Question

You own a small tech company. The R&D team want permission to begin a project that focuses on innovating a new technology that can give the company a strong competitive advantage in the industry. What kind of organizational structure would be best for the project in this situation? Identify the information needed to choose and why?

Answer 1

The best organizational structure for the R&D project would be a project team structure. This structure allows for cross-functional collaboration and expertise sharing. Factors to consider in choosing the structure include expertise, communication, timeline, and resources.

Step-by-step explanation:

The best organizational structure for the R&D project would be a project team structure. This structure is designed to bring together individuals from different functional departments to work on a specific project. It allows for cross-functional collaboration and expertise sharing, which is essential for innovation. The project team can be led by a project manager who provides guidance and coordination.

To choose the best organizational structure, you would need to consider various factors:

• Expertise: Identify the skills and knowledge required for the project and ensure that team members have the necessary expertise.
• Communication: Determine how information and knowledge will be shared among team members to foster collaboration.
• Timeline: Assess the project's timeline and determine if a dedicated project team is feasible.
• Resources: Evaluate the availability of resources needed for the project, such as budget, technology, and facilities.