resource dependency theory Flashcards
focus RDT
to understand the behavior of organizations, one must understand how org relate to other social actors in their environment
what is an org in RDT
behvior is interlocked with org
environment in RDT
other social actors that possess and control resources
the autonomy-dependency dilemma
org, want to maximize discretion to modify actions but also need resources owned by other entities
level of external control depends on
importance of resource to a focal actor, inability to get resource elsewhere, visibility of behavior
strategies to minimize dependence on others and maximize dependence of others on you
buffering and bridging
buffering
stockpiling (storing materials), leveling (reduce fluctuations in and output), forecasting
bridging
contracting (agreement on future exchange), cooptation (incorporation of representatives in other boards), joint ventures (create new venture together)
cope with resource dependence manegerial
symbolic (of succes), responsive (respond to demands), descretionary (altering dependencies)
resource dependency theory
organizations depend on their environment for acquiring resources
cope with RD
scanning environment, loosening dependencies(diversification of activities), coping with conflicting external demands, designs for the chief executive position
coping with conflicting external demands
differtiation of org(create subunits), using slack resources (extra profit or resources)
flink
understanding the characteristics of and motivations behind efforts to forge closer customer supplier relationship