Organizational structure for a multi-business corporation
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1. Which organizational structure is best for a multi-business corporation, or is there one?
2. Why or why not?
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Solution Summary
This discusses the organizational structure suitable for a multi-business corporation,
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1. Which organizational structure is best for a multi-business corporation, or is there one?
Why or why not?
Organizational structure is the formal decision-making framework by which job tasks are divided, grouped, and coordinated. Organizational structure determines the role and responsibilities within the organization.
Purpose of organization structure
Organization structure is one of the key elements of the strategy implementation. Thus key objectives of it are:
? Building a capable organization
? Allocating ample resources to strategy-critical activities
? Establishing strategy supportive policies & procedures
? Instituting best practices & mechanisms for continuous improvement
Types of organization structure:
Functional Structure
The organization is structured ...
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