International Ltd is a Dutch multinational construction company engaged in different forms of construction in various countries, including Ghana. The company has decided to change its existing organizational structure, which is a functional structure, to a matrix structure in order to improve its operations.

Required:
Explain FIVE (5) benefits the company would derive from this decision.

i) Pooling of Expertise: The essential advantage of the matrix structure is its high expertise base. This is because those in the division are people with varying expertise brought together from different departments.

ii) Improved Decision Making: The matrix structure facilitates the participation of decision-making at the proximity of designated divisions, enabling more informed and quicker decisions.

iii) Enhanced Accountability: The matrix structure enshrines responsibility to employees at the division level, making them accountable for every aspect of their performance.

iv) Learning Grounds: The matrix structure enables employees to acquire new knowledge, skills, and abilities due to the opportunity to work with well-organized multidisciplinary teams.

v) Innovation: The matrix organizational structure adopted by International Ltd would facilitate the development of innovative ideas and new products due to the cross-fertilization of knowledge and skills from different functional specialities.

vi) Increased Motivation: The adoption of the matrix structure would increase employees’ motivation, especially for those who gain inspiration from involvement in challenging jobs.