Explain ,, How can organizations effectively balance the need for stability and flexibility in their organizational design to remain competitive?
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- How can organizations effectively balance the need for stability and flexibility in their organizational design to remain competitive?All organizations are affected to some extent by external factors and trends. The impact of these factors and trends could be positive, neutral, or negative, some are short-lived whilst others are long-lasting. Analyze a range of external factors and trends currently impacting organizations. Identify organizational priorities arising from the factors and trends analyzed.What are some of the key challenges facing managers today, and how can they address these challenges while still meeting their organizational goals?
- How do managers effectively plan, organize, and coordinate resources to achieve organizational goals?What strategies can organizations employ to overcome potential conflicts or obstacles during strategic implementation?How can organizations effectively align their corporate culture with their strategic goals?
- Explain what are the key stages of the business lifecycle, and how does this affect decision-making within the organization?Why is business strategy important to organizational success?What is meant by strategic business units? Why would a company decide to base its organizational structure this way?
- How do managers coordinate and integrate the activities of different departments or teams to achieve organizational goals?How can a well-defined organizational structure and organization culture be beneficial under current circumstances but lead to future challenges with regard to decision making?Describe the key ways organizations can compete ?