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34 Cards in this Set
- Front
- Back
Strategic Planning
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A process used to determine how best to pursue the organization's mission while meeting the demands of the environment in the near or long term.
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Near Term
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Next year or two
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Long Term
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Next 5 to 10 years.
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Pro Active Strategy
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Focuses on the longer term, and its process is more formalized, typically involving sophisticated analytical and decision making tools.
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Reactive Strategy
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Less formal analysis and planning occur and more attention is focused on the immediate future.
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Organizational Strategy
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Provides the direction for HR's strategic objectives.
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Mission Statement
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Articulates why the organization exists.
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Competitive Strategy
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Focuses on positioning the company's products or services in the marketplace.
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Types of Competitive Strategy
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1. Market Leader
2. Cost Leader |
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Market Leader
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A strategy is to find and exploit new product and market opportunities. Known as prospectors and innovators.
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Cost Leader
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Main goal is to be the low cost provider in the industry. Known as the defender strategy.
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External Environment
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Consists of elements outside the organization that influence the org's ability to achieve its mission. Such as:
1. Competitors 2. The economy 3. Societal norms and values 4. Laws and regulations 5. Raw materials. 6. Suppliers. 7. Technological innovation. |
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What 2 Factors determine Environmental uncertainty?
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1. Complexity
2. Stability |
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Environmental Complexity
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Refers to the number of factors in the environment and the degree to which they are interrelated.
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Environmental Stability
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The rate at which key factors in the environment change. The more rapid the change the more unstable.
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Internal Strategy
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Aligning the internal environment with a strategy. This provides direction for internal systems
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Core Technology
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The main activities associated with producing the org's principal products and services.
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Routine Technology
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Tasks with outcomes that are highly predictable, demonstrate few problems, and use well structured and well defined solutions when problems do occur.
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Non-Routine Technology
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Tasks that are hard to predict, problems that occur often and unexpectedly, and solutions to problems that are not readily available and need to developed on a case by case basis.
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Organizational Structure
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Refers to how a firm is organized (how labor is divided) in addition to the rules, policies, and procedures used for making decisions and coordinating its various activities.
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Organizational Design
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The number and formality of rules, policies, and procedures created to direct employee behavior.
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Mechanistic Design
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An org with highly defined tasks, rigid and detailed procedures, high reliance on authority, and vertical communication channels.
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Organic Design
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An org with flexibility in its rules and procedures, loosely defined tasks, high reliance on expertise, and horizontal communication.
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Decision Autonomy
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The amount of authority given to employees in deciding how to complete a task and the degree to which they are able to influence goals and strategies.
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Division of Labor
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The way in which the work of the org is divided among the units and organized.
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Line
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Those employees that work directly with the core technology.
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Staff
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All employees besides line employees.
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Organizational Development
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Deals with creating and implementing planned change.
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Org's must resolve what 3 issues in developing and implementing strategy.
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1. Technical design issues.
2. Cultural/ideological issues. 3. Political issues. |
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Technical Design Issues
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Arise in relation to how the product or service will be determined, created, and delivered.
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Cultural/ideological Issues
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Relate to the shared beliefs and values that employees need to hold for the strategy to be implemented effectively.
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Political Issues
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Result of shifting power and resources within the org as the strategy is pursued.
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What 3 levels should be addressed when internal change is planned.
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1. The org itself.
2. Groups and the interrelationships. 3. Individuals within groups. |
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Force Field Analysis
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Any situation can be explained by the sets of counter balancing forces that hold it in place.
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