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Essay / Research Paper Abstract
A 12 page paper that discusses different aspects of organizational development beginning with a summary of a journal article about OD. Other topics include: OD practitioner, diagnosing jobs and groups, human resource interventions, performance management, and developing talent. Bibliography lists 8 sources.
Page Count:
12 pages (~225 words per page)
File: ME12_PG694379.rtf
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Unformatted sample text from the term paper:
continued success or should they adopt a different strategy. This is the topic Bingham, Eisenhardt and Furr (2011) discuss in their recent article. The authors comment that there is a
vast assortment of strategies a company can use. The challenge is to choose the one that will result in a competitive advantage. Responding to the question of which strategic framework
will be most appropriate, the authors find that what is right for any company at any time depends on the circumstances at that time as well as the resources that
are available to the company at that time (Bingham, Eisenhardt & Furr, 2011). To discover the correct strategy, managers need to assess the industry and how dynamic or stable that
industry is and their own position in the industry. In their study, the authors identified three archetypes for strategic frameworks: strategies of position; strategies of leverage; and strategies of opportunity
(Bingham, Eisenhardt & Furr, 2011). When observing which archetypical strategic frameworks industry leaders used, they discovered that many long-held assumptions did not hold were no longer viable. For example, some
experts say that companies need strategically valuable resources but the authors found that sometimes regular and ordinary resources that are put together well will lead to a competitive advantage. Porters
Five-Forces analysis is a good tool to analyze the company. A position strategy, for instance, is the equivalent of finding an unoccupied position in the industry (Bingham, Eisenhardt & Furr,
2011), like a niche market. Selecting this market will offer a company a competitive advantage in that it is filling a need. To use this strategy, the company needs to
link company resources to that position. It may be necessary for managers to refresh their resources and to strengthen the links between and among those resources. Leverage strategies are
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