Organization Structure

• 1.  Per the textbook, there are many possible structures that an  organization can adopt. Give your opinion on the significant ways that  an organization’s structure affects the organization’s ability to adapt  to strategy initiatives. Provide a rationale and / or a real- world  example to support your response. 
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• 2.  Per the textbook, strategy is concerned with matching a firm’s  resources and capabilities to the opportunities that arise in the  external environment. Resources sometimes can be a constraint to an  organization. Speculate on the role of stakeholders in resource  identification in order for value creation and establishing competitive  advantage for an organization. Support your response.

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Organizational  structure refers to the network of relationships among individuals and  positions in an organization. It can be defined as established pattern  of relationships among components of the organization. In business, what  differentiates Small scale and Large-scale business is implementation  of a formal organizational structure. Organizational structure is  important for any growing company to provide guidance and clarity on  specific human resource issues, such as managerial authority.  Small-business owners should begin thinking about a formal structure  early in the growth stage of their business. Another significant way  Organizational structure affects the ability to adapt to strategies  initiatives is that it provides guidance to all employees by laying out  the official reporting relationships that govern the workflow of the  company. A formal outline of a company's structure makes it easier to  add new positions in the company, as well, providing a flexible and  ready means for growth. Without a formal organizational structure,  employees may find it difficult to know who they officially report to in  different situations, and it may become unclear exactly who has the  final responsibility for what. Organizational structure improves  operational efficiency by providing clarity to employees at all levels  of a company. By paying mind to the organizational structure,  departments can work more like well-oiled machines, focusing time and  energy on productive tasks. A thoroughly outlined structure can also  provide a roadmap for internal promotions, allowing companies to create  solid employee advancement tracks for entry-level workers. The different  types of structure an organization can adopt are: Flat Organizational  Structure: There are relatively few layers of management in what is  termed a flat organizational structure, in this set up, employees at all  level are empowered to make decision that will affect the organization.  Decision making is quick. Secondly, the Tall Structure: There  are numerous layers of management in a tall organizational structure,  and often inefficient bureaucracies. In a tall structure, managers make  most operational decisions, and authority must be gained from several  layers up before acting.