Introduction Organization 1
Introduction Organization, TUM, BWL.
Introduction Organization, TUM, BWL.
Set of flashcards Details
| Flashcards | 12 |
|---|---|
| Language | English |
| Category | Micro-Economics |
| Level | University |
| Created / Updated | 25.04.2013 / 28.01.2014 |
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Organizations are characterized by several features..
Social Systems
Networks of individuals and contracts
Contain rules and regulations
are goal oriented
Divide and coordinate labor
The most important ideas of Organizations implicit in these features: 3
Oraganizations are made of people and structure
Organizations divide and coordinate
Organizations pursue shared goals and objectives
Organizations fulfill many different tasks, for example 4
Facilitate complex innovation
Bring together and coordinate resources
Produce goods and services efficiently
Create value for stakeholders
Organizations as systems that create value
External environment
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Processes
>Inputs >Transformation >Outputs
Subsystems
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3 Levels of effectiveness
Indivedual effectiveness
Group effectiviness
Organizational effectiviness
Causes of individua effevtiveness
Ability, Skills, Knowledge, Attitude, Motivation, Stress
Causes of Group effevtiveness
Cohesiveness
Commitment
Leadership
Structure
Roles
Norms
Causes of Organizational effevtiveness
Enviroment
Technology
Strategic choices
Structures
Processes
Culture
What is Theory from Roland Coase?
clarification of the significance of transaction costs and property rights
Why do organiuations exist?
Basic dilemma
New dilemma
Basic dilemma: unlimited needs vs. limited resources
> Solution: Division of labour & specialisation
New dilemma: Coordination (and motiavation) of labor parts
>Solution Cnatracts, organizational design, management & leadership
What are the central management problems
Lack of knowledge (coordination problem)
Lack of motivation (motivation problem)
the lack of knowledge and the lack of motivation as central management problems
Division of labor & specialization <> productivity gains
Coordination& Trading motivation <> ressource consumption
Goal > Maximise the overall effect
But > lack of knowledge and lack of motivation
