What are the different types of company management and management structures?
Companion and management structures are usually organized either in a centralized or decentralized manner. The centralized organization usually introduces decision -making power with those who are in high positions. The structure of the organization is a horizontal hierarchy. On the other hand, decentralized corporations provide employees and managers of front-line power to make and make strategic decisions.
Most management and management structures consist of the Board of Directors, the Executive Management Team and the Department, which can be organized according to the function, division or combination of both. The Board of Directors usually represents the highest level of power, control and authority in the organization. They vote on the company's directives and help shape performance strategies. Regarding publicly owned corporations, the Board of Directors also acts as a kind of connection between the company's executive team and its shareholders.
Centralized Centralized Organization of the Organization causes employees andFRONT-LINE managers are responsible for implementing the principles and procedures of the executive line. Of the two main structures of administration and management of companies, it enables the least creativity and flexibility for its employees. They usually do not participate in the decision -making process that directly affects how they do their work. Some organizations receive feedback from employees from the front line, but the implementation of these designs can often be delayed or cleaned aside.
sometimes also referred to as traditional organizations, centralized organizations assign each position of very specific responsibility and authority. Positions are also evaluated according to the level of supervision and importance. Individuals who hold positions that are higher in the organization hierarchy have more control and decision -making skills. Administration companies that model traditional managerial style will place most of the decisions with the positions of the highest positionsThe levels that can rarely interact with the final consumer of the company.
On the other hand, the decentralized organization gives employees a lower level of power to take decisions that directly affect the company's customer or work tasks of employees. They do not have to get into the order before negotiating to obtain approval. The decentralized organization directly involves all employees in decisions that affect processes, procedures and policies that could improve the terms and conditions of the task. From both structures of administration and management of companies, decentralized organizations tend to support more collaborative environment.
Another advantage for decentralized organizations is that the structure supports more open communication. This also tends to lead to a higher level of motivation of employees and satisfaction with work. Decentralized organizations are also marked as flat or organic.