The location of a team can be moved from within the team's architecture. The easiest way to do this is to change the location from within the team's dashboard.
In this example, we want to move the Owner Team from 'Lead the business' to 'Lead Financial security'.
Navigate to All Teams
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Click on the team you want to move
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Click on the 'Location' heading
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From here you can allocate the Key Functions, Zone, or parent teams where you want that team to go
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Save & Close once done
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What happens next?
The team will have an updated location within the team dashboard as well as the organisation map.