During Industrial era, Hierarchical Organizational Structures were introduced to manage growth and bring accountability. Processes are introduced to standardize operations and ensure predictable outcomes/results. These worked well across all the industries irrespective of their size and location.
In today’s Digital Era, Younger Generation Work force strongly feels these hierarchies are bottle necks and hurdles for growth. Experienced Work force strongly believes these hierarchies will be handy to deal with impact of ups and downs of market conditions/business.
In fact, Flat structure is vital for innovation while hierarchical structure is vital for financial stability.
Majority of Innovative organizations are frequently found in News headlines and finally getting acquired by Multinationals who has hierarchical structures.
Initiatives like Centre of Excellence(CoE), Project Management Office(PMO), Kaizen brings best of innovative and hierarchical organizations.
1. A center of excellence (CoE) is a team, a shared facility or an entity that provides leadership, best practices, research, support and/or training for a focus area.
2. A Project Management Office (abbreviated to PMO) strives to standardize and introduce economies of repetition in the execution of projects. The PMO is the source of documentation, guidance and metrics on the practice of project management and execution
3. Kaizen refers to activities that continuously improve all functions and involve all employees from the CEO to the assembly line workers.
Hierarchical organizations are losing market share due to limited innovation or paying heavy price by acquiring innovative Organizations (startups) to retain their market position.
CoE, PMO, Kaizen can be applied across industries such as supply chain, healthcare, psychotherapy, life coaching, government, and banking. For Successful functioning of CoE, PMO and Kaizen, Virtual teams with Agile mindset are vital.
Blog by Sivaram Athmakuri, Founder & Director of LeaderGains Pte. Ltd., an expert Coach, Consultant and Trainer. He has 20 plus years of Managerial Experience with strong technology expertise. He prepares Organisations in embracing latest technology / tools and turn the challenges as opportunities for Growth. He empowers Organisations & People across all levels (C-Suite, Management, Leadership, Program / Project Managers, Functional/ Line Managers, Team members at Projects/ Delivery/ Operations), etc. in areas of Leadership/Executive Coaching, Strategic Planning, Dashboards for C-Suite, Setup Project Management Office (PMO), Agile Transformation, Risk Management and Product Development. He believes in “spending more time listening to Customer and understanding unique strengths of their existing environment helps him to generate the long-lasting results faster with lesser friction”.