Business Organization Models & Planning Essentials
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Organizational Structures
Organizational structures define the set of relationships between the elements that constitute a company, pursuing a common plan or purpose. The structure represents how the company has decided to divide tasks and coordinate activities.
Structure can be formal or informal. The formal structure, which is represented in an organizational chart, is the easiest to analyze. To optimize staff efforts, companies tend to group jobs into various units, often called departments or divisions. Depending on how these groups are formed, we can identify different models. Traditionally, the following types of structures are recognized:
Line Structure
This is the classic structure representing a company's hierarchy. It clearly outlines... Continue reading "Business Organization Models & Planning Essentials" »