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A matrix organization. Matrix management is an organizational structure in which some individuals report to more than one supervisor or leader—relationships described as solid line or dotted line reporting, also understood in context of vertical, horizontal & diagonal communication in organisation for keeping the best output of product or services.
Strong/project matrix: A project manager is primarily responsible for the project. Functional managers provide technical expertise and assign resources as needed. There are advantages and disadvantages of the matrix structure. Some of the disadvantages include tendencies towards anarchy, power struggles and 'sinking' to group and division ...
Solid-line reporting is a direct reporting relationship between a supervisor and their supervised worker. The supervisor provides primary guidance to the worker, controls the major financial resources on which the worker relies to perform their work, conducts performance reviews with the worker, and provides all other direct supervision.
Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need. In some industry sectors , like insurance , "line of business" also has a regulatory and accounting definition to meet a statutory set of insurance policies.
Line management refers to the management of employees who are directly involved in the production or delivery of products, goods and/or services.As the interface between an organisation and its front-line workforce, line management represents the lowest level of management within an organisational hierarchy (as distinct from top/executive/senior management and middle management).
The credit line on a small business line of credit can be quite high. Depending on your business credit history and the company’s financial health, a card’s credit line can easily reach ...
Functional manager vs. line manager Functional manager are always responsible for how their functions are carried out, and how their employees work to meet functional objectives. However, a line manager directly manages other employees and is responsible for administrative management of individuals. [ 8 ]
Other management theorists have observed that line managers sometimes resent staff advisors who are younger and better-educated than they are. Others attribute the problem to staff managers who do not realize that even though they have been delegated authority in particular areas, their primary role is to serve and support line managers.