What does balanced matrix organization mean?

balanced matrix organization meaning in Business Dictionary

A two-dimensional management construction (matrix) for which staff members are assigned to two organizational groups; a practical team centered on skill units which includes an operating supervisor (vertical) and a certain project group in which employees are accountable to a product supervisor (horizontal). In a balanced matrix the managers have actually the same amount of authority with various functions. The task manager describes the relevant skills necessary for the project and also the useful manager assigns personnel to fill those needs.