The matrix structure is one of the best options for the management process of IT companies, any project teams. It allows you to unload the top-level management. At the same time, all employees interact with each other, which allows you to quickly make management decisions and respond to changes in the external environment.
Divisional
The divisional organizational structure is neither horizontal nor vertical. It is a cayman islands phone number list management model in which the organization is divided into separate, independent units or divisions. Each branch operates as a separate unit with its own budget, resources, and goals, but still reports to a common control center.
For example, the large multinational corporation General Electric has companies in the fields of healthcare, energy, aviation, etc. Each organization operates as a separate business, but they all follow a common corporate strategy.
In general, divisional structures are suitable for companies that operate in different industries or cities, countries. This allows them to remain competitive in different markets and provides flexibility.
This is a complex structure with centralized power, which is only suitable for large companies or industries.
There are different types of divisional organizational structures:
Commodity - a separate division is formed for each product.
Regional - divisions are created for different regions.
The advantage of a divisional structure is that divisions can react quickly to changes in their market segments. However, it can be difficult to reconcile the interests of different branches, and strong competition arises between them.
Market - a separate company is created for each market
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