If you’re an entrepreneur, you’ll find that when you start your business you must decide on a structure – centralization versus decentralization. If your business expands, how will you control it? Will you have an office? Is it required that your team works at the office in order to drive value? As a business owner
See Also: Organizational Structure Advantages of Centralization Advantages of Decentralization There are several advantages and disadvantages of decentralizing an organization. Decentralizing is optimal when subunit managers and employees have specialized knowledge regarding their particular subunit. Giving subunit managers authority is a good way to train them for future positions in senior management. Empowering employees and
See Also: Organizational Structure: Advantages of Centralization Organizational Structure: Advantages of Decentralization Capital Structure Management Organizational Structure Definition Organizational structure is the way responsibility, authority, and lines of communication are arranged. It is also how all processes occur in a company. Additionally, this term is commonly referred to as organizational culture. The most common organizational
JOIN THE NEXT STRATEGIC CFO™ WORKSHOP SERIES
Strategic CFO™ Financial Leadership Workshop
The Art Of The CFO®
December 4-7, 2023
CONNECT WITH STRATEGIC CFO™
