13919088
Description
Flashcards by Christian Weibel, updated more than 1 year ago
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Created by Christian Weibel
over 6 years ago
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| Question | Answer |
| Organic structure? | - Model of self organization - Peer to peer operating system - Roles defined around work, not people - Increases transparency - Authority is decentral - Empower individuals |
| When to use mechanistic structure? | - Cost efficiency critical - Very large organizations - Standardized products - Stable and certain external environment |
| When to use organic structure? | - Innovation critical - Smaller firms - Customized products in a flexible setting - Dynamic, complex, and uncertain environment |
| What is organizational culture? | - Personality of the company - Basic beliefs and assumptions |
| Key cultural elements | - Values - Rules of conduct - Vocabulary - Methodology - Rituals - Myths and stories |
| 4 prototypical organizational cultures | 1. Process culture 2. Tough guy / macho culture 3. Work hard, play hard culture 4. Bet-the-company culture |
| Process Culture | - Little or no feedback - Concentrate on how things are done - Tight hierarchy - Bureaucracy --> Gemeindeverwaltung |
| Tough guy, macho culture | - Competitive individualists - High personal risk - Quick feedback - Short term orientation --> Consulting |
| Work hard, play hard culture | - Fun and action - Low risk-taking, quick feedback - Action-oriented - Customer focus, sales orientation |
| Bet the company culture | - Big stakes decisions - High risk, slow feedback - Clear hierarchy - Technological breakthroughs |
| Elements of an entrepreneurial culture | - Focus on people and empowerment - Value creation through innovation and change - Learning from failure - Collaboration and teamwork - Emphasis on future - Sense of urgency |
| Challenge of entrepreneurial culture | Balance between individualism and collectivism --> somewhere in the middle |
| What means management support? | - Active encouragement - Provision of resources - Openness toward ideas and suggestions |
| What means work discretion? | - Freedom and decision making latitude for employees - Ability to follow own ideas - Less bureaucracy |
| What means rewards & reinforcement? | - Recognition entrepreneurial behavior - Entrepreneurship-oriented assessment of performance |
| What means time availability? | - Amount of time available to fulfill tasks - Danger: Getting stuck in daily operations |
| What means organizational boundaries? | - Performance expectations - Clear guidelines and objectives - Transparent criteria |
| Multi-Step Modell of creating an Entrepreneurial Organization | 1. Develop a vision and strategy 2. Create a culture of innovation 3. Develop organizational support 4. Reward according to results |
| 1. Develop a vision and strategy | - Develop mission statement - Entrepreneurship as central business |
| 2. Create a culture of innovation | - Important role of top management - Empowering of employees - Right to make mistakes |
| 3. Develop organizational support | - Integrate the new - Balance separation and integration - Space to develop |
| 4. Reward according to results | - Incentivize entrepreneurial initiatives - Non-financial incentives in addition - Moderate downside risk |
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