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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. Matrix management - Wikipedia

    en.wikipedia.org/wiki/Matrix_management

    [4] This is an example of cross-functional matrix management, and is not the same as when, in the 1980s, a department acquired PCs and hired programmers. [5] [6] Often senior employees, these employees are part of a product-oriented project manager's team but also report to another boss in a functional department.

  4. 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]

  5. 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.

  6. Organizational structure - Wikipedia

    en.wikipedia.org/wiki/Organizational_structure

    A matrix organization frequently uses teams of employees to accomplish work, in order to take advantage of the strengths, as well as make up for the weaknesses, of functional and decentralized forms. An example would be a company that produces two products, "product A" and "product B".

  7. Multiteam system - Wikipedia

    en.wikipedia.org/wiki/Multiteam_system

    In recent team research, functional leadership theory has been presented as especially appropriate for conceptualizing the role of the team leader. This theory addresses the leader’s broad relationship to the team [ 7 ] [ 8 ] in that the core duty of the leader is "to do, or get done, whatever is not being adequately handled for group needs ...

  8. 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.

  9. Responsibility assignment matrix - Wikipedia

    en.wikipedia.org/wiki/Responsibility_assignment...

    In business and project management, a responsibility assignment matrix [1] (RAM), also known as RACI matrix [2] (/ ˈ r eɪ s i /; responsible, accountable, consulted, and informed) [3] [4] or linear responsibility chart [5] (LRC), is a model that describes the participation by various roles in completing tasks or deliverables [4] for a project or business process.