The best way to organize a business depends on the requirements of the markets in which it operates. A multidivisional structure, although often associated with large enterprises, can be beneficial ...

HR might not always get to pick the company’s global structure, but they’re definitely the ones dealing with the day-to-day impact. Whether it’s a centralized, decentralized, or matrix structure, it’s ...

Matrix management is a structure for running those companies that have both a diversity of products and a diversity of markets. In a matrix structure, responsibility for the products goes up and down ...

PHILIPS, a Dutch electrical giant, was one of the earliest champions of the matrix structure. After the second world war it set up both national organisations and product divisions. The boss of the ...

If you don't design an organizational structure, you'll end up with one anyway. Organizational structure happens at every company, either by conscious choice or unconscious evolution. Conscious choice ...