It has been said that given the growing complexity and dynam

It has been said that, given the growing complexity and dynamism of the world of business, all organizations will have to ad opt some type of a matrix structure. Do you agree or disagree with that argument? Explain.

Solution

Question

It has been said that, given the growing complexity and dynamism of the world of business, all organizations will have to ad opt some type of a matrix structure. Do you agree or disagree with that argument? Explain.

Answer:

Yes. I agree. The ever-growing business completion has forced companies to think out-of-box than the traditional structure of the organization. The companies are emphasizing more on agile and robust structure for the ease of working.

The organizations have been more inclined towards the matrix structure in the organization in current competition-dominated era. The matrix is an organization template/structure/skeleton that shares power among two or multiple dimensions. In a matrix structure, reporting relationships encompasses a grid, and each individual reports to two managers - a functional manager and a product manager

The key motives of the matrix structure is to achieve functional and product goals of the business.

Two feasible outcomes occur on the implementation of the matrix structure

There are key advantages of matrix structure:

#Efficient mode of information exchange

One of the biggest advantages of the matrix structure in an organization is that it can lead to an efficient exchange of information.

Departments/domains work closely & together and communicate with each other to solve issues.

Enhanced communication medium enhances productivity and allow for quick decision-making.

The specialized information exchange allows superior to respond quickly to the needs of customers and the organization.

#Increases motivation

The matrix structure motivates such democratic leadership style.

This style encompasses the input of team members before managers make decisions.

The ability to contribute valuable information before decisions are made leads to employee satisfaction and increased motivation.

In a matrix structure, each employee brings his expertise to the basket.

Managers are occupied in the day-to-day operations which enables them to make decisions the perspective of employees.

Additionally, the matrix structure provided below advantages: