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Characteristics of 'organic' verses 'mechanistic' organisations
Organic
Mechanistic
Management Style
Participative and democratic
Autocratic and lack of consultation
Control
Informal and decentralised
Formal and centralised
Communication
Lateral
(all direction)
Vertical
(up and down)
Change
Flexible and adaptive
Inflexible and slow to change
Structure
Flat chain of command e.g. Matrix/Team/ entrepreneurial
Tall chain of command and clearly defined roles
Environment
Dynamic/Uncertain
Stable/Certain
Outcome
Creative
Efficient
is formal planning hinder for success
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Four perspectives of the balanced scorecard Customer perspective e.g. what should we do right for our customers and what do they value? Internal perspective e.g. what
1. Monitor the performance of a team against given objectives 2. Recommend how to better performance against given objectives.
Explain What still matters in strategic management lies in the value of planning? Ans) There is an old saying that if you fail to plan, you are planning to fail. By acting on th
Describe the situation facing Mensa at time of the case. This should include major issues facing the company and the decisions that need to be made.
a) What can you say about GOOD Y and GOOD X (a good can be an item, a commodity, etc.). Name a pair of good X and good y that can show this kind of relationship. b) Is the relati
what is that
Q. Evaluate Total shareholder return? Total shareholder return (TSR) TSR = {(Dividend per share + Growth in share price) / (Market share price at the start of the period)
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