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featured management models

three generic strategies: Porter, Michael E.
 

three generic strategies

Porter, Michael E.

  • topic: strategic management
  • period: 1980
Michael Porter regarded the selection of a defendable position within an industry as the end result of a competitive strategic analysis. He argued that successful, profitable companies generally choose to compete on either low costs or by differentiating their products to meet specific customer needs. Although these two strategic options are mutually exclusive,...
 
structure follows strategy: Chandler, Alfred D.
 

structure follows strategy

Chandler, Alfred D.

  • topic: org. design & development and strategic management
  • period: 1962
The historian, Alfred Chandler, substantiated his 'Structure follows Strategy' thesis based on four case studies of American conglomerates that dominated their industry from the 1920's onward. Chandler described how the chemical company Du Pont, the automobile manufacturer General Motors, the energy company Standard Oil of New Jersey and the retailer Sears...
 
five configurations: Mintzberg, Henry
 

five configurations

Mintzberg, Henry

  • topic: org. design & development
  • period: 1979
The Canadian academic, Henry Mintzberg, synthesised organisational design literature into five ideal organisational forms or configurations that do not exist in the real world, but provide consultants and managers a framework to understand and design organisational structures. Mintzberg defined organisational structure as "the sum...
 
four laws of media: McLuhan, Marshall
 

four laws of media

McLuhan, Marshall

  • topic: communication and technology & operations
  • period: 1964
Marshall McLuhan, a Canadian professor of Sociology, was best known for popularising views on the effect of the new communication technologies of television and radio on a society's culture. He saw culture as a derivative of technological change rather than an independent factor. He introduced the public to such terms as the 'global village' and...