Page 112 - MS Year in Review 2020
P. 112
growth. The six key tasks, all of which have been supported by previous
97
research, are:
Identification and definition of a viable market segment
Development of products or services for the chosen
Acquisition and development of resources required to operate the firm
Development of day-to-day operational systems
Development of the management systems necessary for the long-term
functioning of the organization
Development of the organizational culture that management feels necessary
to guide the firm and a related culture management system.
The six key tasks can also be viewed as “strategic building blocks” of an
enterprise; that is, they comprise a set of “components” of an organization. They
are built upon an enterprise’s business foundation, described above.
A second premise or hypotheses is that each of these tasks must be performed
98
in a stepwise fashion in order to build a successful organization. Each of
these key tasks or strategic building blocks has been discussed in the previous
99
article .
The Model as a Whole. Taken together as a whole, these six “key strategic
building blocks” created in stepwise fashion comprise the “structure” of a
sustainably successful organization. If any one or more of the “key strategic
building blocks” or tasks a is not developed effectively, the entire organization will
be weakened and be subject to risk of failure. In addition, even if all of the
individual strategic building blocks are developed, but the set as a whole is not
97 See Eric Flamholtz and Yvonne Randle, Growing Pains: Building Sustainably Successful
Organizations, Wiley 2016.
98 Flamholtz, E. (1995). Managing Organizational Transitions: Implications for Corporate and Human
Resource Management. European Management Journal, 13(1), 39-51; Flamholtz. E. and Yvonne
Randle Y. (2016). Growing Pains: Building Sustainably Successful Organizations, Wiley.
99 Eric Flamholtz, “Is Tesla Being “Built for Sustainable Success”℠? Linkedin, September 2. 2020
111
© Management Systems Consulting Corporation, 2020. All rights reserved
