Efficient Organization: A Governance Approach

Efficient Organization is a book that examines the economic fundamentals of efficient organizing, focusing on governance and avoiding organizational waste in all forms. It provides practical and decision-oriented approaches to organization design and governance, examining contracting and relationships within and across organizations, and discussing the main decisions and challenges relevant at the founding, expansion, and maturity of the organization. The focus of efficient governance is on establishing the credibility of the organization in the eyes of its most important stakeholders, which sustains its viability.

Format: Paperback / softback
Length: 312 pages
Publication date: 13 March 2023
Publisher: Oxford University Press Inc

Efficient Organization is a comprehensive and enlightening examination of the economic fundamentals of effective organizing, with a particular focus on governance and the avoidance of organizational waste in all its forms. Authored by Mikko Ketokivi and Joseph T. Mahoney, this book takes a practical and decision-oriented approach to organization design and governance.

In the first chapter, the authors delve into the examination of contracting and relationships within and across organizations, including special topics such as non-profits, public organizations, and stakeholder analysis. They explore the various factors that influence these relationships and the challenges associated with managing them effectively.

The second chapter focuses on identifying and discussing the key organization design and governance decisions and challenges that arise at different stages of an organization's life cycle. The authors argue that the focus of efficient governance should be on establishing the credibility of the organization in the eyes of its most important stakeholders. They maintain that credibility is essential for sustaining the viability of the organization.

Chapter three highlights the importance of securing cooperation across individuals and organizations for mutual value creation. The authors provide tools and strategies that decision-makers can use to foster collaboration and achieve shared goals.

Chapter four explores the role of governance in shaping organizational culture and values. The authors argue that effective governance can help create a positive and productive work environment that fosters innovation and growth.

Chapter five discusses the challenges of managing organizational change and transformation. The authors provide insights into how decision-makers can navigate these challenges and ensure that the organization remains sustainable and competitive in an ever-changing business environment.

In conclusion, Efficient Organization is a valuable resource for decision-makers, business leaders, and anyone interested in improving the effectiveness and efficiency of organizations. By providing a comprehensive examination of the economic fundamentals of effective organizing, the book offers practical insights and strategies that can help organizations achieve their goals and succeed in today's competitive landscape.

Weight: 444g
Dimension: 155 x 235 x 23 (mm)
ISBN-13: 9780197610299