Better Together: Building More Effective Cross Functional Teams

Today, more and more companies are adopting cross-functional team structures that reward collaborators over “lone wolves.” Members of these teams often have complex reporting relationships, rather than a single boss, which makes it essential for goals to be aligned across departments or teams.

In matrix organizations, where team members represent various departments/functions, the lines of decision-making are often blurred; it’s not always clear who is in charge, or who has the ultimate decision-making authority.

In many cases, team leaders lack the skills to boost cooperation and communication within their teams, and team members often lack the skills to collaborate effectively.

Key learning points include:

 Learn how cross functional teaming has evolved over the past 10 years  Understand the benefits and challenges of cross functional teamwork  Learn the four prerequisites for effective cross-functional teamwork  Learn how Hyundai Capital overcame the challenges of cross-functional teamwork and built a powerful global business