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featured management models

five star model: Galbraith, Jay R.
 

five star model

Galbraith, Jay R.

  • topic: information technology and org. design & development
  • period: 1973
The American academic and consultant, Jay Galbraith, developed the Star Model as an organisational design framework. The model used design policies that guide organisational decision making and behaviour. The model contained the following five categories: 1. Strategy Determines direction through goals, objectives, values...
 
international product life cycle: Vernon, Raymond
 

international product life cycle

Vernon, Raymond

  • topic: culture & internationalisation and marketing & sales
  • period: 1966
In 1966, Raymond Vernon published a model that described internationalisation patterns of organisations. He looked at how U.S. companies developed into multinational corporations (MNCs) at a time when these firms dominated global trade, and per capita income in the U.S. was, by far, the highest of all the developed countries. Raymond Vernon was part...
 
chunking limit: Miller, George A.
 

chunking limit

Miller, George A.

  • topic: communication and culture & internationalisation
  • period: 1956
The Harvard psychologist, George A. Miller, worked on short term memory using Claude Shannon's and Norbert Weiner's information theory research. Shannon thought of information as measurable. He developed a mathematical theory of communication to deal quantitatively with the transmission of messages over 'channels' by measuring the amount of information transmitted...
 
value chain analysis: Porter, Michael E.
 

value chain analysis

Porter, Michael E.

  • topic: finance & accounting, marketing & sales, org. design & development and strategic management
  • period: 1985
Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies...