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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

The gist of the argument seems to be that for teams to be productive, employees have to feel “empowered&# by having an equal voice. And as odd as it may sound, one of the greatest impediments to building productive teams is practicing management by consensus. I can sum-up my feeling on this in one word… ridiculous.

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The Dark Side of Efficient Markets

Harvard Business Review

It is generally accepted that efficiency represents the optimal, aspirational state for any market. Efficient markets, which feature many buyers and sellers and perfect information flowing between them, determine the “right price” and hence allocate society’s resources optimally. Think about how markets evolve.

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Companies Collect Competitive Intelligence, but Don’t Use It

Harvard Business Review

The paradox is that companies spend millions acquiring competitive or market “intelligence” from armies of vendors and deploy the latest technology disseminating the information internally. Some estimate the market for market research alone at $20 billion annually. What Did Peter Drucker Really Say?

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The Cure for Self-Inflicted Complexity

Harvard Business Review

Because we are notably bad at dealing productively with the inter-domain complexity that we have created, I think it is indeed a problem. The marketing executive doesn’t get blamed if the finance executive failed to come up with the capital necessary to fulfill the marketing executive’s grand plans.

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To Understand the Future of Tesla, Look to the History of GM

Harvard Business Review

Peter Drucker wrote that Sloan was “the first to work out how to systematically organize a big company. Sloan kept the corporate staff small and focused on policy making, corporate finance, and planning. Modern Corporation Marketing. auto market. car market. General Motors had 20%.

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Are CEOs Overhyped and Overpaid?

Harvard Business Review

Second, as a 20-year review from 1993 to 2012 showed, CEOs’ judgment affects key strategic and managerial processes , such as staffing, financing, and marketing decisions. alone, the productivity losses of disengagement could amount to $550 million , not to mention the negative effects on employee health and well-being.

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In 2014, Resolve to Make Your Business Human Again

Harvard Business Review

In 1960, marketing legend Ted Levitt provided perhaps his seminal contribution to the Harvard Business Review : “ Marketing Myopia.” Peter Drucker famously said that the point of a business was to create a customer. And yet, more than 50 years later, companies have become worse, not better, at answering it correctly – far worse.

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