Holacracy - Answer-Decision making is distributed through loose collections or circles of self-organizing teams
Organizational design - Answer-Creating, implementing, monitoring and modifying the structure, processes and procedures of an organization (effectively translate chosen strategy into r...
WPC 480 Ch 11 Exam Questions and
Answers
Holacracy - Answer-Decision making is distributed through loose collections or circles of
self-organizing teams
Organizational design - Answer-Creating, implementing, monitoring and modifying the
structure, processes and procedures of an organization (effectively translate chosen
strategy into realized one)
Number one reason boards fire CEO - Answer-Inability to implement strategy
Inertia - Answer-firm's resistance to change in status quo which can lead to failure
Pattern for successful firms - Answer-1. mastery of current environment
2. success financially
3. structures/measures to accommodate/manage size
4. organizational inertia that minimizes opportunity and challenges
Organizational structure - Answer-Key to determining how the work efforts of individuals
and teams are orchestrated and resources are distributed (key blocks: specialization,
formalization, centralization, hierarchy)
Specialization - Answer-Degree to which a task is divided into separate jobs
Formalization - Answer-Captures extent to which employee behavior is steered by rules
and procedures
Centralization - Answer-Degree to which decision making is concentrated at the top of
the organization
Hierarchy - Answer-Determines formal position-based reporting lines and thus stipulates
who reports to whom
Span of control - Answer-Number of employees that directly report to a manager
Mechanistic Organization - Answer-High degree of specialization and formalization and
by tall hierarchy that relies on centralized decision making
Organic organization - Answer-Low degree of specialization/formalization, flat
organization structure and decentralized decision making
Simple structure - Answer-Founders tend to make all important strategic decision as
well as run day to day operations
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