Systems Flashcards
1
Q
Systems
A
Operational
Control
Strategy rules
2
Q
Operational
A
Deploy resources & capabilities
- Tacit (routines)
- Codified (documented)
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
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)