Wirtschaftswissenschaftliche Fakultät

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Practices, Processes and Designs


Besides the organizational capital represented by individuals there is a firm-specific capital embodied in the way a firm is organized. These include formal organizational designs concerning coordination (e.g. the use of lateral or vertical coordination) and motivation (e.g. incentive systems) as well as efficient workflows within an organization. Moreover organizational practices represent informal ways of coordinating and motivating. These include mentoring and coaching behavior of supervisors, elements of on the job training of new employees or informal and self enforcing rules like organizational culture.