Systems Flashcards

1
Q

Systems

A

Operational

Control

Strategy rules

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2
Q

Operational

A

Deploy resources & capabilities

  • Tacit (routines)
  • Codified (documented)
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3
Q

Control

A

Monitor achivement of strategic goals

Financial

  • planning, budgeting, reporting

Dynamic (SIMONS control levers)

  • belief, boundary, diagnostic, interactive
  • Barings, Ford Mexico (Scheele) - work on what you can control

Example

  • Herbold (ex Microsoft) sandardise practices across business functions
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4
Q

Strategy rules

A

Eisenhardt & Sull

  • how to (first line response)
  • boundary (acquisition targets)
  • priority (e.g. gross margin)
  • timing (lead time)
  • exit (cut losses)

new economy (eBay, yahoo etc)

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