W8 assingment

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Module8sources.docx
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In Module 8, we will examine how organizations organize to create and sustain their competitive advantage – the linkage between strategy formulation and strategy implementation. Here, we investigate the nexus between an organization’s architecture and its strategy. We know that strategy is only as good as its implementation and implementation is often largely dependent upon a well managed and appropriately structured organization. Hence, a firm’s choice of organizational structure, as well as systems and processes, are critical to its success. Organizational culture and leadership are examined in this module as they are key components.

Learning Objectives

Upon successful completion of this module, you will be able to:

· Specify the roles that organizational culture and leadership play in strategy implementation.

· Explain the steps involved in new-venture creation and corporate new venturing.

· Describe the multidivisional, or M-form, structure and how it is used to implement a corporate diversification strategy.

· Summarize the strategic change process and concepts of organizational renewal.