How can a financial services company reorganize for growth?

This venture-backed financial services start-up saw an opportunity to turn the recession into a boon. The only thing holding this start up back was its organization.

At the time, the company was organized in a classical functional hierarchy. Cross-functional teams would come together as needed, but did not have clear leadership. Following in depth conversations with leadership and staff, Luminary Labs developed multiple organizational scenarios to encourage cross-functional team success.

Ultimately, the firm formalized a cross-functional organization with clear leadership and team goals. Since this time, the firm has entered new markets, raised an additional $15 million in venture capital and been the recipient of prestigious industry awards.