Thursday, January 23, 2014

Organizational Structure of NBP

Organization chart demonstrates the organizational structure.  Organization structure is totally based on organization objective and strategy to achieve them. In centralized organization structure, the power of decision making is hold top level of management and tight control applies over department. While in decentralized structure organization the decision making power is delegated and departments have varying level of autonomy.
Organization structure is decided the level of roll, power and responsibilities are controlled, coordinated and delegated among the management for flow.  N,B,P structure is a bureaucratic type of structure, in this structure formalized rules and regulation are followed, narrow span of control and centralized authority, task are set in the functional department, decision making through chain of command and operating task are achieved by specialization.

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