German translation: Organisationsformen des Managements
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English to German translations [PRO] Bus/Financial - Business/Commerce (general)
English term or phrase:axes of management
Artikel aus dem Economist über Komplexität.
Global companies first reacted to this complex business environment by creating complex organizations. This was consistent with Ashby’s law of requisite variety, in that the complexity of an organization internally must match the complexity of its external environment. We saw multiple ***axes of management***: along product lines, geography, customers, functions and projects. For example, ABB had a six-dimensional matrix structure (for a short time, at least, before they simplified the structure dramatically in their turnaround). The simple relation between headquarters as strategic decision-makers and subsidiaries as implementers is blurred by centers of excellence or competence, market responsibilities, joint ventures, etc.