Definition: Centralization is the process of transferring and assigning decision-making authority to higher levels of an organizational hierarchy.
In a centralized organization, the decision-making has been moved to higher levels or tiers of the organization, such as a head office, or a corporate center.
Knowledge, information and ideas are concentrated at the top, and decisions are cascaded down the organization.
Is the opposite of decentralisation.
More on decision making: Chain of Command, Decentralization, Delegation, Employee Empowerment, Employee Participation, more...
You may also like:
Full-time MBA, Executive MBA, Executive Education, Online MBA.
MBA Brief offers concise, yet precise definitions of concepts, methods and models as taught in a study Master of Business Administration.
We like to keep things short, and provide links to learn more about your subject.
© 2023 MBA Brief - Last updated: 26-9-2023 - Privacy | Terms