• Facebook
  • LinkedIn
  • Instagram
  • Youtube
  • Mail
Culture Works
  • What We Do
    • Our Services
    • Fractional HR: Culture Operations
      • Basic
      • Full Integration
    • Recruiting
    • Consulting
      • Learning & Development
      • B2B Coaching
      • Assessments
  • Who We Are
    • Our Awesome Team
    • Our Purpose
    • Our Values
  • Connect With Us
    • Applicants
    • Partners
  • Free Sh*t
    • Blog
    • Wellness Resources
    • Educational Videos
    • Infographics
  • Menu Menu

Exiting Your Business: Step #1, Revisit Your Org Chart

News
A woman using a tablet

Planning on exiting your business? Let’s discuss the first step you should take when doing so as a business owner: revisiting your org chart. But you might be wondering, what is an org chart, and why is it important?

What is an Org Chart?

First, for those who need a refresher, what is an org chart? An organizational chart, or org chart, shows the internal structure of an organization or company.

This considered, org charts house a lot of information. Also, there are many different types of org charts. For example:

  • Hierarchical Org Chart: Hence its name, shows who’s at the “top” of a business.
  • Matrix Org Chart: Typically used when individuals have more than one manager.
  • Flat or Horizontal Org Chart: This type of org chart is simple with just two levels: management and the workers. There are little or no levels of middle management in flat and horizontal org charts.
Org Chart
Above is an example of a “Matrix Org Chart” from Lucidchart.com.

How an Org Chart Can Benefit Your Business

So, now that we’ve refreshed your memory about org charts, how can they benefit your business? As a business owner, there are many benefits to using and maintaining your org chart. An org chart can help…

Org Charts for your business

Illustrate a Clear Reporting Structure

For big companies especially, org charts are extremely useful in illustrating who is a part of the company, who reports to who, who manages each department, and so on.

(Could we say “who” any more times!?)

By using an organizational chart, your company increases its efficiency; employees know exactly who to go to as needed.

Make Onboarding More Efficient

The onboarding process can be a thorn in your side as a business owner. There are so many people for your new hire to meet and remember! Creating an org chart can make your new hire more comfortable and help them put names to faces quicker.

Visualize Reorganization

The fact of the matter is that most of your employees won’t stay in the same role forever. Whether you have individuals shifting from department to department or from role to role, investing in quality org chart software can help you visualize your business’s reorganization with ease.

Delegate Work

A top notch org chart can help employees see their workload clearly. Additionally, an org chart can be helpful to identify when/if department heads need support. For example, are they managing a team of seven when they only have the bandwidth to manage five or six? An org chart can clearly paint this picture to help delegate work.

Increase Collaboration

When you have an awesome org chart, it’s something that can be shared all throughout your business. It then becomes a practical company-wide tool for planning and collaboration. An org chart can be especially helpful when it comes to scaling for growth, restructuring, and workforce planning.

How Org Charts Support Exit Planning

So, what the heck does an org chart have to do with exit planning? Well, we’re glad you asked…

Having an org chart helps you plan for exit. All of these benefits we’ve listed above—illustrating a clear reporting structure, increasing onboarding efficiency and collaboration, etc.—help support a smooth exit strategy.

After all, leaving behind your business takes forethought, and how could you leave behind your business without first identifying its internal structure?

One of the biggest challenges when it comes to exit planning is making sure your business won’t crumble when you leave. Having a powerful, scalable org chart in place is one of the many ways that you can help prepare your team for exit.

Want to Learn More?

So, you’re on your way to having an awesome org chart in place, plus you have a great team of employees! But how does your company fare culture wise? Here are five signs you have a positive company culture.

Tags: company culture, Culture Works, employee engagement, employee retention, Exiting Business, human resources, Leadership, Org Chart, Organizational Chart
Share this entry
  • Share on Facebook
  • Share on LinkedIn
  • Share by Mail
https://www.cultureworkshr.com/wp-content/uploads/2022/04/Untitled-design-2.png 628 1200 Amanda Rogers https://www.cultureworkshr.com/wp-content/uploads/2021/09/Cultureworks_Brand-Identity_Logo-RGB_Signature_Horizontal-1030x276.png Amanda Rogers2022-05-15 07:00:002022-10-27 14:10:22Exiting Your Business: Step #1, Revisit Your Org Chart
You might also like
a team using people operations and Hr as a resource in their roles People Partners Are the New HR
woman working outside 3 HELPFUL REMOTE COMMUNICATION TIPS
How to Avoid Culture Shock During Your Merger How to Avoid Culture Shock During Your Merger
how to set new year's resolutions to foster company culture How to Set New Year’s Resolutions that Foster Company Culture
Why your company culture is defined by your purpose Why your company culture is defined by your purpose
work from home with kids Guide to Working From Home with Kids
How to Create an Employee Handbook How to Create an Employee Handbook
Recruiting Talent Recruiting Tips: How to Find Talent in a Competitive Market

Search

Categories

Latest News

  • stay awake in zoom meetingsYOUR GUIDE TO STAYING AWAKE DURING ZOOM MEETINGS (and all meetings!)September 5, 2021 - 7:00 am
  • A Letter from our CEOA Letter from our CEO, Kristi PastoreSeptember 2, 2021 - 12:01 pm
  • The World's Opening Up — What Are Our Employees Going to Do?The World’s Opening Up — What Are Our Employees Going to Do?June 27, 2021 - 1:39 pm

Facebook

Count me in!

Practical steps you can take to make your company culture (and yourself) even better.

Signup for our newsletter below to stay up-to-date on our latest HR news & insights!

LINKS

Privacy Policy

FAQs

CONTACT

(760) 334-4094

info@cultureworkshr.com

24630 Washington Ave Suite 202
Murrieta, CA 92562

HOURS

Mon-Fri: 8:00-6:00
Sat: Closed
Sun: Closed

CONNECT WITH US!

© 2021 Culture Works – all rights reserved

site design by digitalstoryteller.io

© 2021 Culture Works – all rights reserved
site design by digitalstoryteller.io

Shh… Retaining Your Top Talent Doesn’t Have to Be a SecretEmployee RetentionHRIS HCM HXMHRIS, HCM, and HXM: What Are They and Why Do They Matter? Scroll to top

This site uses cookies. By continuing to browse the site, you are agreeing to our use of cookies.

Accept settings

Cookie and Privacy Settings



How we use cookies

We may request cookies to be set on your device. We use cookies to let us know when you visit our websites, how you interact with us, to enrich your user experience, and to customize your relationship with our website.

Click on the different category headings to find out more. You can also change some of your preferences. Note that blocking some types of cookies may impact your experience on our websites and the services we are able to offer.

Essential Website Cookies

These cookies are strictly necessary to provide you with services available through our website and to use some of its features.

Because these cookies are strictly necessary to deliver the website, refusing them will have impact how our site functions. You always can block or delete cookies by changing your browser settings and force blocking all cookies on this website. But this will always prompt you to accept/refuse cookies when revisiting our site.

We fully respect if you want to refuse cookies but to avoid asking you again and again kindly allow us to store a cookie for that. You are free to opt out any time or opt in for other cookies to get a better experience. If you refuse cookies we will remove all set cookies in our domain.

We provide you with a list of stored cookies on your computer in our domain so you can check what we stored. Due to security reasons we are not able to show or modify cookies from other domains. You can check these in your browser security settings.

Google Analytics Cookies

These cookies collect information that is used either in aggregate form to help us understand how our website is being used or how effective our marketing campaigns are, or to help us customize our website and application for you in order to enhance your experience.

If you do not want that we track your visit to our site you can disable tracking in your browser here:

Other external services

We also use different external services like Google Webfonts, Google Maps, and external Video providers. Since these providers may collect personal data like your IP address we allow you to block them here. Please be aware that this might heavily reduce the functionality and appearance of our site. Changes will take effect once you reload the page.

Google Webfont Settings:

Google Map Settings:

Google reCaptcha Settings:

Vimeo and Youtube video embeds:

Other cookies

The following cookies are also needed - You can choose if you want to allow them:

Privacy Policy

You can read about our cookies and privacy settings in detail on our Privacy Policy Page.

Accept settings