The term **"Network"** in the context of organizations typically refers to a **network-centric or network organizational structure**, a modern business model that emphasizes agility, collaboration, and decentralized decision-making across small, self-directed teams. This structure leverages information and communication technology (ICT) to empower knowledge workers, enabling rapid adaptation to market changes and fostering innovation in dynamic industries[1][2][3]. **What the organization does:** Network organizations focus on breaking down traditional hierarchical silos by organizing employees into multidisciplinary, autonomous groups that collaborate to achieve specific objectives. These teams develop strategies, iterate action plans, and execute projects with minimal supervision, promoting efficiency and flexibility. This approach is especially suited for fast-paced sectors like technology, marketing, and product development, where quick responses to evolving conditions are critical[2][3][4]. **History and Evolution:** The network organizational model has emerged as a response to the limitations of traditional hierarchical structures in the face of globalization, rapid technological advancement, and shifting customer expectations. It evolved alongside the rise of Web 2.0 and Enterprise 2.0 technologies, which facilitate social collaboration and real-time information sharing. The shift from industrial to information age business practices has made network-centric organizations a strategic choice for companies seeking sustained competitive advantage[1][4]. **Key Achievements and Notable Examples:** A notable exemplar is Cisco Systems, which successfully integrated networking technology into its business model in the mid-1990s. Cisco created a networked supply chain that connected customers, manufacturers, and partners through Internet technology, automating order processes and enhancing operational efficiency. This networked approach allowed Cisco to scale rapidly without owning all the expertise internally, illustrating the power of network organizations to leverage external relationships for competitive gain[5]. **Current Status and Notable Aspects:** Today, network organizations are recognized for their ability to nurture innovation, improve communication, and respond swiftly to change. Success hinges on robust communication systems and a culture of opennes