THE ROLE OF RESOURCE ALLOCATION AND GOAL PRIORITIZATION IN ACHIEVING MULTIPLE ORGANIZATIONAL GOALS

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It is common to observe organizations with multiple goals in order to survive and gain competitiveb advantages (Unworth et al., 2014; Adderio, 2014). We address the strategy for the pursuit and achievement of multiple goals from the perspective of resource allocation. This study models organizational learning as the goal-oriented organizational behaviors with multiple goals. We modify the organizational structures, in terms of dividing manpower into different groups, and time assignment for each goal. Using a computational simulation model, we find that simultaneous attention to goals through departmentalization of human resources and assigning longer time per goal enhances the organizational outcomes. Our findings are related to preserving diverse knowledge within the organizations to outperform. Analyses of our results indicate that knowledge diversity is key sources for the pursuit and achievement of multiple goals.
Publisher
Copenhagen Business School
Issue Date
2021-10-19
Language
English
Citation

DRUID21

URI
http://hdl.handle.net/10203/290936
Appears in Collection
RIMS Conference Papers
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