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Chapter 22 delves into the intricate web of factors that affect management strategies and performance outcomes within organizations. It explores the influence of technical uncertainty, functional complexity, and cultural differences on strategic decision-making. By analyzing various moderating factors, including control mechanisms and compensation variables, the chapter highlights the importance of contextual awareness in strategy selection. Readers will gain insights into how communication, conflict resolution, and asset specificity shape effectiveness and efficiency in management, informing their approaches in complex environments.
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Chapter 22 Detail All the Factors, Together
Influence Factors Management Strategies Moderating Factors Performance Implications Issues Strategic Impact Tech uncertainty Functional complexity Procedural knowledge Asset specificity Focal-vendor cultural differences Interdependency Structural Variables (Mechanisms): 1. Control 2. Integrative 3. Contract Compensation Variables (Mechanisms): 1. Incentive • Process • Variables • (Mechanisms): • Commun’n • Conflict • Resolution Performance (effectiveness, efficiency), etc. are agreed on by the focal firm and the vendor. In advance. A variety of contextual moderating factors generally influence outcomes, but management strategy is the primary tool at the hand of the focal firm. A variety of influence factors dictate the choice of one strategy over another. Dimensions Frequency Informality Openness Density Choice of Channel Formal Outcome Behavior (eg. Bureaucratic) Informal (eg. Cultural) Dimensions Breadth Diversity Mechanisms Liaison Position Cross-Unit Comy Integrator Matrix Structure Asset Specificity Non-relational Low Asset Sp’y Relational Concession Compromise Horse-trading