decentralization

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decentralization

the relocation of managerial AUTHORITY and RESPONSIBILITY to a lower level in the ORGANIZATION. A restructuring of a FUNCTIONAL STRUCTURE to a PRODUCT-BASED STRUCTURE will generally involve some degree of decentralization, especially regarding operational (but not strategic) matters. DELAYERING often involves decentralization from middle management to LINE MANAGERS. See CENTRALIZATION, ORGANIZATIONAL ANALYSIS.

decentralization

the diffusion of economic decision-making to many different decision-makers rather than concentrating such decision-making centrally. In an economy this is achieved by the adoption of the PRICE SYSTEM, which devolves decisions to individual consumers and suppliers. In a firm, decentralization involves delegating authority to make decisions ‘down the line’ to particular divisions and departments. See PRIVATE ENTERPRISE ECONOMY, MFORM ORGANIZATION.
References in periodicals archive ?
The ultimate objective of the xDAC project is to provide a transparent decentralized platform for companies and their investors.
However, there are areas where the decentralized model was found to perform worse than the centralized model.
According to APQC's data, organizations with a centralized procurement structure perform only slightly better than those with decentralized functions with regard to efficiency measures such as cycle time and supplier lead time.
Article 47(a, b) confirms a decentralized system of government in South Sudan.
Several studies show a correlation between time spent with patients and a decentralized workstation.
Most who tried the decentralized phlebotomy concept ultimately found it to be vastly more difficult to implement than perceived and returned blood-collection responsibilities to the tried-and-true laboratory-based phlebotomist.
As industries become decentralized," the authors say, "overall profits decrease.
This year the IABC Research Foundation will begin a study of members around the world that will focus on communication department structures, functions, budget, staffing and competencies, covering centralized versus decentralized models, reporting relationships, integration with other functions, budget trends and outsourcing.
Just 10 years ago, the operation of a global treasury within an organization was run largely as a silo of functionality associated with cash management, investment, debt and foreign exchange through a decentralized approach.
But on the other hand, had Toyota decentralized too far--doing away with structure and controls and, say, letting each circle work on whatever car it felt like--the company would have had a mess on its hands.
I also pointed out that the Associated Press Stylebook and Libel Manual (which calls for capitalizing the word) offers a definition of internet that seems to favor my interpretation: "A decentralized network of host computers that are linked by high-speed lines.

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