decentralization

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Related to decentralised: centralisation

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 ?
If we continue at the current pace of innovation, this new decentralised world is not far away and nor are some extraordinary valuations.
A new breed of start-ups are combining their understanding of the key components of the centralised players' role, and the purpose they serve, with decentralised technology, infrastructure, and authentication mechanisms to bring to life use-cases that eliminate the role of centralised industries where large corporations perform a specific role.
Logically, in the event the decentralised federation becomes the basis for negotiations, all of the federal competencies would have to be in areas governed directly by Brussels, which would leave no room for one-upmanship in governance by either side in Cyprus.
At that time take-up in the decentralised office market regularly equalled or exceeded that of the city centre and was predominantly due to the increase in development, demand and activity within the south Manchester office market.
Adrian Rowlands, divisional manager of development and special services at the council's Urban Design, said: "This report clearly demonstrates the potential for developing strong, decentralised energy generation in Birmingham, and the benefits this would bring the city in terms of security, economy and sustainability.
The European Commission has cleared a Euro 9.5 million, five-year grant to support a programme in the West African nation of Togo for decentralised management of the environment (PNADE).
They advocate decentralised production, bringing the production plants closer to the consumer centres.
Decentralised Production in India: Industrial Districts, Flexible Specialisation, and Employment.
(TSX Venture: BLOK) (OTCQB: BKPPF) (Frankfurt: ES3) has entered into a definitive agreement with Affirmation Technology Group LLC to acquire 30% of the New York, USA based developer of decentralised anti-money laundering, know your customer and Accredited Investor solutions, the company said.
It is developing a decentralised banking platform to provide anyone in the world with a bank account, payment card, and access to its global peer-to-peer network, designed for people who are excluded from or dissatisfied with existing banks.
Speaking at the Decentralised 2017 conference, organised by UNIC, Polemitis said the university was the first to record academic degrees on the blockchain in 2014.
Three decentralised STPs in the New Delhi Municipal Council (NDMC) area and the Delhi Jal Board (DJB) to come up with a road map for decentralised STPs all over Delhi.