Division generally refers to a single company or department. The head office consists of several business divisions or branches, which are set according to products, regions, sales channels or customers, making it a profit center with independent operation, independent accounting and self-financing. The head office only retains the decision-making power on major issues such as policy formulation, appointment and dismissal of important personnel, and all other powers, especially the power of supply and marketing and product development, are delegated.
The literal meaning of a business group is a business group. That is, industrial clusters, a large number of enterprises with close industrial ties and related supporting institutions gather in space to form a strong and sustainable competitive advantage.
Extended data:
Advantages of this department:
The division of powers and responsibilities is relatively clear.
1, which can better arouse the enthusiasm of managers;
1) The division system takes profit responsibility as the core, which can ensure the company to obtain stable profits;
2) Through the independent production and operation activities of public institutions, senior management talents can be continuously trained for the company.
2. Each division has its own products and markets, and can plan its own future development, and can also flexibly and independently adapt to the new market situation and respond quickly. Therefore, this organizational structure has high stability and good adaptability.
3. It is beneficial for the top leadership to get rid of daily administrative affairs and become a powerful decision-making body. At the same time, it can make all business divisions give full play to the enthusiasm and creativity of management, thus improving the overall efficiency of enterprises.
Although the branch manager is only responsible for leading a much smaller unit than the enterprise he belongs to, because the branch is self-contained and operates independently, it is equivalent to a complete enterprise, so he can withstand all kinds of tests faced by the top managers of the enterprise. Obviously, this will help to cultivate all-round management talents and reserve cadres for the future development of enterprises.
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