The virtual network is a type of organizational structure where it's based on outsourcing.
Another way to structure your organization.
Ability to draw on worldwide resources
Flexibility and use of new technologies
Reduced overhead
Lack of control
Extreme decentralization
Dependence upon external organization
Difficult to develop a corporate culture
Hybrid Structure
Combination of various structure approaches
Tailored to specific needs
Often used in rapidly changing environments
Greater flexibility
Structure must provide a framework, linking organization into whole
Provide vertical and horizontal linkages
Variety of alternatives for grouping
Virtual network extends horizontal coordination
Matrix structure attempts to achieve balance
Managers must find right balance
The purpose of the organization chart is to encourage and direct activities