A formal organizational structure is a necessity for any large business. Small business owners, however, may find it unnecessary to draft a formal structure while their workforce is small and lean.
Every organization, no matter its size, has an abundance of moving pieces. Ensuring that all those pieces move in perfect synchrony starts by devising an organizational structure that represents the ...
Working on the business model is a fundamental part of pretty much every "lean startup" program, which makes it a fundamental part of pretty much every accelerator and incubator. Research from INSEAD ...
Opinions expressed by Entrepreneur contributors are their own. If you think about it, a company’s organizational structure is akin to a building without elevators. A tall structure has many floors.
The interconnected world means organizations rely less and less on traditional pyramid structures, but more on collaboration. This ideal represents the nature of leadership in a flat organization. An ...
Today, organizational resilience has become more than just a buzzword—it’s a critical capability that determines which companies thrive and which ones merely survive. We often talk about resilience as ...
I received a call from the chief transformation officer of a midsize financial services company. Their company-wide change effort to shift from a product company to a services company was in shambles ...
Business owners usually decide on an organizational structure when writing their business plans. The owner will typically start hiring executives first, then add employees as his organization grows.