Module 6.6: Importance of Aligning the Org Structures with Business Strategy Flashcards
What does organizational structure improve?
Organizational structure improves operational efficiency by providing clarity to employees at all levels of a company
How are front-line employees empowered in a flat structure?
In a flat structure, front-line employees are empowered to make a range of decisions on their own and information flows quickly from bottom-level employees to top-level employees
How does information flow in a tall structure?
In a tall structure, information generally flows one-way from the top to bottom-level structure
What does an organizational structure provide?
Organization Structure provides a clear organization chart that helps business keep track of their human resources
4 Business Elements
- Product
- Market
- Money
- People
Product
offerings that solve specific problems or services of doing things
Market
who will be the potential clients
Money
funds
People
make the business work
