article thumbnail

Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Decisioning by consensus usually results in no decision being made, or an intellectually dishonest, watered-down decision that is so full of compromises, hedges and caveats that a non-decision might have been preferable. They are simply meant to foster a spirit of cooperation.

Consensus 325
article thumbnail

Corporate Strategy Is a Fool's Errand

Harvard Business Review

They may not be like the big conglomerates of the 1960s — you can see how their portfolio of somewhat related business came about — but, in reality, the various divisions and business units do operate completely independently from one another. First, corporate C-suite executives are portfolio managers.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Three Questions You Should Ask About Your Cyber-Security

Harvard Business Review

As one chief information security officer for a global bank said, "If we did all the security checks we'd like to before connecting with new hedge fund customers, they would just take their business across the street.". Unfortunately, though, it's all too easy to grind your business to a halt with doctrinaire security policies.

article thumbnail

Here Are All the Reasons It’s a Bad Idea to Let a Few Tech Companies Monopolize Our Data

Harvard Business Review

Apple and Google, for example, each control a popular mobile phone operating system platform (and key apps on that platform), Amazon controls the largest online merchant platform, and Facebook controls the largest social network platform. Through their leading platforms, a significant volume and variety of personal data flows.

Company 11
article thumbnail

Uber Is Finally Realizing HR Isn’t Just for Recruiting

Harvard Business Review

Uber CEO Travis Kalanick and prominent board members, with the cooperation and support of the head of HR, have initiated an investigation. But with the departures of a number of high-level HR leaders in late 2016, head of operations Ryan Graves largely took on the head HR role in addition to his other duties.

article thumbnail

How to Revive a Tired Network

Harvard Business Review

It’s the channel through which you sell your initiatives to the people you depend on for cooperation and support. Burt asked the managers to write down their best ideas about how to improve business operations, and then he asked two ex­ecutives at the company to rate the quality of these ideas. lawyers, accountants).

How To 8
article thumbnail

How an NBA Team Thinks About Data, Talent, and Pricing

Harvard Business Review

Between ticket sales, sponsorships, merchandising, and media rights, Price Waterhouse Coopers estimates global sports revenues will grow to total roughly $145 billion. These aren’t mom and pop operations anymore. We now have entire conferences dedicated to the analytics of our business and our basketball operations.

Price 8