Organizational structure defines the ways a company arranges its people and jobs to perform the work, and to achieve its goals and objectives. A small business can operate with less-formal structures ...

A small business can use one of three primary organization structure options: functional, divisional or matrix. Essentially, the organizational structure creates a business hierarchy to increase the ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Throughout my three decades working with manufacturers and supply chain professionals, I've seen firsthand how enterprise resource planning systems have created silos — and how they can be exacerbated ...

Silos are frequently viewed as major obstacles within organizations, blamed for stifling innovation, hindering communication and causing inefficiencies. However, the existence of silos is not always ...