T6 DQ1v2

docx

School

Grand Canyon University *

*We aren’t endorsed by this school

Course

805

Subject

Management

Date

Nov 24, 2024

Type

docx

Pages

Uploaded by BauerKingston2025

In what ways might the mindset or rapid adaptation of organizational structures most significantly influence management and management practices? Why? Organization’s management practices and capabilities are enabled by the organization’s design and structure. An organization’s learning, information sharing, and innovation capabilities (Hao et al., 2012) as well as an organization’s ability to achieve efficiency and cost-savings through process management, empowerment to make decisions, and the ability to be agile (Csaszar, 2012) are influenced by its organizational structure. In order to attempt to stay ahead of or respond with agility to rapidly changing economic, technological, competitive, and political conditions, organizations should design their decision- making structure to balance agility and risk. The more centralized decision-making is and the more people that are involved in approving project decisions, the fewer decisions are made or approved, and the greater the cost of missed opportune choices (Csaszar, 2012). The more decentralized decision-making is and the fewer people that have to approve decisions, the more projects are accepted, but the higher the cost from choosing the poor projects (Csaszar, 2012). To balance opportunities and risk, organizations should empower managers to make decisions appropriate for their role level, and the bounds of the scope of the decision-making authority should be clearly defined. Additionally, to support effective decision making, organizations should have strategic pillars, goals and KPIs that have clear alignment from the top down and across functions, and also by clearly defining the processes for decision-making. References Csaszar, F. A. (2012). Organizational structure as a determinant of performance: Evidence from mutual funds. Strategic Management Journal, 33(6), 611-632. doi:10.1002/smj.1969 Hao, Q., Kasper, H., & Muehlbacher, J. (2012). How does organizational structure influence performance through learning and innovation in Austria and China?. Chinese Management Studies, 6 (1), 36-52.

Discover more documents: Sign up today!

Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:

Access to all documents
Unlimited textbook solutions
24/7 expert homework help

Related Documents

Which of the following statements best defines progressive disciplin1.docx

SHBN5.docx

order 4551763.docx

MGT435 Week 2 Discussion 1.docx

rolls royce paraphrase 2.docx

1996 Mount Everest Disaster and Teamwork Factor Essay.docx

Screenshot 2023-12-02 at 12.37.33 PM.png

11252023!@#$%^&()-_=+12345678.docx

MGMT 2020_Lecture 8_Strategic Management - Case study.pdf

Performance-agreement-template.pdf

small business case study assignment part 4 .pdf

Expansion Project Budget.docx

Recommended textbooks for you

Management, Loose-Leaf Version

Management

ISBN:9781305969308

Author:Richard L. Daft

Publisher:South-Western College Pub

Understanding Management (MindTap Course List)

Management

ISBN:9781305502215

Author:Richard L. Daft, Dorothy Marcic

Publisher:Cengage Learning

MARKETING 2018

Marketing

ISBN:9780357033753

Author:Pride

Publisher:CENGAGE L

Principles of Management

Management

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax College

SEE MORE TEXTBOOKS

Recommended textbooks for you

Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning
MARKETING 2018
Marketing
ISBN:9780357033753
Author:Pride
Publisher:CENGAGE L
Principles of Management
Management
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax College