Introduction to Organisational Structures Introduction Organisations are structured in a variety of ways, dependant on their objectives and culture. Structure allows the responsibilities for different functions and processes to be clearly allocated to different departments and employees. Organisation Structure and Business Success The wrong organisation structure will hinder the success of the business. Organisational structures should aim to maximise the efficiency and success of the Organisation.
Internal analysis helps us understand the organizational capability which influence the evolution of successful strategies. Many of the issues of strategic development are concerned with changing strategic capability better to fit a changing environment. However, looking at strategic development from a different perspective i.
Internal capabilities and process execution at times allow firms to gain competitive edge over competitors even with relatively lesser resources and lesser advantageous position.
Strategic thinkers explaining the RBV suggest that the organizations are collections of tangible and intangible assets combined with capabilities to use those assets. The factors of production used by firms in providing its customers with valuable goods and services are called assets.
These assets are of two types- tangible assets and intangible assets. Any physical means a firm uses to provide value to its customers form its tangible assets. Similarly, intangible assets are equally valuable for firms but their physical presence cannot be felt or seen.
For example, a brand name is a very important resource for any organization even though it is intangible. Few examples of Tangible and Intangible Assets: In order to take full advantage of its assets the organization needs to develop skills, as experience suggests that with similar assets two different firms may add value of different amount for themselves.
This difference can only be explained by the differences these organizations carry their capabilities in utilizing these assets. For example, in a sector like management education, in a typical segment you will find institutions more or less with similar resources and infrastructure, however, the quality of their output in terms of new professionals for business may be starkly different for different institutions.
This is greatly reflected in the type of organizations that pick them up for employment and the kind of job responsibilities they are offered. This difference in output can be explained on account of the skills which these institutions carry with themselves.
This position has been found true in case of many Indian companies as well as the multinational corporations. Competencies Most simply put, it refers to the ability to perform.
However, in order to have a better understanding of the concept, you need to understand first the resources, which are available to an organization and how they differentiate themselves as competencies or core competencies. Strategic Importance of Resources: Few examples may be buildings, machinery or operational capacity.
However, the specific condition and capability of each resource determines their usefulness. Knowledge and skill of people together prove to be a great asset.
Financial Resources of an organization may lie in capital, cash, debtors and creditors and providers of money.
Intangible resources include the knowledge that has been captured in patents, brands, business systems and relationships with associates.
In knowledge economy intellectual capital is considered as a major asset of many organizations. Figure-I Shows a relationship between the resources, competencies and the competitive advantage: This becomes inevitable because of the competitors and sometimes the new entrants.
We can think of many industries in India like automobile, durable goods, telecom etc. Just think of a big music stores like Planet M or the ones from RPG group, the scale and range of collection of music provides uniqueness to these stores as compared to any of the traditional music shop.
Some organizations have patented products or services that give them advantage for some service organizations, unique resources may be particularly the people working in that organization.You will apply important microeconomics concepts toward the competitive strategies of an organization that operates in an industry of your choice.
You will evaluate the differences between market structures and identify a group of competitive strategies consistent with the market structure that best aligns with the market in which the organization .
Describe the organizational structure of your selected organization. Compare and contrast that structure with two different organizational structures Evaluate how organizational functions (such as marketing, finance, human resources, and operations) influence and determine the organizational structure of your selected organization.
Explain how organizational . Organizational analysis or more commonly Industrial analysis is the process of reviewing the development, work environment, personnel, and operation of a business or another type of association.
This review is often performed in response to crisis, but may also be carried out as part of a demonstration project, in the process of taking a program to scale, or in the course of regular operations. A functional organization structure is a hierarchical organization structure wherein people are grouped as per their area of specialization.
These people are supervised by a functional manager with expertise in the same field. This expertise helps him effectively utilize the skills of employees, which ultimately helps organizations in achieving. What are the characteristics of an HR system designed to develop a capacity for organizational resilience?
To answer this question, we use the model depicted in Fig. 1, adapted from Lepak et al.
().This model consists of three components: HR principles, . Organisational Research Methodology - IOP; Under Graduate Degree,Diploma: Semester module: NQF level: 6: Credits: Module presented in English: Purpose: This module is intended for all people who are pursuing a career in the field of Industrial and Organisational Psychology or practitioners in the field of human srmvision.com purpose of learning in this module is to enable students to.