Chapter 3, 5 And 6 Flashcards
What is planning
Deciding what to do and how to do it
What is strategic management
Leading and managing an organization through change
What is strategic planning
Developing steps for an organization to accomplish its mission and Vison
The strategic planning approach
Environmental assessment, organizational direction, strategy formulation and transition to implementation
What is SWOT analysis with organizational assessment
Strengths, weakeness, opportunities and threats
What is project management
Guiding project work to accomplish intended outcomes
What is contingency planning
Alternative plans if things don’t go as planned
Four forms of organization structures used by organizations
Functional structure, Divisional structure, Matrix structure and Virtual network structure
What is functional structure
Organizing departments and workers according to their functions and abilities
What is divisional structure
Organizing departments and positions to focus on particular groups of customers
What is the matrix structure
It combines both the functional and divisional structure and uses vertical and horizontal authority to manage workers
What is virtual network structure
Organizes work by outsourcing to a network of other organizations through interpersonal relationships
What is a multidisciplinary team
Work to achieve discipline focused goals
What is a interdisciplinary team
Works to achieve shared goals
Structure of groups and teams for group performance
Purpose, size, membership, relation to organizational structure, authority, leader, culture
