CIPD Week One Summary

1. Types of Organization

1.1. Private: refers to any person, partnership, corporation, association or agency which is not a public body that is operated for profit.

1.2. * public : public is the part of the economy composed of both public services and public enterprises

1.3. Franchise: A continuing relationship in which a franchisor provides a licensed privilege to the franchisee to do business and offers assistance in organizing, training, merchandising, marketing and managing in return for a monetary consideration.

2. Mintzberg 5 Structural Configurations

2.1. Simple: relies on direct supervision from the GM, CEO

2.1.1. Example: startup business (owner and employers)

2.2. Machine Bureaucracy: An organization that the decisions are made by the top-level management and carried out at the lower levels

2.2.1. Example: chips Factory

2.3. Professional Bureaucracy: relies on the professionals' standardization of skills and knowledge in the operating core

2.3.1. Example: hospitals , schools

2.4. divisional form: the organization is classified into different autonomous unit and mangers create a series of business units to produce a specific kind of product for a specific kind of customer

2.4.1. Example: Samsung – LG

2.5. Adhocracy: is a flexible organizational design whose structure is loosely coupled, and amenable to frequent change.

2.5.1. Example: google chrome

3. Feature of Modern Organizations

3.1. Hierarchy: Fewer levels

3.2. Division of labor: expanded job roles

3.3. Systems: directed toward managing change

3.4. Control: decentralized, target, culture or HRM based

3.5. Rewards: based on group performance

3.6. Alliances: used for global market penetration

3.7. Organising Across: complex and multi-dimensional

4. Models for Strategic Analysis Internal/External

4.1. SWOT (strengths, weaknesses, opportunities, threats) analysis

4.2. PESTLE (political, economic, social, technological, legal and environmental) analysis

4.3. The Five Forces : a framework for looking at the strength of five important factors that affect competition - potential entrants, existing competitors, buyers, suppliers and alternative products/services. Using this model, you can build a strategy to keep ahead of these influences.

4.4. So Many More

5. The Golden Thread

5.1. Organisation Purpose

5.1.1. Organisation Strategy

5.1.1.1. Organisation Plans

5.1.1.1.1. Division-Departments Plans

5.2. To Create Golden Thread U need To Know

5.2.1. A thorough understanding Organization Purpose, strategy, goals

5.2.1.1. A close working relationship with the Business