Business Organizational Structure BUSA 161/A, Spring 2016.

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Business Organizational Structure BUSA 161/A, Spring 2016

1.Discuss course schedule and class rules 1.Organizational structuring What is org structure and org design? What are the dimensions of org structure What are the types of organizational structure 2.Teamwork: Structuring your organization Business organizational structure assignment What we are doing today

Course Schedule Note: 1.Weekly readings 2.Personal journaling 3.Online Forums Individual general Team reflections 4. Weekly quiz

Reflect: Where we left off Why does structure matter? Organizational Structure and Design

Organization : A meaningful combination of individuals working purposefully to meet a common goal Organizational Structure: Formal arrangement of individuals with respect to the configuration of tasks, responsibilities and authority Organizational Design: Coordinating the structural elements in the most effective manner

The Dimensions of Org Structure Division of labour Hierarchy of authority Span of control – Flat vrs tall Line and Staff positions – decision makers vrs advisors/executers Centralized and decentralized

The Types of Org Structure Traditional Functional Product/Market Matrix Features Not as flexible Hierarchical Specialized

The Types of Org Structure Emerging Horizontal Boundaryless Features High autonomy Flexible Flat

Functional Structure

Product/Market Structure

Matrix Structure

Emerging Structures Horizontal – goals/process, and objective based, flat Boundaryless – Flexible, open to the outside, temporary roles Features Flexible – Flat Open communication Autonomy – Fast response times Focus on process, not function No hierarchy, no departments Reduces cost Not specialized, but highly skilled

Horizontal Organizations Designing with process in mind Autonomous work teams in parallel

Boundaryless Organization High levels of trust and skills to not require management

The Startup Environment

Attributes of an Entrepreneur Risk tolerant Result Oriented Discipline Change loving organized optimistic have people skills confident honest innovative persuasive adaptable competitive focused committed perseveres Builds social capital

How would your organization be structured? Submit: Friday after discussion session Team Work

Read : Kuenyehia on Entrepreneurship Ch 6 Read: Entrepreneurship toolkit: Harvard Biz Essentials Ch3 Quiz Next class: Venturing into business

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