Here’s how to craft an organizational system that helps your business win. Opinions expressed by Entrepreneur contributors are their own. From a logistical perspective, it can be surprising to find that many small businesses and startups need a sound organizational structure . How one structures their team, company leadership and the flow of information and communication within their organization can spell the difference between a business scaling successfully or one whose growth is stunted or outright fails. Organizational structures are crucial for any business. They outline who reports and is accountable to who, what each employee’s job is, the makeup of teams and help streamline the flow of information through the organization. The types of organizational structures Organizational structures are not all the same. Different types are applied for different purposes. Depending on the type and size of the business, one organizational structure may work better than the rest. There are seven known structures a business has to choose from. Hierarchical structure : This is the structure that most people likely picture when they hear the words "organizational structure." This pyramid-shaped chart is the most common structure and follows a typical top-down chain of command. Functional structure : This […]
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