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The business firm is no longer just a place where people come to work. For most of the employees, the firm confers on them that sense of belonging and identity—the firm has become their “village”, their community. The business firm of the twenty-first century is not just a hierarchy, which ensures maximum efficiency and profit; it is also the community where people belong to and grow together—where their affective and innovative needs are met (Lim, Griffiths, & Sambrook, 2010).
Reference:
Lim, M., Griffiths G., & Sambrook, S. (2010). Organizational structure. Mind Map Route. Retrieved from http://www.mindmap.0rg.pl/?mindmap= Organizational_structure
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