Strategy 2.0 Flashcards
Boundary objects
(Spee & Jarzabkowski)
Artefacts that are in the way of knowledge intergration across organizations
Syntactic boundary
(Spee & Jarzabkowski)
Difference in the language, terminology, or communication style used by different groups or individuals
Knowledge can be transferred between actors providing that there is a common syntax.
Semantic boundary
(Spee & Jarzabkowski)
Differences in the interpretation or meaning of terms, concepts, or ideas between different groups or individual
Knowledge can be transferred between actors providing that there is common meaning
Pragmatic boundary
(Spee & Jarzabkowski)
Differences in the practical or contextual use of knowledge or practices due to variations in goals, priorities, or norms
Knowledge can be transferred between actors providing there is a common interest
Practices-as-perspective strategy
(Jarzabkowski)
Strategy is not something an organization has, but what its members do
More comprehensive, in-depth of what actually takes place in strategy formulation, planning and implementation.
Strategy is done by all layers , focus on micro-level activities, processes and practices
Leeway between praxis, practices & practitioners
Praxis
(Jarzabkowksi)
The whole of human action
Practices
Routinized types of behaviour
Practitioners
The actors
Strategic business unit
(Johnson)
Supplies services for distinct domain of activity
Generic competitive strategies
(Johnson)
How an organization achieves competitive advantage in its domain of activity
- Cost-leadership
Becoming the lowest-cost organization - Differentiation
Uniqueness along some dimension that is valued by customers to allow a price premium - Focus strategy
Targeting a lower domain of activity and tailoring the products to the needs of that specific segment to the exclusion of others
Hybrid strategy
(Johnson)
Combines generic strategies
Business model
(Johnson)
Describes relationship between the value created for customers, organizational activites that create this value and how the organization can capture value from this
Value creation
(Johnson)
Addresses a specific customers segments needs and problems
Value configuration
(Johnson)
Way in which a company organizes and aligns its key activities to deliver value
Value capture
(Johnson)
Explains revenue streams and cost structures that allow organization to gain share of total value generated