Organizational Structure for Companies With Examples and Benefits
An organizational structure is a system that outlines how certain activities are directed to achieve the goals of an organization. These activities can include rules, roles, and responsibilities. The organizational structure also determines how information flows between levels within the company. Decisions flow from the top down in a centralized structure. Decision-making power is distributed among various levels of the organization in a decentralized structure. Having an organizational structure in place allows companies to remain efficient and focused.
This article examines different types of organizational structures, as well as their benefits.
Type
Article
Licence Condition
Full Copyright - All rights reserved
Region
All
Language
English
Topics
Organizational Structures and Staffing
Keywords
organizational structures
roles and responsibilities
human resource management
Copyright Holder
Investopedia
Publisher/Source
Investopedia