welcome to class mt460 mgmt policy & strategy wednesdays, 7-8pm cdt online seminar professor...
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Welcome to Class
MT460 Mgmt Policy & Strategy
Wednesdays, 7-8pm CDTOnline Seminar
Professor Tammy Madsen
Agenda• Unit 8 Organizational Structure,
Leadership, and Culture• No Unit 8 Assignment• Unit 9 Final Project• Questions??
Learning Objectives• Identify various traditional
organizational structures.• Explain ways improvements have been
sought in traditional organizational structures.
• Describe how outsourcing can create agile, virtual organizations .
• What is good organizational leadership?• Describe ways leaders can influence
culture.
Unit 8 Organizational Structure, Leadership, and
Culture Identify various traditional organizational
structures.Defined: the formalized arrangement of interaction
between and responsibility for the tasks, people, and resources in an organization (Pearce & Robinson, 2011) i.e. organizational chart
1) Simple - Owner-based, few employees, tasks, responsibilities, & communication highly informal
2) Functional - Functional groups tasks, people, & technologies
3) Divisional - Strategic business unit (SBU)
4) Matrix - Personnel functional and staff, assigned to both basic function & project / product
5) Product-Team - Product or process teams with primary responsibilities i.e. R&D, engineering, sales and marketing, finance, & operations
Explain ways improvements have been sought in traditional organizational structures.
o Trends affecting organizations in the 21st Century Globalization Internet Speed
Redefine the role of corporate HQ from control to support, coordination
Balance demands of control/differentiation w/ coordination/integration
Restructure to emphasize and support strategically critical activities
Reengineer strategic business processes Downsize and self-manage
Unit 8 Organizational Structure, Leadership, and
Culture
Describe how outsourcing can create agile, virtual organizations.Agile organization defined: identifies a set of business capabilities central to high-profitability operations & builds virtual organizations around those capabilities (Pearce & Robinson, 2011)Virtual organization defined: temporary network of independent companies – suppliers, subcontractors – linked by info tech to share skills, access to markets, & costs (Pearce & Robinson, 2011) Outsourcing defined: obtaining work previous done by inside employees from sources outside the company (Pearce & Robinson, 2011)
Modular OrganizationSelf-contained companies contribute primary support
activity. Business Process Outsourcing (BPO)
Rapidly growing segment in services industry worldwide.
Unit 8 Organizational Structure, Leadership, and
Culture
Unit 8 Organizational Structure, Leadership, and
Culture What is good organizational leadership?
Qualities:• Embrace change & gain commitment to implement
strategy• Clarify strategic intent of where they will lead the
company and what results they expect to achieve• Build the organization
• Education and leadership development of next level org leaders
• Perseverance – staying committed when others would give up
• Principles – fundamental personal standards, i.e. honesty, integrity, and ethical behavior
Unit 8 Organizational Structure, Leadership, and
Culture Describe ways leaders can influence culture. Passion – motivated sense of commitment for
what you do Use reward systems, symbols, and structure Depend on managers to execute strategy Beyond pay…
Building
Carrot Cultureat work
Unit 9 Final Project: Strategic Plan
• Assignment ChecklistDetermine the elements of strategic
control.Evaluate the balanced scorecard
approach and how it integrates strategic and operational control.
Determine what is meant by continuous improvement and how it contributes to incremental innovation.
Unit 9 Final Project: Strategic Plan
1. Address Assignment Checklist Requirements2. Use the Case Study template in Doc Sharing3. PowerPoint Presentation4. At least 10-12 slides5. Use the Notes Section for your talking points6. Cite your sources
In-text citations Reference page
6. Submit in Dropbox Unit 9 Assignment beforeTuesday, September 4 at 11pm CDT
Unit 9 Final Project: Strategic Plan
What should I have completed by now?• Identify your company
**you must be able to find research and information on this company either via the Internet or a local newspaper / magazine publication**
• Begin conducting your research• Background on products, services, customers• Mission and vision statements• What is the current organizational strategy?
• Get started on your presentation• Create an outline• Use the presentation format• What would you say? Use the notes section• Include a Reference page for your research
Unit 9 Final Project: Strategic Plan
Guidelines: Strategic Plan (slide titles)1) Introduction2) Background3) Mission & Vision Statement4) Internal & External Analysis5) Long-term Objectives6) Strategy Analysis & Choice7) Plan Goals & Implementation8) Describe Success Factors9) Controls & Evaluation10)Conclusion11)References
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