6 Most Common Types of Organizational Structures (Pros & Cons) | From A Business Professor

Description

The organizational structure of some traditional companies could look like this. However, some technology companies’ structures might look like this. In the real business world, depending on the industry, size, and stage, companies could have significantly different types of organizational structures. Organizational structure is the backbone of all the operating procedures and workflows at any company. It determines the place and the role of each employee in the business and is key to organizational development. In this video, I will introduce the 6 most common types of organizational structures, which include Hierarchical structure, Functional structure, Flat structure, Divisional structure, Matrix structure, and Network structure. Within each one, I will also discuss its advantages and disadvantages.