l3 organisational theory and analysis (wolf)[1]

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  • 8/12/2019 L3 Organisational Theory and Analysis (Wolf)[1]

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    1

    Lecture 3

    Organisational Theory

    And Analysis

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    Describe what you see

    People from industrialised urban

    Communities see three dimensional

    Cube

    People from hunter-gatherer communities

    See two dimensional set of

    12 sticks laid on the ground

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    3

    Ontology

    Is the truth out there?

    How will you know its the truth?

    Can we ever be objective? Or neutral?

    Ontology is concerned with the nature ofphenomena

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    Realists and Subjectivists

    Realists assumption

    Reality exists out there independently of our perceptual

    and cognitive structures

    This reality exists waiting to be discovered.

    Subjectivist assumption

    What we perceive is creation of our consciousness and cognition.

    We create the reality

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    Positivists

    Observer can objectively/neutrally

    understand the reality

    Allows the scientist to test theory by gathering

    the data to support or reject the theory

    Reality can be observed only through our

    senses otherwise question whether it exists

    E.g.. UFOs, God, demons

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    Interpretivist Analysis

    Observer engages in the phenomena

    Observer interprets using different

    cultural and linguistic tools. That carry social

    biases based upon background.

    Oberserver cannot be passivereceiver of information.

    Observer

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    Implications

    Positivist or Interpretivist approachthere

    is no right or wrong answer- just

    perspectives

    Appreciate and acknowledge strengths

    and limits of each approach

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    Epistemology

    What distinguishes true (adequate) knowledge from

    false (inadequate) knowledge?

    The bridge will break if a person

    walks over it.

    Is this the truth?

    How would you know the truth?

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    Whose truth?

    Firms WebPages NewspapersMagazines

    Government reports Academic journals/

    books

    Customers

    Employees

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    Implications

    Show all your references

    Try and use neutral/unbiased sources

    Triangulate your information if possible

    Accept and acknowledge limitations of yourdata/findings

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    SWOT

    A strategic tool used for evaluating Strengths, weaknesses,

    opportunities and threats

    Internal

    Strengths Weaknesses

    External

    Opportunities

    Threats

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    Examples

    Resources

    Staff management

    Cost

    Capability

    Price

    QualityBrand image

    Competition

    New markets

    Technology

    Political

    Economical

    Strengths and Weaknesses Opportunities and Threats

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    Porters Five Forces

    Threat of entryBarriers to entry

    Product

    Government policy

    Distribution channels

    Economies of scale

    Capital requirements

    Power of buyers

    Buyer volume

    Buyer switching costs

    Substitute products

    Backward integration

    Power of suppliersSwitching costs

    Threat of forward integration

    Impact of inputs on costs

    Power of substitutesPrice performance

    Buyer inclination to substitute

    Competitive rivalryIndustry growth

    Exit strategy

    Product differences

    Costs

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    PESTLE

    Political

    Tax policy

    Employment laws

    Trade restrictions

    Legal

    Govt legislation

    International legal requirements

    Health and Safety requirements

    Social

    Health/environment concerns

    Age/gender

    Population/demography

    Economic

    Interest rates

    Exchange rate

    Inflation

    Technological

    Technological advances

    Automation

    Environmental

    Packaging

    Fossil fuels

    Deforestation

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    Assignment Requirements

    You only need to use one or two of these frameworks

    Draw two diagramsone for each firm

    Include your references

    Avoid ambiguous terms e.g. cost but use moremeaningful terms increase in costs due to high inflation

    Synthesize the factors from these diagrams andsummarise in the main report