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Organizations differ in approaches. The approach makes them unique.Very few organizations are unique in nature
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MAJOR KEY DIFFERENCES BETWEEN GENERIC VS. STRATEGIC ORGANIZATION MAJOR KEY DIFFERENCES BETWEEN GENERIC VS. STRATEGIC ORGANIZATION
Organizations differ in approaches. The approach makes them unique.Very few organizations are unique in nature. Let us discuss that what the difference between these two types of organizations is : Sr. No. Parameters Generic organization Strategic Organization Working methodology 1 Traditional Innovative 2 Focus Profit maximization Wealth creation 3 Approach Repeated and traditional New and unique 4 Culture Local Global and local both 5 Attitude Common Professional Cracking the deal and getting the orders Identifying the actual needs of customers and fulfilling those. 6 Orientation 7 Customers Customers’ satisfaction Customers’ delight 8 Employees Short term asset Long term asset Compensation to employees Assessed properly and periodically 9 Not assessed properly Corporate governance 10 Not on priority at all At priority 11 Expansion of business Not so much Aggressive on this aspect Internal discussions on matters Relatively with large number of people in the organization 12 Among very few people www.venture-care.com Ask@venture-care.com 020-65 3636 33
Well established communication channel and therefore no communication gap 13 Communication gap is visible Limited to only top level of management Extended to middle level managers. 14 Decision making Traditional and becomes out-dated later on Modified or new products are developed 15 Product Not or little and therefore little investment in creating brand Very high investment in creation of brand and brand recall 16 Brand focus Adaptation of new ideas 17 Reluctant Receptive Not exactly serving the need of customers Value added services are provided 18 Services 19 Marketing way Traditional Innovative to reach customers Training & Skill development of employees Periodic as well as when required 20 Not visible The above differences listed out may act as a guide to organizations to convert themselves from generic to strategic. Start-ups should try to create themselves as a strategic organization right from the day one. Growth prospects in being strategic in nature are of course higher than those in generic. Common steps of transformation could be: Selecting a parameter Assessing whether that falls under generic organization or strategic organization What are the changes required in the selected parameter Making time frame to make those changes Take off for changes To know more visit us www.venture-care.com Ask@venture-care.com 020-65 3636 33
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