stjórnunarsviða
Stjórnunarsvið is a term used in Icelandic to denote the fields or domains of management within an organization, a sector, or a discipline. It refers to the different functional areas through which an organization organizes its management activities. The genitive form stjórnunarsviða is used when referring to areas in relation to something, for example, “á stjórnunarsviðum fyrirtækisins.”
Etymology and meaning: The word combines stjórnun (management or control) and svið (field or domain). In practical
Typical domains: Within businesses, common stjórnunarsvið include fjármálastjórnun (financial management), rekstrarstjórnun (operations management), mannauðsstjórnun (human resource
Usage and relevance: The concept supports organizational design and strategic planning by clarifying where managerial authority
See also: organizational design, management science, governance.