Equifinality: Difference between revisions
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imported>Doug Williamson (Create page. Sources: linked pages and Revolvy webpage https://www.revolvy.com/page/Equifinality) |
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* [[Market environment matrix]] | * [[Market environment matrix]] | ||
* [[Shareholder value]] | * [[Shareholder value]] | ||
* [[TIMTOWTDI]] | |||
* [[UK Corporate Governance Code]] | * [[UK Corporate Governance Code]] | ||
Latest revision as of 22:19, 23 October 2019
1. Competitive advantage.
Equifinality means that there are different, and equally valid, routes to reach the same end result.
In business, equifinality means that firms can establish similar competitive advantages based on substantially different competencies.
2. Organisational management.
In the organisational context, equifinality means that there is no single optimal structure for achieving organisational effectiveness.
This also promotes the importance of diversity of thought as a key aspect of organisational diversity.
3.
Similar concepts applied in many other fields.
See also
- 30% Club
- Affinity bias
- BAME
- Board of directors
- Competition
- Corporate governance
- Corporate social responsibility
- D&I
- Developments in corporate and market regulation: implications for the treasurer
- Diversification
- Diversity
- ESG investment
- Ethics
- Governance
- Kay Review
- Institute of Business Ethics
- Market environment matrix
- Shareholder value
- TIMTOWTDI
- UK Corporate Governance Code
