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Organization theory and design: Lecture 2

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Organization theory and design: Lecture 2 provides students with content about: what is an organization; importance of organizations; adapt to and influence a changing environment; create value for owners, customers, and employees;... Please refer to the lesson for details!

Lecture What is an Organization? • Organizations are social entities that are goal directed, are designed as deliberately structured and coordinated activity system, and are linked to the external environment Organizations are: • Social entities • Goal directed • Designed as deliberately structured and coordinated activity system • Linked to the external environment Importance of Organizations • Bring together resources to achieve desired goals and outcomes • Produce goods and services efficiently • Facilitate innovation • Use modern manufacturing and computer-based technology • Adapt to and influence a changing environment • Create value for owners, customers, and employees • Accommodate ongoing challenges of diversity, ethics, and the motivation and coordination of employees • Example of a bank ... achieve desired goals and outcomes • Produce goods and services efficiently • Facilitate innovation • Use modern manufacturing and computer-based technology • Adapt to and influence a changing...Organizations are: • Social entities • Goal directed • Designed as deliberately structured and coordinated activity system • Linked to the external environment Importance of Organizations... changing environment • Create value for owners, customers, and employees • Accommodate ongoing challenges of diversity, ethics, and the motivation and coordination of employees • Example of a bank

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