What Is A Matrix Organizational Structure And What Is Its Main Benefit
Usually there are two chains of command where project team members have two bosses or managers.
What is a matrix organizational structure and what is its main benefit. Matrix organisation also called grid organisation is a hybrid structure combining two complementary structures namely functional departmentation with pure project structure. The matrix organization structure can deliver this provided people have the skills to make the matrix work. The matrix structure cancels out the extremes of the two structures to balance them somewhere in between. The matrix organizational structure is a mix of two other organizational structures the project system and the functional system.
Collaboration between different departments combines project and functional management structures. Matrix is very widespread in the world of technology management and business because of having many benefits. A definition the organizational structure of a company is the way in which hierarchy is defined. The matrix structure as its name suggests is a reporting structure that s set up like a grid or matrix.
Functional structure is a permanent feature of the matrix organisation and retains authority for the overall operation of the functional units. One benefit of the matrix structure is that it allows cross collaboration between staff and departments that may not always have opportunities to work together. When built properly every employee will know exactly what their individual job is and who they should report to. This combination helps organizations achieve higher efficiency readiness and market adaptation.
The matrix organizational chart can benefit the organization s bottom line by getting the maximum value from employees. This is a type of organizational structure which facilitates a horizontal flow of skills and informations. Matrix organizational structures are a hybrid type of company hierarchy. The matrix organizational structure pros and cons can include money on both sides of the scale.
Rather than work in one department they can be assigned to whatever project can make good use of them. Benefits of matrix organization structure. The main advantage of functional vs. There are several other key advantages as well.
The idea of the matrix organization structure is to enable faster response and adaptation to a complex world. The matrix organization is the structure uniting these other organizational structures to give them balance. It is a mix of two or more organizational structures. In a traditional hierarchy people in the company report to just one boss.