There has to be fit between the strategy and the organisation.explain with an example
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Explanation:
Organizational structure and strategy are related because organizational strategy helps a company define and build its organizational structure. A company's organizational structure is based on the result of the analysis of organizational strategy.
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There must be a balance between the strategy and the organization for example is:
- Strategic Fit exists when linking a number of different businesses.
- Where these different value chains allow for the transfer of skills and expertise from one business to another, and their combined effectiveness works to reduce costs.
- Strategic equity can be divided into. Market Fits Related.
- Operating Fit.
An example of a business strategy is:
- The corner of the emerging market.
organization fit:
- Fortunately, the opposite is true.
- If you hire someone who fits your culture as a glove, you will be more likely to stay with the company for longer.
- In other words: if you focus on both the function - and - the equity of the organization during your recruitment process you will lay the foundations for a lower level of income.
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