalize What are the latest trends in structuring? departments are often replaced by matrix organizations cross-functional teams that decentralize authority the span of control become larger as employees become self-directed eliminate managers and flatten organizations THANK YOU FOR YOUR ATTENTION

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