Many small-business owners use the traditional hierarchical organization structure to help manage their employees and operations. While this, and other formal business structures, have worked well for ...

Although informal and formal organizations might seem diametrically opposed, they can and do coexist within a single company's organizational structure. Indeed, every company with a formal structure ...

Just like no two people are the same, no two companies are identical. While you may find similar organizations within the same industry, there will always be nuances and differences between every ...

Picture the most successful companies in the world; they have one thing in common — an effective organizational structure. But what exactly does that entail and how can it make or break a business? If ...

Thompson, Tracy A., and Kathleen L. McGinn. "Changing Formal and Informal Structure to Enhance Organizational Knowledge." Harvard Business School Working Paper, No. 98-060, December 1997.

When getting started, a key responsibility of many small business owners is handling the organization’s human resources responsibilities. It will, however, likely become too much of a burden as you ...