The best way to organize a business depends on the requirements of the markets in which it operates. A multidivisional structure, although often associated with large enterprises, can be beneficial ...

Organizational structure is one of the keys to maximizing efficiency and productivity at your workplace, and it can have tangential benefits such as boosting employee motivation. Unlike a traditional ...

Matrix management is a structure for running those companies that have both a diversity of products and a diversity of markets. In a matrix structure, responsibility for the products goes up and down ...

What is a matrix organisation?A matrix organisation is a company in which the reporting structure is set up as a grid or matrix, instead of the typical hierarchy. It leads to multiple managerial ...

I am not a command-and-control leader. Though the hierarchical pyramid works for some, I prefer a framework that invites collaboration, flexibility and balance. This structure radiates decision-making ...

PHILIPS, a Dutch electrical giant, was one of the earliest champions of the matrix structure. After the second world war it set up both national organisations and product divisions. The boss of the ...

Matrix management came about as organizations recognized that, in an increasingly complex business world, they needed to provide balance between the key drivers of their business and find a more ...