Two essential elements of organisational design and management are strategy and structure. This summary gives a general overview of how strategy and structure are related, emphasising their interdependence and impact on organisational success. It looks at how an organization's strategy affects the way its structure is designed, and how the organisational structure, in turn, may help or hinder how well a plan is implemented. The abstract explores numerous organisational structure types, including matrix, network, functional, and divisional structures, as well as how well they fit with distinct strategic orientations. It also looks at the idea of fit between strategy and structure, highlighting how crucial it is to have both work together to improve organisational performance. The abstract also explores how leadership affects organisational adaption and strategy-structure alignment. It explores the difficulties and factors to be taken into account while planning and managing the interaction between strategy and structure, including the need for adaptability, innovation, and flexibility. Overall, the abstract emphasises how important it is to have a strategy and structure that are in sync while attaining organisational objectives and adapting to changing business circumstances.
Associate Professor, Masters In Business Administration (General Management), Presidency University, Bangalore, India,
Email Id-drsenthilkumar@presidencyuniversity.in
