Thomas slides (that may be important) Flashcards
Why does an organisation exist?
To reach principals objectives (profit, survival and/ or others)
Relates to the importans of having:
Ability to change
Legitimacy
What are the two approaches to shared value?
Risk minimizing (hygiene)
Innovation (motivation)
Three different strategies to incorporate CSR?
According to Thomas
- Cheap CSR
- Philanthropy
- Shared values
What is the Platform Economy?
Cost advantages become gigantic, the assets are not equally shared across the value chain
What are the two kinds of platform economies? And who has the assets?
Triad platforms
Platform provider (e.g. Alibaba, AirBnB, Uber): gigantic scale, thin asset base
Buyer (e.g. workshop in Europe, consumer): outsourcing, thin assets
Seller (e.g. Chinese manufacturer, estate owner, car owner): scale, thick assets
Dyad platforms (e.g. Voi, Amazon, Ikea)
Providers/sellers: scale and thick assets
Buyers: thin assets
What is one of the underlying concepts that should always be met, and what does it mean?
(according to Thomas)
Requisite variety
The organisations should be as complexed as its suroundings (the variation within the company should match the outside variation)