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SOCIAL NETWORKS OF PEOPLE IN ORGANIZATIONS. DISCUSSION. “ Economic and organizational sociologists have increasingly demonstrated that the actions of individuals and firms are affected by the social networks within which they are embedded” - Mizruchi, Stearns, and Marquis (2006).
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DISCUSSION “Economic and organizational sociologists have increasingly demonstrated that the actions of individuals and firms are affected by the social networks within which they are embedded” - Mizruchi, Stearns, and Marquis (2006) “‘ Economic action can be fully understood only by an examination of the social relation within which actors are embedded’ has become a widely accepted staple of sociological thought” - Granovetter (1985)
DISCUSSION What are the most important ways in which intra-organizational networks can affect firm performance?
DISCUSSION Intra-organizational Networks Firm Performance
FIRM PERFORMANCE Degrees of Certainty Innovation Loyalty Work Attitudes Retention Organizational Commitment Job Satisfaction Information Sharing Motivation
EFFICIENCY • Approval Networks • For support • Information Networks • For knowledge
TURNOVER & ABSENTEEISM • Consideration – Friendship Ties • A Micro Perspective – Positive/Negative
MOTIVATION & WORK ATTITUDE • Equity Theory (Stacy Adams, 1965) • Comparison with others • Strong Ties • Similarity in Roles or Status