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Functional Organization: This is an organizational design that has departments of expertise, with each department having a specialized function. The main functions are typically organized into production, marketing, finance and administration divisions. Each division will have its own operating procedures and management structure. An example of this type of organization would be McDonald’s Corporation, where departments are divided into areas such as operations, marketing, human resources and finance.

Matrix Organization: This type of organizational design combines both functional and product-based structures to create a more dynamic environment. In this setup, employees may report to multiple supervisors at once while working on specific projects or tasks related to the products they work on or create. An example of this type of organization is Apple Inc., where departments are divided according to their product lines such as iPhone/iPad/MacBook and iWatch/AppleTV/HomePod units.

Networked Organization: This form of organizational design involves the sharing of resources across different locations in order to maximize efficiency. In this setup, teams from different sites can collaborate remotely in order to achieve common objectives without being limited by geographical boundaries or time zones. A good example would be Amazon Web Services (AWS), which provides cloud computing services that allow organizations from all over the world to access their servers for data storage and software development tools using a single platform.

Virtual Organization: This is an organizational design characterized by flexible roles powered by technology wherein teams can work together regardless of location or physical proximity with greater collaboration and communication enabled through applications like Skype or Hangouts among others.. Facebook is an example where it uses virtualization principles across its global offices allowing employees around the world to interact seamlessly through digital channels even when they are not physically near one another in a traditional office setting.

When comparing these four types of designs there are several aspects that need consideration including structure, strategies used as well as challenges faced in today’s environment:

Structure – Functional organizations tend have rigid hierarchies whereas matrix organizations use cross-functional structures that favor greater flexibility for meeting project needs quickly; networked organizations increase collaboration between geographically dispersed teams; virtual organizations combine elements from all three but emphasize remote working capabilities above all else
Strategies – Functional designs focus on establishing efficient processes regarding day-to-day operations; matrix designs integrate technical expertise along with customer requirements; networked designs aim for improved communication between stakeholders; virtual designs prioritize technology utilization for maximum accessibility
Challenges – Functional organizations struggle with adapting quickly enough due to bureaucratic decision making process; matrix environments need careful balancing between project team dynamics vs company hierarchy protocols; networked setups may require significant investments upfront due various technologies required for successful functioning ; virtual companies must plan ahead in terms how best leverage digital tools so avoid cyber security risks while still providing secure user experience

In order to create an optimal high performance organization I would choose Matrix Organizational Design because it allows you flexibility within your structure while also focusing on expert knowledge since its comprised both specialist skillsets along with customer requirements – thus creating balance between short term gains & long term stability within any given company model . Additionally matrix models offer advantages such as increased coordination , control via established protocols , increased job satisfaction among staff members due enhanced autonomy granted them & quicker response times when dealing w customers . To ensure performance here some key points should kept mind : clarity goals & objectives , effective management practices throughout business sections , upskilling personnel whenever necessary plus proper evaluation techniques adopted towards end project timelines .

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