I would like to work in a matrix organizational structure team. My understanding is that a matrix organizational structure is a company structure in which the reporting relationships are set up as a grid, or matrix, rather than in the traditional hierarchy. In other words, employees have dual reporting relationships – generally to both a functional manager and a product manager. Apart from what have been given from the lecture, advantages that I can think also include:
Resources can be used efficiently, since experts and equipment can be shared across projects.
Products and projects are formally coordinated across functional departments.
Information flows both across and up through the organization.
Employees are in contact with many people, which helps with sharing of information and can speed the decision process.