Vocabulary
What is Authority?
An individual or group of people that control situations, decisions, or actions of other individuals.
What is a decentralized organization?
An organization where lower-level employees are empowered to make more decisions.
What is autocratic leadership?
The leader makes all decisions and expects strict compliance from employees.
What is change management?
Systematic approach to dealing with the transition or transformation of an organization's goals.
What is a Hierarchical Structure?
This classic structure has a clear chain of command from top executives down to entry-level employees, often found in large corporations.
What is responsibility?
The self duty to complete a task and be accountable
What is span of control?
The number of members that directly answer to a manager.
What is democratic or participative leadership?
This leadership style emphasizes collaboration and often involves employees in decision-making processes to foster engagement and motivation.
What is cost control?
company aiming to improve costs and profit by reducing resource use.
What is a Flat Structure?
A type of structure where a company reduces management layers to promote direct communication and a flexible workplace.
What is the chain of command?
Line of communication, connection, and authority within a business
(superviser, manager)
What is a centralized organization?
An organization where decision-making power is primarily held by upper management.
What is transactional leadership?
This style is results-oriented, with leaders setting clear goals and performance metrics, often motivating employees through rewards and accountability.
What is process optimization?
Restructuring an organization to improve workflow and reduce bottlenecks is often a result of this approach.
What is a Matrix Structure?
In this structure, employees may report to multiple managers across different departments or projects, fostering collaboration—an approach often used by tech companies.
What is the matrix organizational structure?
A company structure where teams report to multiple leaders
What is a hierarchy?
the arrangement and organization of individuals within a corporation according to power, status, and job function.
What is delegation?
The systematic passing of authority from higher management to lower employees.
What is empowerment?
enabling employees to take ownership of their work and contribute to meaningful decision-making
What is a Divisional Structure?
split their organization by regions or products, with each division functioning semi-autonomously to suit local markets or product needs.
What is delayering?
The reduction of levels of hierarchy in an organization.
What is an organizational chart?
A visual representation of structure in an organization, showing lines of authority and communication.
What is transformational leadership?
Known for inspiring and motivating employees toward a vision, this style focuses on transformation and change, often encouraging employees to go beyond their comfort zones.
What is innovation?
ability to conceive, develop, deliver, and scale new products, services, processes, and business models for customers
What is a Network Structure?
This structure minimizes in-house roles, instead coordinating with external partners and contractors to achieve goals