In the planning of strategy ... for organisational development ... I have come to the realisation, that Finance, HR, and Marketing are more accurately modeled as VERTICALS ( value-chains ), and not HORIZONTALS ( business functions ).
This comes from the point of view, that value-chain management is external facing ... transcending the boundaries of the corporation : respectively, the stakeholder varieties of financiers, labour, and customers are all beyond the boundaries of the corporation.
Whereas, business functional management is internal facing ... regarding the intermediate processes which do not directly map to any specific external stakeholder.
Under this lens, technology and legal are horizontals, whereas regulatory compliance is a vertical.
Hmm!
I'm just stabbing at vocab. No one actually calls business functions, "horizontals".
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