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Management of International Business: Shaping your arguments. Nay Class 3 – July 2013. Quick guide to self-study on business models. How well-known the author or the original thinker is. How well-established the website that use or present the model is. How old it is.
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Management of International Business: Shaping your arguments Nay Class 3 – July 2013
Quick guide to self-study on business models • How well-known the author or the original thinker is. • How well-established the website that use or present the model is. • How old it is. • How generic or specific the concepts are regarding the real-world phenomena. • How difficult to find news/info of the real world
7-S McKinney • A general framework by Peter Pascale andRobert Waterman (1981) when they were working as the consultants at McKinney • Implications: organizations must have the shared values in which all 6 aspect of managements are in harmony • strategy, structure, system, style, skills, staff, and skills
Business Rich Picture Peter Checkland • It informally captures main entities, structures and viewpoints in the business situation, the processes going on, the current recognized issues and any potential ones. • NO RULES how to draw it. Just make sure it can capture these three aspects at the right level of details: • the issues • the relationships between the issues • the key stakeholders
Business Rich Picture Peter Checkland Scenario: “The newly appointed head-teacher of an 11s-to-18s school, which has overspent its budget in the last year or two, finds herself, in her first term, facing an issue concerning the provision of school meals. Currently these are provided by the county education authority through their catering services company, the contract being renewed annually. A member of that company who is leaving to set up her own catering company urges the head-teacher to make a contract with her instead of the county, suggesting the school could save money on this.
Business Rich Picture Peter Checkland Some staff members agree with this, others want to stick with the status quo. Some parents, alerted by a national debate about school meals, want more nutritious meals as long as they don’t cost more. Pupils say: “We like burgers and chips.” The school governors are discussing this issues; the Chairman, himself MD of a catering company, is urging the head-teacher to be entrepreneurial and to take on responsibility for the provision of school meals, believing this could be profitable for the school.”
3rd Assignment • Review your according to the in-class comments • Practice drawing business rich picture of the specific & recent situation of your company, drawing from newspaper or magazines • Next week, prepare: • Refined 4-8 knowledge theories or models • Show the business rich picture version 1