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Corporate Culture download (11) - Coggle Diagram
Corporate Culture
Organizational Structure components
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Formalization
How the work is structured: Formal organizational structure, is when a specific task is assigned to a specific person, Informal organization, evolved based on both the employee's and organization's needs
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Centralization
Who makes the decisions for the companies on a daily basis. Has been going towards decentralization, so the responsibility of making decisions is spread out within the organization
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Departmentalization
Structured departments for particular tasks, for example, sales, products, customer, etc...
Talent Mobility
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Immigration Policies
Differing if they are sufficient or if they need to be changed to meet the increasing demand for talent
Benefits
Making sure they are portable enough, ex: social security, benefits, pension
Benefits of Entrepreneurship
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Globalization
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Technology
Communicating with clients online
Supporting virtual collaboration for a global workforce
Online business transactions
Technology benefits: skill level of employees has increased, allows employees to work anytime anyplace, gives smaller companies the chance to compete
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