Although informal and formal organizations might seem diametrically opposed, they can and do coexist within a single company's organizational structure. Indeed, every company with a formal structure ...

All business owners must apply structure to their operations, but it is not always easy to see what type of structure is best for a particular business model. Too little structure creates chaos for ...

Just like no two people are the same, no two companies are identical. While you may find similar organizations within the same industry, there will always be nuances and differences between every ...

Thompson, Tracy A., and Kathleen L. McGinn. "Changing Formal and Informal Structure to Enhance Organizational Knowledge." Harvard Business School Working Paper, No. 98-060, December 1997.

As entrepreneurs, we inherently resist structure and conventionality. Entrepreneurs succeed in many cases because they break the mold and think about things differently. They build a team that can ...

When getting started, a key responsibility of many small business owners is handling the organization’s human resources responsibilities. It will, however, likely become too much of a burden as you ...