The Modern Firm: Organizational Design for Performance and Growth

The Modern Firm Organizational Design for Performance and Growth Business firms around the world are experimenting with new organizational designs changing their formal architectures their routines and processes and their corporate cultures as they seek to impro

  • Title: The Modern Firm: Organizational Design for Performance and Growth
  • Author: John Roberts
  • ISBN: 9780198293767
  • Page: 105
  • Format: Hardcover
  • Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects In the process, they are changing the scope of their business operations, redrawing their organization charts, redefinBusiness firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects In the process, they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in house and which to out source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment Written in a non technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from the eighteenth century fur trading companies to such modern firms such as BP and Nokia Finally, the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology Written by one of the world s leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.

    One thought on “The Modern Firm: Organizational Design for Performance and Growth”

    1. Firms are economic entities that exist because there is a transactional advantage to working within a firm rather than through a public market. This is the beginning premise of The Modern Firm. From there the author takes us through the economics of employee motivation, corporate performance, and finally he reveals two polar corporate strategies, Exploit and Explore, and how your organizational design will necessarily be very different depending on which one you value.This book had some very goo [...]

    2. A very good and easily accessible (for non business students such as myself) account of corporate culture. It was written by an economist (rather than a 'management guru'), which probably explains why the book is jargon free, readable, insightful and sensible.

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