Having a great idea is only one step towards an ideal project. Second crucial thing is hiring and managing professionals who can turn your ideas into reality. Here you can face the important problem: how to choose right organizational structure in order to get the best value for money? One of the most interesting solutions is hiring cross-functional project teams.
But we'll be honest with you - CFT is not a magic squad which can bring you profit at once. Harvard Business Review states, that only 25% of CFTs meet their goals.
Even though the statistics aren't so positive, most companies now shifting from department hierarchy to CFTs. We'll try to puzzle out why companies choose this option. And if the cross-functional team leadership is on your shoulders, we will tell you some secrets of how to manage teams of various specialists.