Organization design and structure are important aspects of strategy implementation. Different types of organizational structures include functional, divisional, and matrix structures. The degree of specialization, formalization, centralization, and other design elements must be considered to align the organization with the competitive strategy. Innovation, whether incremental, radical, or disruptive, is a key driver of competitive advantage and industry evolution over time. Executives play an important strategic leadership role in guiding organizational change and overcoming barriers like active inertia to pursue new opportunities.
Organization design and structure are important aspects of strategy implementation. Different types of organizational structures include functional, divisional, and matrix structures. The degree of specialization, formalization, centralization, and other design elements must be considered to align the organization with the competitive strategy. Innovation, whether incremental, radical, or disruptive, is a key driver of competitive advantage and industry evolution over time. Executives play an important strategic leadership role in guiding organizational change and overcoming barriers like active inertia to pursue new opportunities.
Organization design and structure are important aspects of strategy implementation. Different types of organizational structures include functional, divisional, and matrix structures. The degree of specialization, formalization, centralization, and other design elements must be considered to align the organization with the competitive strategy. Innovation, whether incremental, radical, or disruptive, is a key driver of competitive advantage and industry evolution over time. Executives play an important strategic leadership role in guiding organizational change and overcoming barriers like active inertia to pursue new opportunities.
Strategy Implementation concerns the organizations, coordination, and integration of Differentiation strategy is to create a how works gets done. competitive advantage by offering products or services Organization design is the process of creating, implementing, monitoring and modifying the Integration strategy requires reconciliation of structure. the trade-offs between differentiation and low cost. Specialization describes the degree to which a task into separate jobs that is the division of 13 labor. Innovation is a powerful driver in the Formalization Captures the extent to which competitive process. Redefine the marketplace employee behavior is controlled by explicit and Consciousness knows the strategy and believes codified rules and procedures. they can play a part in achieving it Centralization degree to which decision making Multiplicity teams and group contain a wide is concentrated at the top of the organization. and creative mix Decentralized organization decisions are made Invention describes the discovery of new and problems are solved by empowered lower- product, process, or idea. level Industry life cycle four distinct stages Hierarchy Position-based reporting lines and this stipulates who reports to whom. Entrepreneurship describes the process by which people undertake economic risk. Mechanistic organization are characterized by a high degree of specialization and formalization, Entrepreneurs Innovate by commercializing and a tall hierarchy that relies on centralized ideas and inventions decision making Strategic entrepreneurship describes pursuit of Organic organization is an organization form innovation from strategic management. characterized by a low degree specialization and formalization Incremental innovation squarely builds on the firm’s established knowledge base Simple structure is used by small firms with low organization complexity. Radical innovation draws novel methods or materials Functional structure employees into distinct functional areas based on domain expertise. Architectural innovation where a new product which known component, based on existing Multidivisional structure into different product technologies lines and geographies Discontinuities periods of time in which the Implementation is a critical step in putting a underlying technological standards changes. planned action into effect. Paradigm shift a situation in which a new tech Functional structure allows for a higher degree revolutionizes and existing industry of specialization and thus deeper domain expertise Hypercompetition is a situation in which competitive intensity has increased
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Strategic leadership refers to behavior and
styles of executives that influence other to achieve organizational goals. Executives who have overall responsibility for the performance
Active inertia occurs when managers respond
disruptive change by repeating and usually accelerating activities
Goals setting goals for both overall coaching
relationship
Reality exploring current position of the learner
Options generating strategies
Will/what deciding what is to be done
Trust is fundamental because
Emotional intelligence is the ability to
understand your own emotions
Seven habits of highly effective people, by
Stephen covey
Interpersonal role acts figurehead, liaison and
leader
Informational role acts as monitor,
disseminator, and spokesperson
Decisional role acts as entrepreneur,
disturbance handler, resource allocator and negotiator.