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Why does Speth assert that "we live in the 21st century but we live with the 20th century" ?
Matrix Structure
An organizational configuration that combines elements of both functional and divisional structures, allowing for flexibility and efficient resource utilization by having employees report to multiple managers.
Functional Managers
Managers responsible for specific business functions that provide guidance and resources to ensure organizational goals are met.
Project Leaders
Individuals responsible for guiding a project team towards achieving the project's objectives, ensuring tasks are completed on time and within budget.
Network Structure
An organizational form characterized by less hierarchical, more flexibly connected nodes or units, allowing for fluid communication and collaboration.
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