Thomas slides (that may be important) Flashcards

1
Q

Why does an organisation exist?

A

To reach principals objectives (profit, survival and/ or others)

Relates to the importans of having:
Ability to change
Legitimacy

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2
Q

What are the two approaches to shared value?

A

Risk minimizing (hygiene)

Innovation (motivation)

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3
Q

Three different strategies to incorporate CSR?

According to Thomas

A
  1. Cheap CSR
  2. Philanthropy
  3. Shared values
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4
Q

What is the Platform Economy?

A

Cost advantages become gigantic, the assets are not equally shared across the value chain

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5
Q

What are the two kinds of platform economies? And who has the assets?

A

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

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6
Q

What is one of the underlying concepts that should always be met, and what does it mean?

(according to Thomas)

A

Requisite variety
The organisations should be as complexed as its suroundings (the variation within the company should match the outside variation)

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