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Umaga Bank, an online banking organization with over 5,000,000 employees across the globe has realized its inefficiency with regards to its organizational structure since they

  1. Umaga Bank, an online banking organization with over 5,000,000 employees across the globe has realized its inefficiency with regards to its organizational structure since they operate in a traditional hierarchical structure. They intend to become a collaborative organization due to the benefits of collaboration. Discuss five (5) necessary requirements/ will need to be met to become an efficient network-based and non-hierarchical stras organization.

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