What are the advantages of network organizational structure?

The network organizational structure offers several advantages for businesses. Firstly, it promotes flexibility and agility as it allows for easy collaboration and communication among different departments or teams. This structure encourages sharing of resources, knowledge, and expertise, leading to increased innovation and problem-solving capabilities. Secondly, it enables companies to tap into a broader pool of talent, both internally and externally, by establishing partnerships and alliances with other organizations. This facilitates access to specialized skills and allows for the quick expansion or contraction of the workforce as needed. Lastly, the network structure enhances customer satisfaction as it fosters a customer-centric approach, where decisions and actions are taken based on customer needs. This decentralized structure empowers employees to make decisions, enabling faster response times and improved customer service.

This mind map was published on 4 October 2023 and has been viewed 134 times.