ORGANIZATIONAL STRUCTURE DESIGN
WHAT IS AN ORGANIZATIONAL STRUCTURE? Picture Credits: Projectmanager.com Organizational Structure in the simple words, refers to a system in which the work tasks are distributed among various positions in the company's hierarchy describing how subordinates will report their duties and responsibilities to their seniors? The major benefit of working under organizational structure system is that it enable the groups to collaborate to accompolish the shared goals and vision. Company of Interest: Goldman Sachs Picture Credits: CarbonCredits.com The typical organizational structure (structural hierarchy) that Goldman Sachs and many investment banks follow include: (In ascending order) Analysts (at the entry level) Associates ( report to Vice-presidents) Vice-Presidents (report to Senior Vice-presidents) Senior Vice Presidents (report to managing directors) Managing Directors (report to COO, CFO, CSO) Chief Operations Officer, Chief Financial Officer, Chief Strategy Office...