Friday, November 29, 2024

Implementing Strategy in Companies that Compete in a Single Industry

After reading this chapter, you should be able to :

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Understand how organizational design requires strategic managers to select the right combination  of organizational structure, control, and culture

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Discuss how effective organizational design enables a company to increase product differentiation, reduce its cost structure, and build competitive advantage

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Explain why it is so important that strategic managers keep the organizational hierarchy as flat as possible and what factors determine the way they decide to centralize or decentralize authority

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Explain the many advantages of a functional structure and why and when it becomes necessary to utilize a more complex form of organizational structure

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Differentiate between the more complex forms of organizational structure managers adopt to implement specific kinds of business-level strategies

 

 

Implementing Strategy in Companies that Compete Across Industries and Countries

LEARNING OBJECTIVES After reading this chapter, you should be able to: - Discuss the reasons why companies pursuing dif...