Difference between revisions of "Formalization"
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| − | '''Formalization''' is the extent to which an | + | '''Formalization''' is the extent to which an organization's policies, procedures, job descriptions, and rules are written and explicitly articulated. Formalized structures are those in which there are many written rules and regulations.<ref>What Does Formalization Mean? [https://open.lib.umn.edu/principlesmanagement/chapter/7-3-organizational-structure/ UMN.edu]</ref> |
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| + | == See Also == | ||
| + | *[[Governance, Risk And Compliance (GRC)]] | ||
Revision as of 13:32, 4 January 2023
Formalization is the extent to which an organization's policies, procedures, job descriptions, and rules are written and explicitly articulated. Formalized structures are those in which there are many written rules and regulations.[1]