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MANAGEMENT 2, Organizational structure:a structure is the arrangement of…
MANAGEMENT 2
Top-Level-Management,THE EXECUTIVE TEAM, (Planning):CEOs,CFOs, responsible for strategic decisions,overall company direction,and representing the company to stakeholders
Front-Line Management (Direct and control):Supervisors,Office managers,responsible for directyly managing employees and operations
Middle-Level Management (Tacital and Operational planning):Department heads,responsible for implenting strategies and managing day-to-day operations
Organizational structure:a structure is the arrangement of the relationship of position within an oganizations.
AN ORGANIZATION'S STRUCTIURE DEVELOPS When managers assign tasks and activities to
specific individuals or groups and coordinate the
diverse activities required to reach firm’s
objectives.
DEPARTIMENTALIZATION :The grouping of jobs into working units usually
called departments, units, groups or divisions.
CENTRALIZATION: Centralized Organizations: Decision-making authority is concentrated at the top levels (government);
Decentralized Organizations: Authority is distributed across lower levels
SPAN OF CONTROL: Wide span of
management: a
manager directly
supervises a very large
number of employees.
Narrow span of
management: a
manager directly
supervises only a few
subordinates
:
FORMALIZATION: standardizing behaviour trough rules, procedures, training etc. Increases as firms gets older,larger,regulated..
Multidivisional structure: Organizes departments
into larger groups called divisions.
Divisions based on geography,product,or market
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Matrix structure:Combines functional and project managers for flexibility in project-based companies.
Team structure:not hierarchical;Teams focus on collaboration, collective goals and shared accountability.
Leadership Styles:
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Autenthic leadership:Leaders display corporate values and build long-term relationships with stakeholders
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Employee Empowerment:employees authority to make decisions, increasing motivation and innovation; Partecipative Decision-Making: Involving emoployees in decision process
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