Decentralization n. : The action of decentralizing, or the state of being decentralized.

Example:
Decentralization of power in the work place?

Taxonomy
decentralization, fiscal decentralization, authority, fiscal federalism, decision-making, Decentralisation, Kumar Sharma, central government, Political decentralization, governments, local governments, power, Administrative decentralization, Chanchal, centralization and decentralization, governance, Privatization, tiers.

Defination from the web:
decentralization is narrowly defined as the study of markets and interfaces between parts of a system. ... Some political theorists believe that there are limits to decentralization as a strategy. ...