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24 Examples of Company Departments

 , May 13, 2022
Company departments are the major functional divisions or teams in the structure of an organization. These differ greatly by industry. For example, an investment bank may have departments such as treasury and trading that are specific to banking. Likewise, it is common for firms to develop unique structures and departments as a form of competitive advantage. The following are common examples of company departments.
Asset Management
Board of Directors
Business Development
Corporate Communications
Creative Services
Customer Service / Customer Experience
Engineering
Finance / Accounting
General Management
Human Resources
Information Technology / Technology
Investor Relations
Legal
Marketing
Operations
Product Management
Production
Project Management Office
Purchasing / Sourcing
Quality Assurance
Risk Management
Sales
Strategic Initiatives & Programs
Technology

Notes

The classic departments of industrial age firms were general management, finance / accounting, human resources, marketing, operations, purchasing and information technology.
In many cases, the functions above may be teams inside other teams. For example, in some cases, sales is a team inside marketing.
It is also common for companies to be structured by business unit. For example, an IT company that has a cloud services and a consulting department. Firms can also be structured geographically.

Company Departments

This is the complete list of articles we have written about company departments.
Asset Management
Business Unit
Creative Services
Engineering
Functional Structure
Human Resources
Marketing
Operations
Org Structure
Product Management
Production
Quality Assurance
Risk Management
Sales
Technology
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