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restructure

  • 1 federal organization

    Gen Mgt
    a form of organization structure, identified by Charles Handy, in which subsidiaries federate to gain benefits of scale. In a federal organization, the leader provides coordination and vision, and initiatives are generated from the component subsidiary organizations. Federal organization is one of the many ways in which organizations restructure in order to deal with the dilemmas of power and control. According to Handy, federal organization offers an enabling framework for autonomy to release corporate energy for people to do things in their own way, provided that it is in the common interest, and for people to be well informed so as to be able to interpret that common interest. Handy cites Royal Dutch Shell, Unilever, and ABB as exemplars of federalism.

    The ultimate business dictionary > federal organization

См. также в других словарях:

  • restructure — re‧struc‧ture [ˌriːˈstrʌktʆə ǁ ər] verb 1. [intransitive, transitive] COMMERCE if a company restructures, or someone restructures it, it changes the way it is organized or financed: • The iron ore company has restructured its operations. • The… …   Financial and business terms

  • restructure — re·struc·ture /ˌrē strək chər/ vb tured, tur·ing vt: to change the makeup, organization, or pattern of restructure a corporation companies trying to restructure their debt Claudia MacLachlan vi: to restructure something Merriam Webster’s Dict …   Law dictionary

  • restructure — (v.) 1951, from RE (Cf. re ) back, again + STRUCTURE (Cf. structure) (v.). Related: Restructured; restructuring …   Etymology dictionary

  • restructure — ► VERB 1) organize differently. 2) Finance convert (a debt) into another debt that is repayable at a later time …   English terms dictionary

  • restructure — [rē struk′chər] vt. restructured, restructuring 1. to plan or provide a new structure or organization for 2. to change the terms of (a loan, bond issue, etc.) to reduce the financial burden on the debtor …   English World dictionary

  • restructure — [[t]ri͟ːstrʌ̱ktʃə(r)[/t]] restructures, restructuring, restructured VERB To restructure an organization or system means to change the way it is organized, usually in order to make it work more effectively. [V n] The President called on educators… …   English dictionary

  • restructure — restructurer, n. /ree struk cheuhr/, v., restructured, restructuring, n. v.t. 1. to change, alter, or restore the structure of: to restructure a broken nose. 2. to effect a fundamental change in (as an organization or system). 3. to recombine… …   Universalium

  • restructure — 01. They outlined a plan for a [restructuring] of the company over a 3 year period. 02. Many jobs will be lost when the program is [restructured] next month. 03. The recent [restructuring] in the military has resulted in the closure of a number… …   Grammatical examples in English

  • restructure */ — UK [ˌriːˈstrʌktʃə(r)] / US [ˌrɪˈstrʌktʃər] verb [transitive] Word forms restructure : present tense I/you/we/they restructure he/she/it restructures present participle restructuring past tense restructured past participle restructured to organize …   English dictionary

  • restructure — /riˈstrʌktʃə/ (say ree strukchuh) verb (t) (restructured, restructuring) 1. to change the organisation or structure of: to restructure the hospital s committee system. 2. (in business, manufacturing, etc.) to change the pattern of employment,… …  

  • restructure — Date: 1942 transitive verb to change the makeup, organization, or pattern of intransitive verb to restructure something …   New Collegiate Dictionary

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