Though businesses depend on innovative ideas and solid customer outreach strategies, these are far from the only factors that determine if your company will be successful or profitable.
In fact, one of the biggest indicators of whether you’ll be able to achieve your desired outcomes is how you handle an often-overlooked principle: organizational design.
Your organizational design will have a direct impact on your team’s efficiency and productivity. With the right business structure, you’ll be able to get the best results from each member of your company—including other c-suite executives.
Let organizational design errors slip in, however, and even the best product or service in the world will struggle to generate a profit. If any of the following errors have entered your company, it is essential that you act quickly to bring about necessary change.
Read More from This Article: IDG Contributor Network: 4 organizational design errors C-suite executives have let slip through the cracks
Source: IT Strategy