According to the definition: “A ‘matrix’ is “a structure that assigns specialists from functional departments to work on one or more interdisciplinary team that are led by project leaders”.
In simple words, it is a technique used by the management for managing an organisation through dual-reporting relationships, as opposed to a more traditional management reporting structure. The aim is to combine functional and product departments in a dual authority system, so as to bring things together. Also, a matrix configuration may be known as a cross-functional work team, which brings together individuals, who report to different parts of the company in order to complete a particular project or tasks.