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Firms may prefer decentralization because it ensures efficiency by making sure that managers closest to the local information make decisions and in a more timely fashion; that their taking responsibility frees upper management for long term strategics rather than day-to-day decision-making; that managers have hands on training to prepare them ...
Decentralized decision-making, Malone says, tends to create less rigidity and flatter hierarchies in organizations. When upper management delegates decision-making responsibilities, there also exist wider spans of control among managers, creating a more lateral flow of information.
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.
The time to hone in on the “New Internet” is now.
Community-based management (CBM) is a bottom up approach of organization which can be facilitated by an upper government or NGO structure but it aims for local stakeholder participation in the planning, research, development, management and policy making for a community as a whole.
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]
Business Relationship Management focuses on business value realization through accountable business partners; advances in the scale, scope, and sophistication of the network effect; constant disruption as the 'new normal' business dynamic [3] decentralization of knowledge and the devaluation of traditional intellectual property [4] [5]
A management information system (MIS) is an information system [1] used for decision-making, and for the coordination, control, analysis, and visualization of information in an organization. The study of the management information systems involves people, processes and technology in an organizational context.