We spoke about the "silo effect" in class. What does this refer to?
A. This is usually associated with a matrix organization. Each matrix essentially acts as a mini-organization within the firm. Each matrix area can become so immersed in their day-to-day domain that they lose sight of what other areas do within the firm. In short, each area acts as a silo, independent of the rest of the firm.
B. This is usually associated with a matrix organization. Each matrix area within the firm essentially acts as a mini-organization within the firm. Each matrix area can become so immersed in their day-to-day domain that they lose sight of what other matrix areas do. In short, each matrix area acts as a silo, independent of the rest of the firm.
C. This is usually associated with a functionally structured organization. Each functional area of the firm essentially acts as a mini-organization within the firm. Each functional area can become so immersed in their day-to-day domain that they lose sight of what other functional areas do. In short, each functional area acts as a silo, independent of the rest of the firm.
D. This is usually associated with a functionally structured organization. Each functional area of the firm essentially acts as a mini-organization within the firm. Each functional area accumulates to much knowledge and best practices that they develop a "silo of wealth." Ideally, every organization strives to accumulate these silos of wealth and best practices.