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Annotated Bibliography on Contextual Factors in Organizational Decision Making

   

Added on  2023-05-27

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Running head: MANAGEMENT AND BUSINESS
MANAGEMENT AND BUSINESS
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Annotated Bibliography on Contextual Factors in Organizational Decision Making_1

MANAGEMENT AND BUSINESS
Introduction
Contextual factors refers to the characteristics of the environment or ecology which
are in relation to the effectiveness of a collaboration. It is very important for the process of
organisational decision making. Decision making plays a very important role in the success
of an organisation as the skilled performers in the business are often required to make
decisions that are appropriate for the issue under high time pressures. Contextual factors are
very essential for the selection of the strategic decision methods. They helps in facilitating
and attenuating the pursuit of the affordability and quality. This paper is going to elaborate on
presenting an annotated bibliography on a total of five topics- a. Organisational structures or
governance, b. Environmental forces, c. Risks confronting the firm, d. Organisation and
business practices, and e. the functions of diverse firms, from some chosen journal articles.
Those articles are- Journal of Management, Journal Of Business Research, International
Business Review, The Academy of Management Annals and Human Resource Management
Review.
Discussion
Annotated Bibliography
a. Organisational structures or governance
Albers, S., Wohlgezogen, F., & Zajac, E. J. (2016). Strategic alliance structures: An
organization design perspective. Journal of Management, 42(3), 582-614.
The main conceptual factors that are beings discussed in this journal article by Albers,
Wohlgezogen and Zajac (2014) are that of functional structures, divisional structure, matrix
structure and process structure. Process Structure divides the organisation by means of a
process. It included researching, manufacturing and sales. The organisations that are process
based consider the different processes in relation to one another as well as the customers. The
Annotated Bibliography on Contextual Factors in Organizational Decision Making_2

MANAGEMENT AND BUSINESS
next is of Matrix Structure, which is often overlaid on the top level of the functional structure
of a company for coping up with the projects that consider many departments. Moreover,
functional structure is based on the structure of the manager on the functions of the
employees. It is a very simple concept for the organisation of the company. The different
functions like the finance, the internet technology and the human resource departments have
their own department and each one of them focus on that function. The last is the divisional
structure. In many companies, there are several divisions and they are regarded as mini
companies and they all are built on specific products or regions. The findings of this article
suggest that due to some fundamental shifts in the information and communication
processing costs as well as the increasing modularity of the services and products, the
innovation nature have changed in contemporary world. Hence, it is very important for the
managers in the organisations to consider these factors while planning organisational
structure and making divisions on the departments.
b. Environmental forces
ÖNEREN, M., Tayfun, A. R. A. R., & YURDAKUL, G. (2017). Developing Competitive
Strategies Based on SWOT Analysis in Porter’s Five Forces Model by
DANP. Journal Of Business Research-Turk, 9(2), 511-528.
In this global context, conducting a successful business seeks the support of all the
environmental forces. In this study, the authors have analyzed the environment of a global
companies. This paper has focused on the governance and social responsibilities of the firm
and detailed the importance of environmental factors in the growth of the firm in a
competitive market. To these authors, the company has successfully evaluated the internal as
well as external environment through PESTLE analysis, SWOT analysis, BCG matrix and
Annotated Bibliography on Contextual Factors in Organizational Decision Making_3

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