GMS 200 Lecture Notes - Lecture 10: Strategic Management, Hierarchical Organization
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Chapter 8 (lecture 10: the process of arranging people and other resources to work together to accomplish a goal. It involves dividing up the work to be done and coordinating results to achieve a common purpose. Organization structure refers to the system of tasks and workflows, reporting relationships & communication channels that link together the work of diverse individuals and groups. In the management process of organizing, the strategic leadership challenge is to choose strategy to best fit the established organizational structure. The formal structure of the organization represents the way the organization is intended to function in terms of division of work, supervisory relationships, communication channels, major subunits, and levels of management. A shadow organization made up of the unofficial, but often critical, working relationships between organizational members. Informal structures always serve the best interest of the organization is false. Three common types of traditional organizational structures are functional, divisional, and matrix.