BU398 Lecture Notes - Lecture 1: Change Management, Environmental Values, Organizational Theory
Document Summary
People interacting (many to many or one to many) Goal-directed (increase share-holder value, get back to the community) Organizational theory is a way of thinking about organizations. Ideas about what organizations are and how they work. All for-profit, government, and nonprofit institutions are organizations, which fit the definition. Open system: interactions with the external environment imperative to the organization"s survival. Maintenance: maintains the smooth operation and upkeep of physical and human resources. Which of these is the least critical? a. Because all subsystems are interdependent, it is difficult to say, but many would argue for middle management i. Because it"s got top management to conduct maintenance, though it puts more stress on that part. How does minzberg"s 5 basic parts of the organization perform the subsystem functions? a. b. c. d. Top management- especially active in the boundary spanning. Make sure inside the org is consistent with the changes e. Upkeep of the physical and people of the place.