I am not currently working in industry, but a variant of matrix organization structure would provide a suitable working environment. Consider an organization that separates their company into different industries to achieve specific corporate objective. Each industry has different divisions, each with the standard departments (R&D, marketing, manufacturing). With specialized division each having cross-functional departments, this organization structure improves lateral communication when working on specific projects. A major disadvantage with this structure is the costs to fund the resources to departmentalize each division, but if the resources are available, the outcome from improved cooperation can far outweigh costs.

A project-centered organization will be too specialized, where a project manager will struggle to balance the project constraints because there is a limited depth of knowledge and technical expertise.