This week’s MBA Mondays from our Strategic Management online MBA
course is on the three types of organizational structure:
simple, functional and divisional. Important for every business,
organizational structure transcends everyday tasks to the entire
operational base of the company. If you don’t have a clearly
defined structure in place, sooner or later your business will
be in trouble because your framework will crumble. Transcript of
the Lesson Structure refers to the formalized arrangement and
interaction between tasks, people and resources in an
organization – and don’t forget technology. It’s most often seen
as ‘Org. Chart’. Now a very simple organizational structure,
this is more operationally based and comes from
entrepreneurship, is where you got an owner and a few employees
with some sort of tasks and responsibilities underneath it. It
tends to be pretty direct supervision and pretty informal, so
that’s the simplest organizational structure. Operationally
based, think of your typical entrepreneur I