Module 6.6: Importance of Aligning the Org Structures with Business Strategy Flashcards
(9 cards)
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
