A Brighter Way
A Brighter Way
Does your company have an organizational chart? You might think your company isn't large enough to have one, and you may be right. However, no matter the size of your organization, you may be surprised how this document serves as a very useful communication tool.
Organizational charts serve many important functions. They enable others to visualize the organization and can be used as a baseline for planning, budgeting and workforce modeling. These charts are also a great way to share your organization’s visions and define employee responsibilities, relationships and lines of authority.
As we went through this process with one of our clients, we realized that the company had opportunities for to improve efficiency. The project included written job descriptions and segregation of duties in order to strengthen internal controls.
After the project was completed, individuals more clearly understood their individual responsibilities, who they reported to and how everyone in the company "fit" together.
A few more benefits of detailed job descriptions and an organizational chart are:
Contact your trusted advisor at Rea & Associates to see how this process may benefit you.
This article was originally published in Illuminations: Facts & Figures from people with a brighter way, a Rea & Associates enewsletter, 11/29/2006.
Note: This content is accurate as of the date published above and is subject to change. Please seek professional advice before acting on any matter contained in this article.
