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Decentralization or decentralisation is the process by which the activities of an organization, particularly those related to planning and decision-making, are distributed or delegated away from a central, authoritative location or group and given to smaller factions within it.
A functional organizational structure is a structure that consists of activities such as coordination, supervision and task allocation. The organizational structure determines how the organization performs or operates. The term "organizational structure" refers to how the people in an organization are grouped and to whom they report.
A decentralized autonomous organization (DAO), sometimes called a decentralized autonomous corporation (DAC), [a] [1] is an organization managed in whole or in part by decentralized computer programs, with voting and finances handled through a decentralized ledger technology like a blockchain.
Holacracy is a method of decentralized management and organizational governance, which claims to distribute authority and decision-making through a holarchy of self-organizing teams rather than being vested in a management hierarchy. [1] [2] Holacracy has been adopted by for-profit and non-profit organizations in several countries. [3]
Decentralized decision-making is any process where the decision-making authority is distributed throughout a larger group. It also connotes a higher authority given to lower level functionaries, executives, and workers. This can be in any organization of any size; it may be present in a governmental authority to a corporation. However, the ...
Decentralised systems are intricately linked to the idea of self-organisation—a phenomenon in which local interactions between components of a system establish order and coordination to achieve global goals without a central commanding influence.
In anarchism, federalism is a horizontalist and decentralized organizational doctrine which holds that society should be built from the bottom-up, from the periphery to the centre. Higher-order units are merely the direct expression of lower-order units delegating, combining and coordinating.
A decentralized structure [16] and a culture of excellence, recruitment and training [33] are also important aspects of establishing an ambidextrous organization. In the context of family firms, the succession process, in which the firm is transferred from one generation of family members to the next, can be an appropriate time to balance ...