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formalization meaning in business: Implementing Information Technology Governance: Models, Practices and Cases Van Grembergen, Wim, De Haes, Steven, 2007-09-30 In many organizations, information technology (IT) has become crucial in the support, sustainability, and growth of the business. This pervasive use of technology has created a critical dependency on IT that calls for a specific focus on IT governance. Implementing Information Technology Governance: Models, Practices and Cases presents insight gained through literature reviews and case studies to provide practical guidance for organizations who want to start implementing IT governance or improving existing governance models, and provides a detailed set of IT governance structures, processes, and relational mechanisms that can be leveraged to implement IT governance in practice. |
formalization meaning in business: Principles of Management David S. Bright, Anastasia H. Cortes, Eva Hartmann, 2023-05-16 Black & white print. Principles of Management is designed to meet the scope and sequence requirements of the introductory course on management. This is a traditional approach to management using the leading, planning, organizing, and controlling approach. Management is a broad business discipline, and the Principles of Management course covers many management areas such as human resource management and strategic management, as well as behavioral areas such as motivation. No one individual can be an expert in all areas of management, so an additional benefit of this text is that specialists in a variety of areas have authored individual chapters. |
formalization meaning in business: Electronic Enterprise Andrzej Targowski, 2003-01-01 Electronic enterprise is the road map to well-planned evolution of enterprise complexity with business and system strategies integration through standardized architectures of IT components. This work provides a vision for IT leaders with practical solutions for IT implementation. |
formalization meaning in business: Doing Business 2020 World Bank, 2019-11-21 Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity. |
formalization meaning in business: Results Bruce A. Pasternack, Gary L. Neilson, 2005-10-18 Every company has a personality. Does yours help or hinder your results? Does it make you fit for growth? Find out by taking the quiz that’s helped 50,000 people better understand their organizations at OrgDNA.com and to learn more about Organizational DNA. Just as you can understand an individual’s personality, so too can you understand a company’s type—what makes it tick, what’s good and bad about it. Results explains why some organizations bob and weave and roll with the punches to consistently deliver on commitments and produce great results, while others can’t leave their corner of the ring without tripping on their own shoelaces. Gary Neilson and Bruce Pasternack help you identify which of the seven company types you work for—and how to keep what’s good and fix what’s wrong. You’ll feel the shock of recognition (“That’s me, that’s my company”) as you find out whether your organization is: • Passive-Aggressive (“everyone agrees, smiles, and nods, but nothing changes”): entrenched underground resistance makes getting anything done like trying to nail Jell-O to the wall • Fits-and-Starts (“let 1,000 flowers bloom”): filled with smart people pulling in different directions • Outgrown (“the good old days meet a brave new world”): reacts slowly to market developments, since it’s too hard to run new ideas up the flagpole • Overmanaged (“we’re from corporate and we’re here to help”): more reporting than working, as managers check on their subordinates’ work so they can in turn report to their bosses • Just-in-Time (“succeeding, but by the skin of our teeth”): can turn on a dime and create real breakthroughs but also tends to burn out its best and brightest • Military Precision (“flying in formation”): executes brilliant strategies but usually does not deal well with events not in the playbook • Resilient (“as good as it gets”): flexible, forward-looking, and fun; bounces back when it hits a bump in the road and never, ever rests on its laurels For anyone who’s ever said, “Wow, that’s a great idea, but it’ll never happen here” or “Whew, we pulled it off again, but I’m tired of all this sprinting,” Results provides robust, practical ideas for becoming and remaining a resilient business. Also available as an eBook From the Hardcover edition. |
formalization meaning in business: The Structuring of Organizations Henry Mintzberg, 2009 Synthesizes the empirical literature on organizationalstructuring to answer the question of how organizations structure themselves --how they resolve needed coordination and division of labor. Organizationalstructuring is defined as the sum total of the ways in which an organizationdivides and coordinates its labor into distinct tasks. Further analysis of theresearch literature is neededin order to builda conceptualframework that will fill in the significant gap left by not connecting adescription of structure to its context: how an organization actuallyfunctions. The results of the synthesis are five basic configurations (the SimpleStructure, the Machine Bureaucracy, the Professional Bureaucracy, theDivisionalized Form, and the Adhocracy) that serve as the fundamental elementsof structure in an organization. Five basic parts of the contemporaryorganization (the operating core, the strategic apex, the middle line, thetechnostructure, and the support staff), and five theories of how it functions(i.e., as a system characterized by formal authority, regulated flows, informalcommunication, work constellations, and ad hoc decision processes) aretheorized. Organizations function in complex and varying ways, due to differing flows -including flows of authority, work material, information, and decisionprocesses. These flows depend on the age, size, and environment of theorganization; additionally, technology plays a key role because of itsimportance in structuring the operating core. Finally, design parameters aredescribed - based on the above five basic parts and five theories - that areused as a means of coordination and division of labor in designingorganizational structures, in order to establish stable patterns of behavior.(CJC). |
formalization meaning in business: The Contingency Theory of Organizations Lex Donaldson, 2001-02-20 This volume presents a comprehensive, in-depth analysis of the theories, evidence and methodological issues of contingency theory - one of the major theoretical lenses used to view organizations. |
formalization meaning in business: Role Mining in Business Alessandro Colantonio, Roberto Di Pietro, Alberto Ocello, 2012 With continuous growth in the number of information objects and the users that can access these objects, ensuring that access is compliant with company policies has become a big challenge. Role-based Access Control (RBAC) a policy-neutral access control model that serves as a bridge between academia and industry is probably the most suitable security model for commercial applications. Interestingly, role design determines RBAC's cost. When there are hundreds or thousands of users within an organization, with individual functions and responsibilities to be accurately reflected in terms of access permissions, only a well-defined role engineering process allows for significant savings of time and money while protecting data and systems. Among role engineering approaches, searching through access control systems to find de facto roles embedded in existing permissions is attracting increasing interest. The focus falls on role mining, which is applied data mining techniques to automate to the extent possible the role design task. This book explores existing role mining algorithms and offers insights into the automated role design approaches proposed in the literature. Alongside theory, this book acts as a practical guide for using role mining tools when implementing RBAC. Beside a comprehensive survey of role mining techniques deeply rooted in academic research, this book also provides a summary of the role-based approach, access control concepts and describes a typical role engineering process. Among the pioneering works on role mining, this book blends business elements with data mining theory, and thus further extends the applications of role mining into business practice. This makes it a useful guide for all academics, IT and business professionals. |
formalization meaning in business: Introduction to Business Lawrence J. Gitman, Carl McDaniel, Amit Shah, Monique Reece, Linda Koffel, Bethann Talsma, James C. Hyatt, 2024-09-16 Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License. |
formalization meaning in business: Logics of Organization Theory Michael T. Hannan, László Pólos, Glenn R. Carroll, 2012-01-09 Building theories of organizations is challenging: theories are partial and folk categories are fuzzy. The commonly used tools--first-order logic and its foundational set theory--are ill-suited for handling these complications. Here, three leading authorities rethink organization theory. Logics of Organization Theory sets forth and applies a new language for theory building based on a nonmonotonic logic and fuzzy set theory. In doing so, not only does it mark a major advance in organizational theory, but it also draws lessons for theory building elsewhere in the social sciences. Organizational research typically analyzes organizations in categories such as bank, hospital, or university. These categories have been treated as crisp analytical constructs designed by researchers. But sociologists increasingly view categories as constructed by audiences. This book builds on cognitive psychology and anthropology to develop an audience-based theory of organizational categories. It applies this framework and the new language of theory building to organizational ecology. It reconstructs and integrates four central theory fragments, and in so doing reveals unexpected connections and new insights. |
formalization meaning in business: Generation to Generation Kelin E. Gersick, 1997 Generation to Generation will help managers understand the special dynamics & challenges that family businesses face as they move through their life cycles. It explains how to handle succession, & the role of non-family professionals. |
formalization meaning in business: Organizational Project Management Ralf Müller, Nathalie Drouin, Shankar Sankaran, 2019 This concise text introduces an integrated view of all project management-related activities in an organization, called Organizational Project Management (OPM). Practical cases from several organizations, as well as popular theories such as the Resource-Based Theory and Institutional Theory provide for an insightful yet realistic understanding of OPM as an integrative tool for organizations to improve their efficiency and effectiveness. |
formalization meaning in business: Business-State Relations under PT Governments Stefanie Tomé Schmitt, 2022-02-21 During the Partido dos Trabalhadores (PT) – Workers Party, Governments in Brazil, non-electoral and extra-parliamentary political participation grew significantly. Both Lula and Rousseff used an increasing number of mechanisms of participation, known in Portuguese as órgãos colegiados – collegiate bodies, for democratizing political decisions. Stefanie Tomé Schmitt's book addresses the impacts of participatory policy-making on business-state relations under the New Developmentalism. Her research uncovers business participation in 125 collegiate bodies based on data collected with the peak sectoral corporatist business associations of agriculture, commerce, industry and financial services. It discloses a formalized pattern of business politics linked to the use of Corporatist Institutions, exposing a gap between Political Sociology and Political Economy approaches to interest representation in Brazil. In joining the rule configuration assessment with a process tracing of participatory policy-making in employment, innovation, and biodiversity, her investigation also reveals that engendering a more formalized pattern of business politics relied on more than choices of institutional design promoting business inclusiveness: it was contingent on business and government commitment building within mechanisms of participation and in related policy networks. |
formalization meaning in business: Lawlessness and Economics Avinash K. Dixit, 2007-05-13 How can property rights be protected and contracts be enforced in countries where the rule of law is ineffective or absent? How can firms from advanced market economies do business in such circumstances? In Lawlessness and Economics, Avinash Dixit examines the theory of private institutions that transcend or supplement weak economic governance from the state. In much of the world and through much of history, private mechanisms--such as long-term relationships, arbitration, social networks to disseminate information and norms to impose sanctions, and for-profit enforcement services--have grown up in place of formal, state-governed institutions. Even in countries with strong legal systems, many of these mechanisms continue under the shadow of the law. Numerous case studies and empirical investigations have demonstrated the variety, importance, and merits, and drawbacks of such institutions. This book builds on these studies and constructs a toolkit of theoretical models to analyze them. The models shed new conceptual light on the different modes of governance, and deepen our understanding of the interaction of the alternative institutions with each other and with the government's law. For example, one model explains the limit on the size of social networks and illuminates problems in the transition to more formal legal systems as economies grow beyond this limit. Other models explain why for-profit enforcement is inefficient. The models also help us understand why state law dovetails with some non-state institutions and collides with others. This can help less-developed countries and transition economies devise better processes for the introduction or reform of their formal legal systems. |
formalization meaning in business: Analyzing the Economics of Financial Market Infrastructures Diehl, Martin, 2015-08-17 The prosperity and stability of any economic structure is reliant upon a foundation of secure systems that regulate the movement of money across the globe. These structures have become an integral part of contemporary society by reducing monetary risk and increasing financial security. Analyzing the Economics of Financial Market Infrastructures is a pivotal reference source for the latest scholarly research on the current developments in financial systems and how these processes are evolving due to new regulations and technical advances. Featuring extensive coverage on a range of relevant topics on payment systems, central securities depositories, central counterparties, and trade repositories, this book is an essential reference source for professionals in the financial sector, analysts, IT professionals, and academicians concerned with emerging research on financial markets. This book features timely, research-based chapters on a variety of crucial topics including, but not limited to, payment timing, multi-layer networks, transaction simulations, payment system analysis, and regulation of financial marketplaces. |
formalization meaning in business: Deep Change Robert E. Quinn, 2010-08-20 Don't let your company kill you! Open this book at your own risk. It contains ideas that may lead to a profound self-awakening. An introspective journey for those in the trenches of today's modern organizations, Deep Change is a survival manual for finding our own internal leadership power. By helping us learn new ways of thinking and behaving, it shows how we can transform ourselves from victims to powerful agents of change. And for anyone who yearns to be an internally driven leader, to motivate the people around them, and return to a satisfying work life, Deep Change holds the key. |
formalization meaning in business: Enhancing Organizational Performance National Research Council, Division of Behavioral and Social Sciences and Education, Commission on Behavioral and Social Sciences and Education, Committee on Techniques for the Enhancement of Human Performance, 1997-04-02 Total quality management (TQM), reengineering, the workplace of the twenty-first centuryâ€the 1990s have brought a sense of urgency to organizations to change or face stagnation and decline, according to Enhancing Organizational Performance. Organizations are adopting popular management techniques, some scientific, some faddish, often without introducing them properly or adequately measuring the outcome. Enhancing Organizational Performance reviews the most popular current approaches to organizational changeâ€total quality management, reengineering, and downsizingâ€in terms of how they affect organizations and people, how performance improvements can be measured, and what questions remain to be answered by researchers. The committee explores how theory, doctrine, accepted wisdom, and personal experience have all served as sources for organization design. Alternative organization structures such as teams, specialist networks, associations, and virtual organizations are examined. Enhancing Organizational Performance looks at the influence of the organization's norms, values, and beliefsâ€its cultureâ€on people and their performance, identifying cultural levers available to organization leaders. And what is leadership? The committee sorts through a wealth of research to identify behaviors and skills related to leadership effectiveness. The volume examines techniques for developing these skills and suggests new competencies that will become required with globalization and other trends. Mergers, networks, alliances, coalitionsâ€organizations are increasingly turning to new intra- and inter-organizational structures. Enhancing Organizational Performance discusses how organizations cooperate to maximize outcomes. The committee explores the changing missions of the U.S. Army as a case study that has relevance to any organization. Noting that a musical greeting card contains more computing power than existed in the entire world before 1950, the committee addresses the impact of new technologies on performance. With examples, insights, and practical criteria, Enhancing Organizational Performance clarifies the nature of organizations and the prospects for performance improvement. This book will be important to corporate leaders, executives, and managers; faculty and students in organizational performance and the social sciences; business journalists; researchers; and interested individuals. |
formalization meaning in business: International Encyclopedia of Housing and Home , 2012-10-09 Available online via SciVerse ScienceDirect, or in print for a limited time only, The International Encyclopedia of Housing and Home, Seven Volume Set is the first international reference work for housing scholars and professionals, that uses studies in economics and finance, psychology, social policy, sociology, anthropology, geography, architecture, law, and other disciplines to create an international portrait of housing in all its facets: from meanings of home at the microscale, to impacts on macro-economy. This comprehensive work is edited by distinguished housing expert Susan J. Smith, together with Marja Elsinga, Ong Seow Eng, Lorna Fox O'Mahony and Susan Wachter, and a multi-disciplinary editorial team of 20 world-class scholars in all. Working at the cutting edge of their subject, liaising with an expert editorial advisory board, and engaging with policy-makers and professionals, the editors have worked for almost five years to secure the quality, reach, relevance and coherence of this work. A broad and inclusive table of contents signals (or tesitifes to) detailed investigation of historical and theoretical material as well as in-depth analysis of current issues. This seven-volume set contains over 500 entries, listed alphabetically, but grouped into seven thematic sections including methods and approaches; economics and finance; environments; home and homelessness; institutions; policy; and welfare and well-being. Housing professionals, both academics and practitioners, will find The International Encyclopedia of Housing and Home useful for teaching, discovery, and research needs. International in scope, engaging with trends in every world region The editorial board and contributors are drawn from a wide constituency, collating expertise from academics, policy makers, professionals and practitioners, and from every key center for housing research Every entry stands alone on its merits and is accessed alphabetically, yet each is fully cross-referenced, and attached to one of seven thematic categories whose ‘wholes' far exceed the sum of their parts |
formalization meaning in business: La Transition de L'économie Informelle Vers L'économie Formelle International Labour Conference, 2015 |
formalization meaning in business: Handbook of Financial Econometrics Yacine Ait-Sahalia, Lars Peter Hansen, 2009-10-19 This collection of original articles—8 years in the making—shines a bright light on recent advances in financial econometrics. From a survey of mathematical and statistical tools for understanding nonlinear Markov processes to an exploration of the time-series evolution of the risk-return tradeoff for stock market investment, noted scholars Yacine Aït-Sahalia and Lars Peter Hansen benchmark the current state of knowledge while contributors build a framework for its growth. Whether in the presence of statistical uncertainty or the proven advantages and limitations of value at risk models, readers will discover that they can set few constraints on the value of this long-awaited volume. - Presents a broad survey of current research—from local characterizations of the Markov process dynamics to financial market trading activity - Contributors include Nobel Laureate Robert Engle and leading econometricians - Offers a clarity of method and explanation unavailable in other financial econometrics collections |
formalization meaning in business: Emerging Trends in Applications and Infrastructures for Computational Biology, Bioinformatics, and Systems Biology Hamid R Arabnia, Quoc Nam Tran, 2016-03-25 Emerging Trends in Applications and Infrastructures for Computational Biology, Bioinformatics, and Systems Biology: Systems and Applications covers the latest trends in the field with special emphasis on their applications. The first part covers the major areas of computational biology, development and application of data-analytical and theoretical methods, mathematical modeling, and computational simulation techniques for the study of biological and behavioral systems. The second part covers bioinformatics, an interdisciplinary field concerned with methods for storing, retrieving, organizing, and analyzing biological data. The book also explores the software tools used to generate useful biological knowledge. The third part, on systems biology, explores how to obtain, integrate, and analyze complex datasets from multiple experimental sources using interdisciplinary tools and techniques, with the final section focusing on big data and the collection of datasets so large and complex that it becomes difficult to process using conventional database management systems or traditional data processing applications. Explores all the latest advances in this fast-developing field from an applied perspective Provides the only coherent and comprehensive treatment of the subject available Covers the algorithm development, software design, and database applications that have been developed to foster research |
formalization meaning in business: Industry Level Analysis Vincent Palmade, 2005 Abstract: There are many economic diagnostic tools available which are trying to identify the constraints to economic growth in a given country. Unfortunately these tools tend to provide inconclusive and often conflicting answers as to what the most important constraints are. Even more worrisome, they tend to overlook the many industry-specific policy and enforcement issues which, collectively, have been found to be the most important constraints to economic growth. This is the key finding from more than 10 years of economic research by the McKinsey Global Institute (MGI). The MGI Country studies have been uniquely based on the in-depth analysis of a representative sample of industries where clear causality links could be established between factors in the firms' external environment and their behavior, in particular through the analysis of competitive dynamics. They showed in detail how industry-specific policy and enforcement issues were the main constraints to private investment and fair competition-the two drivers of productivity and thus economic growth. This finding implies that governments and international financial institutions should rely on in-depth industry level analysis to uncover product market competition issues and set reform priorities. These analyses should include the often overlooked but critically important domestic service sectors such as retail and housing construction.--World Bank web site. |
formalization meaning in business: Mafia Organizations Maurizio Catino, 2019-02-07 How do mafias work? How do they recruit people, control members, conduct legal and illegal business, and use violence? Why do they establish such a complex mix of rituals, rules, and codes of conduct? And how do they differ? Why do some mafias commit many more murders than others? This book makes sense of mafias as organizations, via a collative analysis of historical accounts, official data, investigative sources, and interviews. Catino presents a comparative study of seven mafias around the world, from three Italian mafias to the American Cosa Nostra, Japanese Yakuza, Chinese Triads, and Russian mafia. He identifies the organizational architecture that characterizes these criminal groups, and relates different organizational models to the use of violence. Furthermore, he advances a theory on the specific functionality of mafia rules and discusses the major organizational dilemmas that mafias face. This book shows that understanding the organizational logic of mafias is an indispensable step in confronting them. |
formalization meaning in business: Logic from Russell to Church Dov M. Gabbay, John Woods, 2009-06-16 This volume is number five in the 11-volume Handbook of the History of Logic. It covers the first 50 years of the development of mathematical logic in the 20th century, and concentrates on the achievements of the great names of the period--Russell, Post, Gödel, Tarski, Church, and the like. This was the period in which mathematical logic gave mature expression to its four main parts: set theory, model theory, proof theory and recursion theory. Collectively, this work ranks as one of the greatest achievements of our intellectual history. Written by leading researchers in the field, both this volume and the Handbook as a whole are definitive reference tools for senior undergraduates, graduate students and researchers in the history of logic, the history of philosophy, and any discipline, such as mathematics, computer science, and artificial intelligence, for whom the historical background of his or her work is a salient consideration.• The entire range of modal logic is covered• Serves as a singular contribution to the intellectual history of the 20th century• Contains the latest scholarly discoveries and interpretative insights |
formalization meaning in business: The Hidden Enterprise Culture Colin C. Williams, 2008-01-01 This book will be an excellent primer for policy makers wishing to understand the nature and contradictory significance of the underground economy and needing to design suitably subtle policy responses to it. Roger Lee, Growth and Change The Hidden Enterprise Culture is a top pick for any economist or academician interested in this field, as well as for any underground entrepreneur who wants to make their enterprise lawful with the fewest possible legal complications. Midwest Book Review Strongly recommended for policy makers and students of business. Global Business Review Portraying how entrepreneurs often start out conducting some or all of their trade on an off-the-books basis and how many continue to do so once they become established, this book provides the first detailed account of the vast and ubiquitous hidden enterprise culture existing in the interstices of western economies. Until now, the role of the underground economy in enterprise creation, entrepreneurship and small business development has been largely ignored despite its widespread prevalence and importance. In contrast to much of the previous literature that views the underground economy as low-paid, exploitative sweatshop work that should be deterred, this book takes a fresh, more positive perspective that considers the underground economy as a hidden enterprise culture. Colin C. Williams prescribes the means by which western governments can best harness this hidden culture of enterprise. He outlines detailed policy initiatives that seek to assist business ventures in setting up on a formal footing, and aim to encourage underground enterprises and entrepreneurs to make the transition into the realm of legitimacy. This book provides a lucid guide as to how the hidden culture of enterprise can be brought into the open. As such, it will prove invaluable to a wide-ranging audience including scholars and students of business studies, entrepreneurship, management, economics and regional science. |
formalization meaning in business: Economic Informality Ana Maria Oviedo, Mark R. Thomas, Kamer Karakurum- zdemir, 2009-06-01 This survey assembles recent theoretical and empirical advances in the literature on economic informality and analyzes the causes and costs of informality in developed and developing economies. Using recent evidence, the survey discusses the nature and roots of informal economic activity across countries, distinguishing between informality as the result of exclusion and exit. The survey provides an extensive review of recent international experience with policies aimed at reducing informality, in particular, policies that facilitate the formalization process, create a framework for the transition from informality to formality, lend support to newly created firms, reduce or eliminate inconsistencies across regulation and government agencies, increase information flows, and increase enforcement. |
formalization meaning in business: Human Resource Management Robert N. Lussier, John R. Hendon, 2014-12-11 Human Resource Management: Functions, Applications, and Skill Development, Second Edition, featuring the 2013 Society for Human Resource Management (SHRM) Human Resource Curriculum Guide, explores important HRM concepts and functions with a strong emphasis on skill development, critical thinking, and application. In this fully-revised edition, all 210 required SHRM topics are noted within the chapter content as Robert N. Lussier and John Hendon prepare students to develop HRM skills they can use in their personal and professional lives. Students stay engaged through a wide variety of activities and tools that allow them to immediately apply HR functions and concepts. |
formalization meaning in business: Certifiable Software Applications 3 Jean-Louis Boulanger, 2018-09-03 Certifiable Software Applications 3: Downward Cycle describes the descending phase of the creation of a software application, detailing specification phases, architecture, design and coding, and important concepts on modeling and implementation. For coding, code generation and/or manual code production strategies are explored. As applications are coded, a presentation of programming languages and their impact on certifiability is included. - Describes the descending phase of the creation of a software application, detailing specification phases, architecture, design and coding - Presents valuable programming examples - Includes a presentation of programming languages and their impact on certifiability |
formalization meaning in business: Jua Kali Kenya Kenneth King, 1996 Analyzes the three televised debates in 1992 among presidential candidates Bill Clinton, George Bush, and Ross Perot, showing how candidates used persuasive attack and defense strategies to undermine their opponents and preserve vital issues of personal credibility and policy matters. Includes complete transcripts of the debates. Annotation copyright by Book News, Inc., Portland, OR |
formalization meaning in business: Organization Structures Helmy H. Baligh, 2006-01-27 Organization Structures: Theory and Design, Analysis and Prescription describes how to organize people to achieve a desired outcome. This is accomplished by establishing sets of rules from real world organization contexts. Moreover, the development of these rules within real world contexts means that the rules must be true, general, operational, technically sound, and easy to use. With an understanding of rules and the processes of their use, organization structures can be identified, which in turn form the basis of a theoretical framework. This book discusses, examines, and demonstrates the interrelationship of the design rules, their theoretical use within these organization structures, along with their practical implications. Throughout the book, an extended example of the Masters Brewing Corporation (MBC) is used to illustrate the conceptual material and to make the implications of the organizational analysis explicitly concrete. |
formalization meaning in business: Homotopy Type Theory: Univalent Foundations of Mathematics , |
formalization meaning in business: Advances in Government Enterprise Architecture Pallab Saha, 2009 This resource is a compilation of chapters on government Enterprise architecture with the intention of informing professionals with different levels of enterprise architecture knowledge. |
formalization meaning in business: The Informal Economy in Developing Countries Jean-Pierre Cling, Stéphane Lagrée, Mireille Razafindrakoto, François Roubaud, 2014-08-21 Informality is ubiquitous in most developing countries. Understanding the informal economy is therefore of utmost importance from a political, economic and social point of view. Paradoxically, despite its economic importance, knowledge is extremely limited regarding the informal economy. It remains largely unrecognized by researchers, is neglected by politicians, and is even negatively perceived as it is meant to disappear with development. This book aims to amend this situation by presenting recent high level research which studies the informal sector and informal employment. Fresh research into this subject is presented through empirical analysis which covers Asia, Africa and Latin America. Each chapter relies on data and a detailed knowledge of the context of the countries studied in order to question the dominant schools of thought on the origins and causes of informality. The results provide interesting insights into the constraints faced by informal workers, the dynamics of the informal economy and its link with poverty issues. On the basis of the evidences provided by results adequate policies could be defined to address informality issues. The principal characteristics of the informal sector testify to some profound similarities between developing countries: low qualifications and the precariousness of jobs, mediocre incomes and working conditions, atomization of production units and lack of articulation with the formal economy, etc. This general statement does not contradict the observation that there is a high level of heterogeneity in the sector and in informal employment within each country, confirmed by several chapters in this work. In the absence of a sufficient number of job creations, the informal sector essentially constitutes a refuge for workers seeking and is here to stay in the short and medium term, even in emerging countries. |
formalization meaning in business: Key Concepts in Organization Theory Ann L Cunliffe, John T Luhman, 2012-08-16 From agency theory to power and politics, this indispensable guide to the key concepts of organization theory is your compass as you navigate through the often complex and abstract theories about the design and functioning of organizations. Designed to complement and elucidate your textbook or reading list, as well as introduce you to concepts that some courses neglect, this historical and interdisciplinary account of the field: - Helps you understand the basics of organization theory - Allows you to check your understanding of specific concepts - Fills in any gaps left by your course reading, and - Is a powerful revision tool Each entry is consistently structured, providing a definition of the concept and why it′s important to theory and practice, followed by a summary of current debates and a list of further reading. This companion will provide you with the nuts and bolts of an understanding that will serve you not just in your organization studies course, but throughout your degree and beyond. Key concepts include: agency theory; business strategy; corporate governance; decision making; environmental uncertainty; globalization; industrial democracy; organizational change; stakeholder theory; storytelling and narrative research; technology and organization structure. |
formalization meaning in business: The Informal Economy Revisited Martha Chen, Françoise Carré, 2020-07-14 This landmark volume brings together leading scholars in the field to investigate recent conceptual shifts, research findings and policy debates on the informal economy as well as future challenges and directions for research and policy. Well over half of the global workforce and the vast majority of the workforce in developing countries work in the informal economy, and in countries around the world new forms of informal employment are emerging. Yet the informal workforce is not well understood, remains undervalued and is widely stigmatised. Contributors to the volume bridge a range of disciplinary perspectives including anthropology, development economics, law, political science, social policy, sociology, statistics, urban planning and design. The Informal Economy Revisited also focuses on specific groups of informal workers, including home-based workers, street vendors and waste pickers, to provide a grounded insight into disciplinary debates. Ultimately, the book calls for a paradigm shift in how the informal economy is perceived to reflect the realities of informal work in the Global South, as well as the informal practices of the state and capital, not just labour. The Informal Economy Revisited is the culmination of 20 years of pioneering work by WIEGO (Women in Informal Employment: Globalizing and Organizing), a global network of researchers, development practitioners and organisations of informal workers in 90 countries. Researchers, practitioners, policy-makers and advocates will all find this book an invaluable guide to the significance and complexities of the informal economy, and its role in today’s globalised economy. The Open Access version of this book, available at https://www.taylorfrancis.com/books/e/9780429200724, has been made available under a Creative Commons Attribution-Non Commercial-No Derivatives 4.0 license |
formalization meaning in business: The Family Business in Tourism and Hospitality Donald Getz, Jack Carlsen, Alison Morrison, 2004-04-16 The family business is a global phenomenon, and is particularly prominent in tourism and hospitality. In many cases, the family business was developed for the purpose of facilitating personal and family goals. For example, in rural areas, farmers can use tourism as a way to generate additional income, thereby remaining in the area and retaining family property. Running a bed and breakfast establishment is a way to mix family and work. Lifestyle, locational and autonomy motives are the norm, but profit and growth-oriented entrepreneurs are also found within family businesses.This book is the first academic treatment of family business issues within the tourism and hospitality industry. It provides comprehensive assessment of ownership, management and family-related concerns across the entire business and family life cycle. Many new international case studies of real family businesses are used to illustrate key points. The book will be of significant interest to researchers and students in tourism and hospitality, small business and entrepreneurship studies, as well as to owners and potential investors in family businesses. |
formalization meaning in business: Organization Theory and Design, 4th Edition Richard L. Daft, Ann Armstrong, 2021-03-18 Organizations must adapt to changing and often challenging environments. This thoroughly updated fourth Canadian edition helps students understand and design organizations for today’s complex environment. The concepts and models offered in this text are integrated with changing events in the real world, presenting the most recent thinking and providing an up-to-date view of organizations. Detailed Canadian examples and cases capture the richness of the Canadian experience, while international examples accurately represent Canada’s role in the world. |
formalization meaning in business: Fundamentals of Human Resource Management Robert N. Lussier, John R. Hendon, 2015-11-26 Fundamentals of Human Resource Management: Functions, Applications, Skill Development takes a unique three-pronged approach that gives students a clear understanding of important HRM concepts and functions, shows them how to apply those concepts, and helps them build a strong skill set they can use in their personal and professional lives. Covering the vast majority the 210 required SHRM Curriculum Guidebook topics required for undergraduates, Fundamentals of Human Resource Management gives the student the ability to successfully manage others in today's work environment. Authors Robert N. Lussier and John R. Hendon engage students with a variety of high-quality applications and skill development exercises to improve students’ comprehension and retention. The authors’ emphasis on current trends and the challenges facing HR managers and line managers today provide students with key insights on important issues and prepare them for successful careers. |
formalization meaning in business: Introduction to the Foundations of Mathematics Raymond L. Wilder, 2013-09-26 Classic undergraduate text acquaints students with fundamental concepts and methods of mathematics. Topics include axiomatic method, set theory, infinite sets, groups, intuitionism, formal systems, mathematical logic, and much more. 1965 second edition. |
formalization meaning in business: The Global Informal Workforce International Monetary Fund, 2021-07-23 The Global Informal Workforce is a fresh look at the informal economy around the world and its impact on the macroeconomy. The book covers interactions between the informal economy, labor and product markets, gender equality, fiscal institutions and outcomes, social protection, and financial inclusion. Informality is a widespread and persistent phenomenon that affects how fast economies can grow, develop, and provide decent economic opportunities for their populations. The COVID-19 pandemic has helped to uncover the vulnerabilities of the informal workforce. |
What Is Formalization? | HR Glossary - AIHR
Formalization is the degree to which fixed rules and procedures dictate how an organization’s employees should behave. It is one of the key dimensions in organizational design, as it helps …
FORMALIZATION Definition & Meaning - Merriam-Webster
The meaning of FORMALIZE is to give a certain or definite form to : shape. How to use formalize in a sentence.
Formalization – Meaning, Advantages, and Disadvantages
Formalization is the process of creating structures that govern operations within an organization. In a formalized organization, work activities are often controlled by a set of accepted rules and …
Formalization - Wikipedia
Formalization or formalisation may refer to Logic translation of a natural language text to formal logic; Drafting formal specifications; A process enhancing bureaucracy in sociology
Formalization - definition of formalization by ... - The Free …
formalization - the act of making formal (as by stating formal rules governing classes of expressions)
Formalization of an Organizational Structure - Bizfluent
Jan 25, 2019 · Formalization is the process of creating a formalized structure and includes the maintenance of that formal structure over time. Formalization of an organizational structure is …
Formalization - CEOpedia | Management online
Nov 17, 2023 · Formalization is the process of expressing something in a precise, symbolic language that is well-defined and can be understood by a machine. It is often used in …
What does FORMALIZATION mean? - Definitions.net
Formalization refers to the process of creating a structured and systematic representation, specification, or model of something complex or abstract. This can be a concept, subject, …
Formalization - an overview | ScienceDirect Topics
Jun 14, 2013 · Formalization refers to the existence of formal rules, regulations, and policies in an organization that govern the behavior of employees and institutionalize successful practices …
formalization | Definition and example sentences - Cambridge …
Examples of how to use “formalization” in a sentence from Cambridge Dictionary.
What Is Formalization? | HR Glossary - AIHR
Formalization is the degree to which fixed rules and procedures dictate how an organization’s employees should behave. It is one of the key dimensions in organizational design, as it helps …
FORMALIZATION Definition & Meaning - Merriam-Webster
The meaning of FORMALIZE is to give a certain or definite form to : shape. How to use formalize in a sentence.
Formalization – Meaning, Advantages, and Disadvantages
Formalization is the process of creating structures that govern operations within an organization. In a formalized organization, work activities are often controlled by a set of accepted rules and …
Formalization - Wikipedia
Formalization or formalisation may refer to Logic translation of a natural language text to formal logic; Drafting formal specifications; A process enhancing bureaucracy in sociology
Formalization - definition of formalization by ... - The Free …
formalization - the act of making formal (as by stating formal rules governing classes of expressions)
Formalization of an Organizational Structure - Bizfluent
Jan 25, 2019 · Formalization is the process of creating a formalized structure and includes the maintenance of that formal structure over time. Formalization of an organizational structure is …
Formalization - CEOpedia | Management online
Nov 17, 2023 · Formalization is the process of expressing something in a precise, symbolic language that is well-defined and can be understood by a machine. It is often used in …
What does FORMALIZATION mean? - Definitions.net
Formalization refers to the process of creating a structured and systematic representation, specification, or model of something complex or abstract. This can be a concept, subject, …
Formalization - an overview | ScienceDirect Topics
Jun 14, 2013 · Formalization refers to the existence of formal rules, regulations, and policies in an organization that govern the behavior of employees and institutionalize successful practices …
formalization | Definition and example sentences - Cambridge …
Examples of how to use “formalization” in a sentence from Cambridge Dictionary.