Chapter 5 Flashcards
Strategic Drift
is the tendency for strategies to develop on the basis of historical and cultural influences but fail to keep pace with a changing envrionment
Path Dependency
is where early decisions establish policy paths that have lasting effects on subsequent decisions
The Organizational Field
a community of organisations that interact more frequently with one another than with those outside the field
Recipes
a set of assumptions, norms and routines held in common within an organisational field about the appropriate purposes field members.
What are Cultures 4 layers?
- Values
- Beliefs
- Behaviors
- Paradigm
The paradigm
set of assumptions held in common and taken for granted in an organisation
Strategies fail to keep pace with environmental change because
- requires moving away from strategies that have been successful
- tendency to stick to the familiar
- ingrained routines are difficult to change
- reluctancy to disturb relationships with customers, suppliers…
- financial performance of organization may hold up initially ( due to loyal customers or cost cutting )
A period of flux involves
- no clear direction
- conflict
- internal disagreement
- declining performance and moral
- . alienated customers
Legitimacy
meeting the expectations within an organizational field