Strategy in Companies That Compete in a Single Industry SYNOPSIS OF CHAPTER Chapter 12 examines how managers can best implement their strategies in single-industry firms in order to achieve a competitive advantage and superior performance. First, the main elements of strategy implementation—structure, control systems, and culture—are analyzed in detail, focusing on the way they work together to create an organizing framework. Then the chapter turns to the topic of using structure, control, and
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American Journal of Industrial and Business Management, 2013, 3, 229-236 http://dx.doi.org/10.4236/ajibm.2013.32028 Published Online April 2013 (http://www.scirp.org/journal/ajibm) 229 Organizational Structure: Influencing Factors and Impact on a Firm Quangyen Tran1,2, Yezhuang Tian1 School of Management, Harbin Institute of Technology, Harbin, China; 2National Economics University, Hanoi, Vietnam. Email: yentq@neu.edu.vn Received November 3rd, 2012; revised December 17th, 2012; accepted
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Organizational Structure Paper Susie Kelly MGT 230/ W.Brittain October 4 2012 Organizational structure is very helpful in providing information on the formal structure and what the chain of command is for a company. For a hotel there is no one standard organizational structure. Structures differ from hotel to hotel based on size and type of the property. The purpose of having organizational structure is to provide guidance
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Every organization has a structure in place that defines the hierarchy and workflow in it. The organizational structure for a company is usually defined keeping business environment and vision in focus. The challenge arises when a company makes a transition to a new business model keeping in view the long term sustainability. The paper explains that there are primarily five major categories of organizational structures, out of which almost all the time one is adopted by a company. We cannot ignore the
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Introduction Cyber Software Inc.’s CEO, Joseph Jackson, is worried about the expansion and future of the company. Previously one of their clients, Baltimore City Government, was hacked giving the hacker(s) access to over hundreds of client’s credit cards. Even with Cyber Software Inc.’s quick action, two hundred and seventy five individuals were still affected. Worried about the wellbeing of the company, Mr. Jackson is looking to revise their current vision and mission, as well as restructure their new
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Organisational structure Organizational structure refers to both the formal and informal frameworks that shape how a business is operated. An organization structure determines how employees are grouped together and plays a large role in a firm’s success. Choosing a structure is not a one-size-fits-all decision, and business owners must select the model that best suits the needs of their organization. Traditionally, many organisations have been in the form of a Pyramid structure. Most responsibility
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Organizational Structures (Author’s name) (Institutional Affiliation) Date Introduction The organization of corporate structures is important in the allocation of duties and roles, supervision of employees at the workplace as well as the efficient coordination of workflow in an organization. These plans form the basis of effective operations of any company’s projects, and give accurate insights on the exploration of the minimal resources available to an organization’s disposal. Besides,
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Google is an American internet company founded in 1998 by two PhD students namely Larry Page and Sergey Brin. Although the company has other subsidiaries, it mainly specializes in internet related products and services. Some of the products and services offered by the company include cloud computing, online advertising, internet search, and software among others. The two founders own retained sixteen percent of the company’s totals shares after its initial public offer held in 2004 (Schawbel, 2013)
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different organisational structures Organisational structure Organizational structure provides a backbone upon which all of a company's operational policies and work processes are built. Managerial reporting relationships and the flow of ideas, decisions and information are formally laid out by a company's organizational structure. Structures can be relatively flat or tall; taller structures tend to operate more bureaucratically. No single organizational structure is inherently better than
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Ltd.: Bane or boon Indian Communications Ltd. had been a zero debt company since start. Of late, shareholders of the company were pressurizing to include debt in the capital structure as shareholders competitor company were getting a higher yield on account of financial leverage. The shareholders’ movement from Indian Communications has resulted in decline in the market price of the company. The board of the company was under a dilemma- should they go for debt not? If they went for debt
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