Asked by Daniel Romero on May 08, 2024
Verified
What are strategic contingencies? How might a small department in a large organization use strategic contingencies to become more powerful?
Strategic Contingencies
Critical events or factors that significantly influence the success of strategies or decision-making processes within organizations.
- Clarify the influence of power across various organizational subunits and the process through which it is secured through strategic contingencies.
- Explain the methodology and consequences of managing strategic uncertainties in an organizational context.
Verified Answer
JR
Jason RanesesMay 14, 2024
Final Answer :
Strategic contingencies are critical factors affecting organizational effectiveness that are controlled by a key subunit.The small department may be able to increase its subunit power by controlling or manipulating one or more of the key strategic contingencies- securing scarce resources, coping with uncertainty or creating more certainty, increasing centrality, and reducing substitutability.
Learning Objectives
- Clarify the influence of power across various organizational subunits and the process through which it is secured through strategic contingencies.
- Explain the methodology and consequences of managing strategic uncertainties in an organizational context.
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