AFM280 Lecture Notes - Lecture 22: Organizational Chart

• School: University of Waterloo
• Department: Accounting & Financial Management
• Course: AFM280
• Professor: D'arcy Delamere

Document Summary

Knowing something about organizational structure affect: career strategy, work specialization, when can it hinder the work, you are doing. Why the different structures: size, the smaller operations the less complicated the structure, the bigger the more structure you need, strategy. A loose structure, low specialization, low formalization, decentralized: cost: want a tighter structure, more control, mechanistic structure. Imitation: mechanistic and organic: technology, allows people to work from home. Monitor and share work through programs to allow us to have a organic structure: business environment, a more dynamic environment, a more stable environment, a more complex environment we need to tap into skills of people, more organic. In return drives usage of technology and what company size you need. Common organizational forms: simple structures, bureaucratic structure: exhibits facets of mechanistic organization, functional structure, multi-division structure, product structure, geographic structure, client structure, matrix structure, more complex that takes advantage of functional and product/geographic structure.