After carefully reading the Case Study: Organizational Restructuring Horizon Properties, Inc., and performing a thorough review of relevant literature from in$-$ and outside the texts, you will be assuming the persona of an internal consultant for the company, and preparing a business memorandum with key findings from your internal analysis of the company followed by your recommendation on which organizational structure the company should consider adopting with supporting rationale. The memorandum will be directed to the attention of Ms$.$ Dana Foster, Chief Executive Office, Horizon Properties, Inc.

Horizon Properties, Inc. is a large commercial real estate company that specializes in developing and managing office buildings, retail spaces, and industrial properties. The company was founded in the early $1980$s and has since grown to become one of the leading players in the commercial real estate market.

Horizon Properties, Inc. operates in multiple regions and has a large and diverse workforce of approximately $500$ employees, including project managers, architects, engineers, and administrative staff. The company's employees are highly skilled and experienced and are committed to delivering high$-$quality projects that meet the needs of their clients.

Horizon Properties, Inc. faces significant challenges in the commercial real estate market, including increasing competition, changing market conditions, and the need to improve performance and efficiency. The company's management team recognizes the importance of organizational structure in addressing these challenges and is considering restructuring the organization to better meet these challenges.

The company has a strong reputation for delivering high$-$quality projects and has a large and loyal customer base; however, the company has been experiencing some issues with employee engagement and productivity, which has been impacting its ability to meet project deadlines and deliver results. Additionally, the company has been facing increasing pressure to reduce costs and improve efficiency, while concurrently maintaining its reputation for delivering high$-$quality projects.

Overall, Horizon Properties, Inc. is a well$-$established and respected player in the commercial real estate market, but it faces significant challenges that will require a strategic and proactive approach to organizational restructuring to maintain its competitive edge and continue to grow and succeed in the market. Moreover, the leadership team has realized that the company must be dynamic and capable of rapid restructuring should environmental conditions dictate. They have also acknowledged that they need to look internally for solutions to problems rather than externally. If they need to change their organizational structure, it must address the company$$s challenges while advancing its$$ strategic and operational goals and objectives.

Here are some specific challenges that Horizon Properties, Inc. is facing that might necessitate a change in organizational structure:

$1.$ Underutilization of talent: The company is not effectively leveraging the skills and expertise of its employees, which is resulting in a suboptimal use of resources and a lack of innovation.

$2.$ Inability to meet constraints: The company is struggling to meet project deadlines, stay within budget, and deliver quality results, which is impacting customer satisfaction and the company's reputation.

$3.$ Lack of cooperative culture: The company's employees are not working together effectively, which is causing communication breakdowns, misunderstandings, and conflicts.

$4.$ Increasing competition: The commercial real estate market is becoming more competitive, which is putting pressure on the company to improve its performance, be more efficient, and deliver better results.

$5.$ Changing market conditions: The market conditions are constantly changing, which is requiring the company to be more agile, responsive, and adaptable to remain competitive and relevant.

These challenges suggest that a new organizational structure may be necessary to address these issues and help the company achieve its goals.

After an exhaustive review of the available literature, the list of possible organizational structures has been narrowed down to the following:

$1.$ Matrix structure: This structure would allow Horizon Properties Inc. to better utilize the skills and expertise of its employees by creating cross$-$functional teams that work on specific projects. This would facilitate better communication and collaboration among employees and help to break down silos that may exist within the company. The matrix structure could help address the underutilization of talent and the inability to meet constraints by creating more agile and responsive teams that can adapt to changing market conditions.

$2.$ Flat structure: A flat structure would allow Horizon Properties Inc. to have a more open and free$-$flowing communication between employees and management,