Learn about the different types and aspects of decentralization , the transfer of authority and responsibility from the central government to subnational actors or the private sector. Explore the literature, definitions and examples of decentralization , deconcentration, delegation, devolution, political, administrative and fiscal decentralization . What’s it: Decentralization means delegating more authority and decision-making to lower levels. The term is common to various organizations, from corporations to governments. And in this article, we will focus on its application in companies. Decentralization contrasts with centralization. The latter emphasizes more authority under top-level management. In other words, decision-making is concentrated in top-level managers. As a result, top managers have high decision-making power and ... Decentralization is essential in the present business scenario where the organizations are becoming large and diversifying into different product lines. “Decentralisation refers to tire systematic effort to delegate to the lowest levels all authority except that which can only be exercised at central points.” —Louis A. Allen “Decentralisation means the division of a group of functions and activities into relatively autonomous units with overall authority and responsibility for their operation delegate to time of cacti unit.’—Earl. P. Strong Definition of Decentralisation Decentralisation is referred to as a form of an ...
