decentralized

Examples of decentralized in the following topics:

• Decentralization

  • Decentralization is the policy of delegating decision-making authority down to the lower levels in an organization.
  • Decentralized organizations tend to utilize many channels of information flow, allowing for more open communication between group members.
  • In a more decentralized organization, the top executives delegate much of their decision-making authority to lower tiers of the organizational structure.
  • A major disadvantage to a decentralized organization is that departments can easily lose sight of the organization's common mission.
  • Decentralized organizations tend to utilize many channels of information flow, allowing for more open communication between group members.

• Centralized versus decentralized organizations

  • There are two communication models that are utilized—centralized and decentralized.
  • Decentralized organizations tend to utilize many channels of information flow, allowing for more open communication between group members.
  • One of the major advantages to decentralized communication is that problems and processes can be solved and changed in a timely manner.
  • A major disadvantage to a decentralized organization is that departments can easily lose sight of the organization's common mission.
  • So how does an owner begin to digest and pick between all the choices (function, product, process, project or matrix structure, flat versus tall, centralized versus decentralized) available when it comes to organizing a business?

• Management mistakes and the incompatibility of growth strategies and organizational structure

  • In this case, a more decentralized organizational structure with different, relatively autonomous departments is advisable.
  • However, department decentralization makes coordination essential.
  • Some of the classic mistakes made by young firms are either to wait too long before decentralizing, decentralizing too soon, and/or failing to coordinate the new departments.

• Flat versus tall organizations

  • Flat organizations follow the decentralized approach, or organic system.

• Matrix Structure

  • A matrix organization frequently uses teams of employees to accomplish work, in order to take advantage of strengths, as well as mitigate weaknesses of functional and decentralized forms.

• Layers in an Organization: Tall vs Flat Organizations

  • Flat organizations follow the decentralized approach or organic system of organization and management.

• Centralization

  • In business studies, centralization and decentralization refer to where decisions are made in the chain of command.

• Supply Chain Management

  • Distribution strategy: questions of operating control (centralized, decentralized or shared); delivery scheme (e.g., direct shipment, pool point shipping, or cross docking), DSD (direct store delivery), closed loop shipping; mode of transportation (e.g., motor carrier, including truckload, LTL, or parcel); railroad; intermodal transport, including TOFC (trailer on flatcar), and COFC (container on flatcar); ocean freight; airfreight; replenishment strategy (e.g., pull, push or hybrid); and transportation control (e.g., owner-operated, private carrier, common carrier, contract carrier, or 3PL).

• International Exchange of Money

  • The foreign exchange market (forex, FX, or currency market) is a form of exchange for the global decentralized trading of international currencies.

• Corporate Bonds

  • However, though many are listed on exchanges, the vast majority of corporate bonds in developed markets are traded in decentralized, dealer-based, over-the-counter markets.