A functional structure is one of the most common organizational structures. Under this structure, the organization groups employees according to a specialized or similar set of roles or tasks.

Functional organizational structure is best for smaller companies or those that focus on a single product or service. Not designed to change quickly, functional structure works well in a stable ...

As discussed below, functional, product-based, market-based and geographical organizational structures are vertical structures. With a flat organization structure, a person may report to more than ...

Hammer and Champy (1993) define a business process as "a collection of activities that takes one or more kinds of input and creates an output that is of value to the customer". In every ...

Types of organizational structures include functional, divisional, flatarchy, and matrix structures. Senior leaders should consider a variety of factors including the business's goals, industry ...

Growing companies will likely need to adopt an organizational structure at some point, and it’s better to start thinking about implementation sooner rather than later. An organizational ...

She explains that most firms, regardless of style, do actually have a hierarchy, whether explicit or not, and that trying to reflect the true, functional hierarchy in the organizational structure ...

Regular team meetings, cross-functional projects and social events can help build strong relationships and a sense of community within the company. Although a flat organizational structure has ...