The business firm is no longer just a place where people come to work. For most of the employees, the firm confers on them that sense of belonging and identityâ€”the firm has become their “village”, their community. The business firm of the twenty-first century is not just a hierarchy, which ensures maximum efficiency and profit; it is also the community where people belong to and grow togetherâ€”where their affective and innovative needs are met (Lim, Griffiths, & Sambrook, 2010).
Lim, M., Griffiths G., & Sambrook, S. (2010). Organizational structure. Mind
Map Route. Retrieved from http://www.mindmap.0rg.pl/?mindmap=
Discuss the following questions in relation to organizational structure and strategic leadership:
- How important it is to be able to identify and distinguish between the organizational structures used to implement business-level, corporate-level, and international strategies? Give examples of various organizational structures and how they are used to develop strategies.
- What is the relationship between organizational structure and organizational controls? Are they always interrelated? What will happen to a company’s competitive advantage if one or the other isn’t in place?
- What are the attributes of an effective strategic leader? Discuss the value that person brings to the strategic management process.