Organizational Structure

A hotel organizational structure is a comprehensive plan by a hotel owner to define departmental activities and responsibilities. This structure brings order to every aspect of hotel operation from the front desk and room service to the human resources department. Hotel organizational structures are necessary to ensure maximum... more »

Organizational structure can be established using various models but all codify the lines of authority and decision making. A company may be organized with the authority concentrated at the top or it may be more organically decentralized with respective departments having autonomous jurisdiction within their respective departments.... more »

Insurance companies have two basic forms of organization and ownership: stock insurance companies and mutual insurance companies. Stock-based insurance companies are like any other corporation; they are owned by their shareholders. Mutual insurance companies differ in that the individual policyholders have established and delineated... more »

A well-written business plan is the key to obtaining financial backing, networking with associates, and recruiting. It is most effective when written by the management team, not outside consultants and not with the help of software (which will make the plan sound clichéd). Because so much depends on the plan it can be an... more »

Organizational structure provides the guidelines for the system of reporting that drives an organization, dividing it into areas or departments that are responsible for certain aspects of the organization's purpose; it shows the relationships between areas and individuals needed to achieve more efficient operations while attaining the... more »