Describe what self-managed work teams are and how they differ from traditional hierarchies. Include in your explanation a thorough discussion of the benefits and limitations of self-managed work teams?
Traditional hierarchy:-
People are grouped according to power in the organisation under the traditional hierarchical approach. The chief executive officer is immediately below the board of directors, who hold the highest positions in the company. In certain companies, the chief executive officer simultaneously serves as president and board chairman. Among the executives who answer to the company's CEO are the chief operating officer, chief financial officer, and chief information officer. The executives below this level are typically vice presidents, managers, and directors. High management is often followed by department leaders, who, depending on the size of the company, are subsequently followed by regular employees whose ranks are split according to experience and authority.
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