Business Management HL
Business Management HL
6
Chapters
223
Notes
Unit 1 - Introduction To Business Management - QB
Unit 1 - Introduction To Business Management - QB
Unit 2 - Human Resource Management - QB
Unit 2 - Human Resource Management - QB
Unit 3 - Finance & accounts - QB
Unit 3 - Finance & accounts - QB
Unit 4 - Marketing - QB
Unit 4 - Marketing - QB
Unit 5 - Operations management - QB
Unit 5 - Operations management - QB
Unit 6 - Assessment
Unit 6 - Assessment
IB Resources
Unit 2 - Human Resource Management - QB
Business Management HL
Business Management HL

Unit 2 - Human Resource Management - QB

Evolution Of Organizational Structures: Exploring New Models

Word Count Emoji
670 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Hey there future business tycoon! ๐ŸŒŸ Dive into the cool world of organizational structures. These aren't your average boring structures; they're the backbone of how businesses rock their world. Let's get started! ๐Ÿš€

Changing times = changing structures

With the business world always evolving, some companies are ditching traditional structures. We’re looking at:

  • Project-based organization
  • Shamrock organization

Project - based organization

Think of a pizza with different toppings on each slice! ๐Ÿ•

  • Concept: Super flexible structure that forms teams for individual projects. Once done, the team disbands and forms new teams for new projects.

  • How it works

    • Project managers lead teams.
    • Each team is like a mini "Avengers" squad, assembling members from different departments (from accountants to marketing specialists).
    • Teams operate independently.
  • Real-world Example: Imagine a construction company with multiple building projects or an IT firm developing several apps at once. Different teams, same company goal!

  • Fun Fact: It's also called a matrix structure because the teams can be shown in a grid-like table.

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IB Resources
Unit 2 - Human Resource Management - QB
Business Management HL
Business Management HL

Unit 2 - Human Resource Management - QB

Evolution Of Organizational Structures: Exploring New Models

Word Count Emoji
670 words
Reading Time Emoji
4 mins read
Updated at Emoji
Last edited onย 5th Nov 2024

Table of content

Hey there future business tycoon! ๐ŸŒŸ Dive into the cool world of organizational structures. These aren't your average boring structures; they're the backbone of how businesses rock their world. Let's get started! ๐Ÿš€

Changing times = changing structures

With the business world always evolving, some companies are ditching traditional structures. We’re looking at:

  • Project-based organization
  • Shamrock organization

Project - based organization

Think of a pizza with different toppings on each slice! ๐Ÿ•

  • Concept: Super flexible structure that forms teams for individual projects. Once done, the team disbands and forms new teams for new projects.

  • How it works

    • Project managers lead teams.
    • Each team is like a mini "Avengers" squad, assembling members from different departments (from accountants to marketing specialists).
    • Teams operate independently.
  • Real-world Example: Imagine a construction company with multiple building projects or an IT firm developing several apps at once. Different teams, same company goal!

  • Fun Fact: It's also called a matrix structure because the teams can be shown in a grid-like table.

Unlock the Full Content! File Is Locked Emoji

Dive deeper and gain exclusive access to premium files of Business Management HL. Subscribe now and get closer to that 45 ๐ŸŒŸ