ENTREPRENEURSHIP

Detailed explanation-1: -Cross functional matrix teams – where team members come from different organizational functions and are led by a particular “activity leader” who they may not have a formal reporting line to. An example would be a cross functional problems solving team working on a business issue that impacts a number of functions.

Detailed explanation-2: -A matrix organizational structure is a cross-collaborative effort to position the right people in the right teams. The management style is also different and comes from two directions: functional and project. A functional manager represents the traditional vertical structure based on department or job function.

Detailed explanation-3: -Examples of cross-functional improvement projects include: Sales and marketing working together to improve the process of handing off leads. Manufacturing floor managers and procurement staff making improvements to reduce inventory or ensure part availability.