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Samenvatting artikelen week 2 Strategic Organization UvA (Mastervak) $4.81
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Samenvatting artikelen week 2 Strategic Organization UvA (Mastervak)

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2.1 Eisenhardt, K. M. 1985 2.2 Bowles, S. 2008. 2.3 Bridoux, F., Coeurderoy, R., and Durand, R. 2010 2.4 Lazega, E. 2000. 2.5 Alvesson, M. and Kärreman, D. 2004.

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  • March 23, 2013
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By: mark1892 • 1 year ago

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Strategic Organization

Week 1: Waarom bestaan bedrijven?
Week 2: Menselijke motivatie and motivatie systemen
Week 3: Besluitvorming
Week 4: Coordinatie van bedrijven
Week 5: Verticale integratie
Week 6: Diversificatie

Meeting 2: Human motivation and the design of motivational systems

Control is a very important facet of organizational design. In essence it’s checking one’s
performance in order to correct behaviors if necessary.
a. Establishing objectives and standards (outputs or inputs)
b. Measuring actual performance
c. Comparing the actual performance with the objectives and standards
d. Taking corrective actions if needed

Control can be used as motivational system; strategic planning, training, performance
appraisal, just-in-time scheduling, many financial management activities, management-
by-objectives.
 What is monitored and rewarded?
 At what level?
 What type of rewards or sanctions?

Type of reward can be classified in multiple ways; Input/behavior/action control –
output control – clan and social control.

Article 1: Eisenhardt, K. M. 1985. Control: Organizational and economic
approaches. Management Science, 31:134-149.

Economic approach - Agency Theory – 5 assumptions
 Bounded rationality
o Complete contract is impossible
 Self interest
o If the agent isn’t monitored they shirk
o All sources of motivation are monetary
 Objectives of the principal and the agent are in conflict
 Information can be purchased
 Agent is more risk averse than the principal (who can diversify)

Goal of agency theory = to find a contract between principal and an agent tha tis most
efficient in solving the following problems:
 Motivate the agent to pursue the principal’s objectives
o Monitor the agents behavior (Hierarchy – firm)
o Monitor the agents output (Price – market)
 Share risk when the agent is more risk averse than the principal
o Agent’s outcome is usually only partly the result of the agent’s effort

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