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Chandler’s dictum ‘structure follows strategy… but the market is the common denominator’ during the twentieth century was answered effectively by the one-dimensional multi-divisional organization, both in business as in government. Today’s markets have a dynamic multidimensionality;...
Persistent link: https://www.econbiz.de/10014190774
The M-form, in which a corporate parent manages relatively freestanding business units, was the most successful organizational design of the twentieth century. However, contemporary economic conditions call for designs that allow firms to exploit synergies across their business units and on this...
Persistent link: https://www.econbiz.de/10013152772
Organization design is the discipline within the field of organization theory and management theory aimed at creating efficient organizations of firms. In the twentieth century organization design, at least at the governance level of organization, used to be merely a choice between a limited...
Persistent link: https://www.econbiz.de/10014173153