bits and pieces:
Authority, PM, Matrixed organizations

In matrixed organizations one could well be accountable for product P&L with no line authority. In a case like that, authority isn't handed over like a tap from the Queen's sword, but is rather earned by establishing good working relationships with the other constributors. Success doesn't come from authority anyhow. It comes from influence more than anything. In most organizations, ultimate authority lies with the CEO/General Manager and, at the limit, if decisions are all pushed up to that level, those companies will fail in the long run, as the model isn't scalable.

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