I have read examples of Royals,Nike,Nautilus in the book(Competing on Edge).The story revolves around structure and chaos.If one firm is competing having firm structure the other is competing having flexible structure.Its more like customizing your business according to its needs.There are some areas where you have to be flexible(e.g, accepting change) and some areas where more structured flow of work is needed(e.g,priortites and deadlines).The issue of costs associated with these approaches click in my mind.If anyone of you have idea about this,discuss it there.
if we apply these approches to our country,the cost is the most significant element.Because its useless if you have any of above approach at high cost but you are not getting desired outcomes.
2 comments:
Hira, structured flow of work is needed anyway. Competing on the Edge basically talks about an organization's ability to feel and react to a change stimuli. It does not say that having flexible structures necessarily means chaos and weak structural/systematic flow of work.
Your concern on the cost factor is valid. Why organizations should be flexible? So that they can react quickly and save cost of lost revenues. If your company's structure and performance is flexible and still it is not making profits, probably you need to sit down and figure out where the problem is. Remember "The Devil is in details" :-)
@ zubair
agree...and most of the times business managers forget to dive in to those details. where they should go and dignose the problem. obviously not always you can figure out the problem in first click.
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