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The multilevel approach to organizational issues of the firm-A critical review

Publication ,  Journal Article
Burton, RM; Obel, B
Published in: Omega
January 1, 1977

This paper critically reviews the progress and state of multilevel decomposition models for the firm and its management. The presentation introduces and summarizes the fundamental ideas and also gives concise statements concerning advanced developments. The pricing approach, and the budgeting approaches are the two approaches considered. For managerial planning, initial starting solutions, iteration processes, and stopping rules are important algorithmic and organizational considerations. Further, in decentralized organizations, the motivations for cheating in planning, incentives for innovation, and reactions to uncertainty require attention. For these approaches one concludes that further theoretical work designed especially for managerial relevance needs to be developed. Despite these deficiencies, the practitioner need not wait for all the answers as the currently employed methods of pricing and budgeting for planning suffer the same deficiencies, and yet lack the power to choose better plans as the multilevel decomposition approach offers. © 1977.

Duke Scholars

Published In

Omega

DOI

ISSN

0305-0483

Publication Date

January 1, 1977

Volume

5

Issue

4

Start / End Page

395 / 414

Related Subject Headings

  • Operations Research
  • 1505 Marketing
  • 1503 Business and Management
  • 0102 Applied Mathematics
 

Citation

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Burton, R. M., & Obel, B. (1977). The multilevel approach to organizational issues of the firm-A critical review. Omega, 5(4), 395–414. https://doi.org/10.1016/0305-0483(77)90004-4
Burton, R. M., and B. Obel. “The multilevel approach to organizational issues of the firm-A critical review.” Omega 5, no. 4 (January 1, 1977): 395–414. https://doi.org/10.1016/0305-0483(77)90004-4.
Burton RM, Obel B. The multilevel approach to organizational issues of the firm-A critical review. Omega. 1977 Jan 1;5(4):395–414.
Burton, R. M., and B. Obel. “The multilevel approach to organizational issues of the firm-A critical review.” Omega, vol. 5, no. 4, Jan. 1977, pp. 395–414. Scopus, doi:10.1016/0305-0483(77)90004-4.
Burton RM, Obel B. The multilevel approach to organizational issues of the firm-A critical review. Omega. 1977 Jan 1;5(4):395–414.
Journal cover image

Published In

Omega

DOI

ISSN

0305-0483

Publication Date

January 1, 1977

Volume

5

Issue

4

Start / End Page

395 / 414

Related Subject Headings

  • Operations Research
  • 1505 Marketing
  • 1503 Business and Management
  • 0102 Applied Mathematics