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As business revenues escalated throughout the 1990’s AES’s leadership began to lose control and was forced to implement drastic financial and organizational restructuring to save the organization.
Since its inception, AES was known for utilizing a decentralized management approach. Relatively flat organizational structure removed many of the supervisory tiers associated with contemporary organizational structures. This pushed decision making to the lowest possible managerial level, allowing lower level management to enact change without interference from higher echelons within the structure...
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