Effective organizational design can simultaneously allow a company to obtain a competitive advantage and achieve above-average profitability.

Question

Quizplus · Accepted Answer

Effective organizational design can help a company to optimize its operations, reduce costs, improve quality, enhance customer satisfaction, and facilitate innovation, which in turn can lead to a sustained competitive advantage and better financial performance. A well-designed organization can align its strategy, structure, processes, resources, culture, and leadership to create value for its stakeholders and gain a position of strength in the marketplace. Therefore, it is possible for an organization to achieve both competitive advantage and above-average profitability through effective organizational design.

Effective Organizational Design Can Simultaneously Allow a Company to Obtain