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  2. Cross-functional team - Wikipedia

    en.wikipedia.org/wiki/Cross-functional_team

    A cross-functional team (XFN), also known as a multidisciplinary team or interdisciplinary team, [1] [2] [3] is a group of people with different functional expertise working toward a common goal. [4] It may include people from finance, marketing, operations, and human resources departments. Typically, it includes employees from all levels of an ...

  3. Project team - Wikipedia

    en.wikipedia.org/wiki/Project_team

    The central characteristic of project teams in modern organizations is the autonomy and flexibility availed in the process or method undertaken to meet their goals. Most [quantify] project teams require involvement from more than one department, therefore most project teams can be classified as cross-functional teams.

  4. Concurrent engineering - Wikipedia

    en.wikipedia.org/wiki/Concurrent_engineering

    The elements of concurrent engineering that were utilized were cross-functional teams as well as fast time-to-market and considering manufacturing processes when designing. [5] By involving multiple disciplines in decision making and planning, concurrent engineering has made product development more cost and time efficient.

  5. XFN - Wikipedia

    en.wikipedia.org/wiki/XFN

    Cross-functional team, a group of people with different functional expertise; XHTML Friends Network, an HTML microformat; X/Open Federated Naming, most commonly implemented as the Federated Naming Service; Xinhua Financial Network, the blanket term for the companies and services under Xinhua Holdings; IATA code for Xiangyang Liuji Airport

  6. Coopetition - Wikipedia

    en.wikipedia.org/wiki/Coopetition

    Cross-functional coopetition is conceptualized with five distinct and independent constructs, three of them are related to cross-functional cooperation (task orientation, communication, interpersonal relationships), and two are associated with cross-functional competition (tangible resources and intangible resources).

  7. Teamwork - Wikipedia

    en.wikipedia.org/wiki/Teamwork

    6 people pushing a van U.S. Navy sailors hauling in a mooring line A U.S. Navy rowing team A group of people forming a strategy A group of people collaborating. Teamwork is the collaborative effort of a group to achieve a common goal or to complete a task in an effective and efficient way.

  8. Multiteam system - Wikipedia

    en.wikipedia.org/wiki/Multiteam_system

    Multiteam systems are different from teams, because they are composed of multiple teams (called component teams) that must coordinate and collaborate. In MTSs, component teams each pursue proximal team goals (not shared with other teams in the system) and at the same time, work toward the larger system level goal.

  9. List of business terms - Wikipedia

    en.wikipedia.org/wiki/List_of_business_terms

    Cross-functional Works in multiple directions simultaneously Customer-centric The customer is the main focus Cutting edge practices Up to date or new methods Dashboard: Collection of key indicators Data Moat Large amounts of data acquired by an organization that can be harvested for sustainable, differentiating competitive advantage. [2]