Strategy Driven

AUGUST 24, 2015

Employees are not present to serve management or reinforce bureaucracy. Managers have the ability to track progress toward department goals. Trying to create an environment that is measurement friendly also involves a change agent— someone to lead this effort and manage the change process within an organization.

Organization 50

Organization Human Resources Bureaucracy Competitive Advantage 50

Harvard Business Review

NOVEMBER 16, 2018

Yet, according to the World Bank , roughly one-third of firms around the world use kickbacks, paying an estimated total of $400 billion a year. You would factor $30,000 to $60,000 in certain places just to address the bureaucracy that they put in place.” “That’s enlightened management.”

Management 11

Management Ethics Cost Bureaucracy 11

Strategy Driven

OCTOBER 11, 2013

Current management of both companies were ill-advised on handling the crises. When they are compelled to do so, company leadership will provide leadership for change management and re-engineering…two of the many worthwhile concepts that should be advocated every business day. Those We Bring Upon Ourselves. About the Author.

Crisis 59

Crisis Crisis Management Retail Budgeting 59

Strategy Driven

JUNE 22, 2012

My analysis: Productivity software does no good unless one commits to change, alters behavioral traits and commits to time management. Many managers have poor people skills, as well as poor verbal-written communications skills. Banks buy money wholesale and sell it to borrowers at retail rates.

Brand 50

Brand Analysis Advertising Software 50

Harvard Business Review

JUNE 26, 2015

Taylor , the founder of scientific management who died 100 years ago. Michael Power of the London School of Economics describes the resulting explosion of bureaucracy as “the risk management of everything.” A few months ago I opened a new account at a well-known UK bank at a brick-and-mortar branch.

Process 8

Process Banking Compliance Bureaucracy 8

Harvard Business Review

APRIL 18, 2014

Her story is not only an inspiring one of adapting self-help narratives and neuroscience to "trick" her own mind; it’s also a tale couched in almost a century of management thinking about who can and can''t be a leader. Managing yourself' But he can see the appeal of it. News and World Report).

Charisma 8

Charisma Hamel Bureaucracy Meyer 8

Harvard Business Review

FEBRUARY 24, 2011

Imagine if managements, boards, and investors adopted them: we could restart our economy, energize our business school curricula and create prosperity for our children and grandchildren. Berkshire's talented managers get the P&L independence to run their own businesses. He wants loyal investors who seek to be stockowners, not renters.

Letter 15

Letter P&L Net Present Value Insurance 15

Harvard Business Review

JULY 19, 2017

Companies like ANZ, the Australian-based banking giant, have made explicit commitments to adopt agile principles , while others like Zappos, are on the bleeding edge of organizational transformation. Self-managed teams with limited hierarchy and bureaucracy are explicit features of such organizational models.

Agility 8

Agility White Paper How To Metrics 8

Harvard Business Review

MARCH 25, 2016

It is questionable, for example, whether many thousands of pages of regulations have enhanced the banks’ ability to carry out their core mission of funding the real economy of goods and services for real human beings. Managing the transition. The entrepreneurial society. There are indications that this is happening.

Drucker 8

Drucker Long-term Short-term Christensen 8

Harvard Business Review

JANUARY 28, 2013

For example, I happened to chat with a summer intern (who now uses his analytical prowess as head of a media company) on his second day at an investment bank. And this was a top-tier investment bank. Dealing with a recalcitrant bureaucracy can be even more frustrating than dealing with noisy data.

Uncertainty 9

Uncertainty Bureaucracy Banking Examples 9

Harvard Business Review

FEBRUARY 18, 2013

The good news is that it is feasible, as long as the right pockets of expertise are tapped (in the World Bank, OECD or IMF, for example) and provided a permanent infrastructure is built in the EU. It should get full-time staff with the right skills, focused on results and change management, and clearly tasked to instill better governance.

Long-term 8

Long-term Crisis Politics Resistance 8

Harvard Business Review

SEPTEMBER 3, 2015

The CEO of a large, global bank once told me: “It is very easy for someone in my position to be very busy all the time. As famous management professor Henry Mintzberg has described, much of strategy is “ emergent.” Because it means that you don’t have much time to think and reflect.

Strategy 8

Strategy Long-term Short-term Mintzberg 8

Harvard Business Review

SEPTEMBER 5, 2016

Yet there’s compelling evidence that bureaucracy creates a significant drag on productivity and organizational resilience and innovation. By our reckoning, the cost of excess bureaucracy in the U.S. million managers, first-line supervisors, and administrators in the American workforce in 2014. Here’s the arithmetic.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

JULY 24, 2013

But over time the automakers evolved into change-averse business bureaucracies. They''ve also been troubled, and Cleveland even defaulted on some bank loans in the late 1970s. That''s partly because they''re older cities with smaller land areas to manage. But it''s also because they remained central to regional economic life.

Gilbert 9

Gilbert Venture Capitalist Class Entrepreneur 9

Harvard Business Review

JULY 7, 2015

You will lose the bankers if your guidepoint is startups rather than growth; it is not banks’ business to invest in startups with few assets to secure as guarantees. Start with the investment bankers whose livelihood it is to advise on acquisitions, talk to stock exchange officials, and meet with the late stage PE fund managers.

Innovation 8

Innovation Planning Tourism Venture Capitalist 8

Harvard Business Review

DECEMBER 8, 2016

Rogier hadn’t once mentioned holacracy or self-managed teams, even though the executive team and the board had been talking for months about transitioning to just such a system at the global construction company. Rogier Maes, the CEO of Contect, wrapped up his year-beginning speech to all the company’s employees.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

MAY 2, 2016

The hunt for Bin Laden from 2009–2010 yielded many lessons about managing a large, complex organization that is focused on varied missions under intense pressure. These management lessons, we believe, are relevant far beyond Langley. Reorienting priorities in a large government bureaucracy is hard enough. Where We Started.

Management 8

Management Operations Planning Politics 8

Harvard Business Review

AUGUST 15, 2016

” And the Legatum Institute, when aggregating data from the World Bank, the United Nations, and elsewhere to formulate its Prosperity Index , has found that of its many indicators, “entrepreneurship & opportunity” correlates most strongly with a country’s overall prosperity. We are talking about the U.S.

Microfinance 8

Microfinance Policies Entrepreneur NGO 8

Harvard Business Review

JUNE 7, 2016

One of the great innovations in business, which has held sway since 1976, is the idea that professional managers should have an owner’s mindset—that is, they should treat their company’s money as if it were their own. They loathe bureaucracy that traps resources and slows decision making.

Bureaucracy 8

Bureaucracy Short-term Budgeting Long-term 8