Instituionalization
Instituionalization
First of all, when the term of institutionalization is in question, the following keywords could be given;
Operating without being dependency on the people, professionals,
Bringing in a formal image to the companies or foundations,
Managing with rules, procedures, process mindedness,
Maintain standard business outputs, products or services everyday or every time,
Measuring a lot of parameters during operating and evaluating these measurements in order to manage objectively,
Following the mission, vision and strategies defined previously in a strict manner,
Obeying the rules, regulations and laws,
Having a powerful brand name,
Utilizing the accepted and up to date management tools such as ISO, ERP, TQM, Six sigma.
Sometimes, using a well known software in a foundation could be an indicator of being institutionalized. For instance, SAP. Generally, the companies having institutionalized image could invest in these types of enterprise software.
Providing reliability both to external and internal