BUSI 3103 Lecture Notes - Lecture 5: Interlocking Directorate, Uptodate, Bounded Rationality
28 Dec 2015
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Document Summary
Interorganizational relationships are the relatively enduring resource transactions, flows, and linkages that occur among two or more organizations. Organizational ecosystem a system formed by the interaction of a community of organizations and their environment. Org seeks to minimize its dependence on other orgs. For supply of or access to scarce resources in its environment (e. g. make themselves less dependent) Resource strategies when organizations feel resource or supply constraints, the resource-dependence perspective says they manoeuvre to maintain their autonomy through a variety of strategies. e. g. adapt or alter the interdependent relationships. Power strategies in resource-dependence theory, large, independent companies have power over small suppliers. An emerging perspective whereby organizations allow themselves to become dependent on other organizations to increase value and productivity for all. Institutionalism why do some behaviors or structures get institutionalized (or adopted) Population-ecology perspective a perspective in which the focus is on organizational diversity and adaptation within a community or population or organizations.
