The document discusses different types of teams and their characteristics. It covers comprisal teams, problem solving teams, self-managed teams, cross-functional teams, and virtual teams. Self-managed teams are highlighted as having autonomy to implement decisions, shared ownership of tasks and roles, and decisions made by those with relevant knowledge. While this allows tapping diverse expertise, it can potentially lead to conflicts and lack of creativity. The Tata Nano case study is then described showcasing how its team structure mirrored that of a self-managed team, with cross-functional experts working in small cross-disciplinary teams to achieve the project's goals within tight constraints.