Organization life cycle
af Nohn Kmn
1. Definition
1.1. The organizational life cycle is based on a sequence of changes in the company that occur from its introduction to death.
2. Theories
2.1. The organizational life cycle is full of exceptions because in each phase, both more optimistic and more pessimistic scenarios than the model version of the life cycle are possible
2.2. Most important phrases
2.2.1. initiation and innovation
2.2.2. Growth
2.2.3. stabilization
2.2.4. Value Decline
2.2.5. Degradation
2.3. Greiner's
2.3.1. 5 Crisises
2.3.1.1. Crisis of leadership
2.3.1.2. Crisis of autonomy
2.3.1.3. Crisis of control
2.3.1.4. Crisis of bureaucracy
2.3.1.5. Crisis of trust
2.3.2. In order for organisations to develop they have to go under series of Crises at each growth stage.
2.4. Levitt's
2.4.1. 5 Stages
2.4.1.1. Product development
2.4.1.2. Introduction to the market
2.4.1.3. Growth
2.4.1.4. Maturity
2.4.1.5. Decline or stabilization
2.5. Vernon's
2.5.1. 4 Stages
2.5.1.1. Introduction of the product in the market
2.5.1.2. Growth
2.5.1.3. Maturity
2.5.1.4. Decline
3. Industry life cycle
3.1. Michael Gort and Steven Klepper
3.1.1. 5 Stages
3.1.1.1. Inactivity
3.1.1.2. Reactivation
3.1.1.3. High turnover
3.1.1.4. Reduction
3.1.1.5. Stabilization