Organization global business divisions

Our own research into best practice in this area does not surface one right answer, and given the vast differences between chemical companies, we would be very surprised if it did. Nevertheless, one organizational model seems to fit the needs of the chemical industry particularly well in our experience, this is an organization with global business divisions (i.e., product-based business units with worldwide control of all critically important business functions) as the main axle, guided by the corporate center and supported by shared services. About three quarters of the global players in chemicals have adopted this structure. 

Compared to more monolithic organization models, global business divisions have some clear advantages ... 

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