environoutline - (CHAPTER3 MGT3200 Inputs o...

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THE ENVIRONMENT OF MANAGEMENT (CHAPTER 3) MGT 3200  THE ORGANIZATION AS AN OPEN SYSTEM THE THREE BASIC CHARACTERISTICS  Open to the environment at inputs and outputs Inputs o Raw materials, resources Transformation o The organization Outputs o Goods and services SIX ADDITIONAL CHARACTERISTICS Cyclical nature of transformation process Negative entropy o Business to decay over time, decline of your system
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Page 2 of 8 o Negative-revitalize, looking for the fountain of youth o Starting to decline-begin a turn-around strategy  o Companies bring in new management teams when struggling Buffering for technical core o First line has most technical skills-getting things done o Try to keep changes to a minimum Role differentiation and specialization o As organization becomes bigger, have more specialized departments  to deal with troublesome aspects of environment Synergy o Different aspects of organization help it become better. Whole is  greater than the sum of its parts, share information, share knowledge Equifinality o Organizations facing the same external environment can structure  themselves differently, yet still be successful Different ways of doing business Differentiation- lexus, Mercedes, lambo Overall cost leadership- walmart, good product as low price, Hyundai, kia Focus- specific segment of market,  Any one of the three can be good, many roads to success THE INTERNAL ENVIRONMENT
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This note was uploaded on 11/10/2011 for the course MGMT 3200 taught by Professor Sauley during the Fall '10 term at LSU.

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environoutline - (CHAPTER3 MGT3200 Inputs o...

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