Harvard Business Review

AUGUST 28, 2018

They had to work in sequence, meaning they had to streamline the operation first — before they could launch their new growth effort. The underlying trouble had been McDonald’s working from an inside-out perspective: what fit with its current infrastructure and operations.

Productivity 8

Productivity Products Decentralization Resistance 8

Harvard Business Review

DECEMBER 15, 2017

In one illustration of these difficulties, consider that India currently ranks 100 out of 190 countries in the World Bank’s Ease of Doing Business rankings, 22 places behind China, 39 places behind Indonesia, and just nine places above Papua New Guinea. Step 2: Measure operating environment.

Strategy 8

Strategy Operations Policies Environment 8

Harvard Business Review

MARCH 22, 2016

However, overspending is often the result of decentralized and siloed decision making over the utility budget. Branches of PNC bank that were LEED-certified generated over $3,000,000 more in consumer deposit balance and over $900,000 more in loan balance per year than those that were not LEED-certified.

Company 8

Company Management CIO Energy 8

Harvard Business Review

DECEMBER 26, 2017

Hence, when (re-)designing the organization structure, they tend to decentralize decision-making, so that decision rights are as close as possible to the people who deal with customers, competitors, front-line employees, and other stakeholders. Decentralization allows immediacy in time and place, hence responsiveness.

Decentralization 8

Decentralization Efficiency Mintzberg Operations 8

Harvard Business Review

APRIL 16, 2018

When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” Each of these GM divisions focused on its own day-to-day operations with each division general manager responsible for the division’s profit and loss.

Transportation 8

Transportation Automotive Brand Engineering 8

Harvard Business Review

SEPTEMBER 16, 2015

Leaders rate the importance of maintaining a sterling reputation in the countries in which they operate 10 times higher than do laggards — the greatest variance we found. The case is now languishing in the World Bank’s investment dispute court. Local subsidiaries have to operate in ways acceptable to the parent company.

Marketing 8

Marketing Company Compliance Reputation 8

Harvard Business Review

DECEMBER 8, 2016

They’d met at university, and although Derek had gone on to graduate school and a career in banking, while Rogier had joined his family construction business and then founded Contect, they’d never lost touch. But the decentralization debate was different. The two men went way back. Now Vera was getting worked up.

Case Study 8

Case Study Decentralization CFO Construction 8

Harvard Business Review

MARCH 16, 2017

On a website, in a nightclub, at an airport, or in front of a bank counter, everyone wants us to prove that we are who we say we are. MDLs are unalterable registers that allow groups of people to validate, record, and track transactions across a network of decentralized computer systems. “Who are you?”

Document 11

Document Decentralization Banking Insurance 11

Harvard Business Review

MARCH 6, 2017

Blockchain experts call this “decentralization.” ” Decentralization offers the promise of nearly friction-free cooperation between members of complex networks that can add value to each other by enabling collaboration without central authorities and middle men. The banking industry is filled with shared resources.

Supply Chain 13

Supply Chain Decentralization Banking Technology 13

Harvard Business Review

SEPTEMBER 5, 2016

Operating decisions are almost entirely decentralized. Nearly all of these practices run counter to conventional banking wisdom, which holds that to be efficient a bank must consolidate operational activities and centralize decision making on matters like pricing and lending.

Cost 8

Cost Bureaucracy GDP Management 8

Harvard Business Review

MAY 17, 2017

One of today’s most celebrated examples of leapfrogging is the M-Pesa mobile payment system in Kenya and Tanzania, which lets people bank in their national currency using only their phones, leapfrogging traditional banking practices and creating a mobile banking revolution. The system currently serves a billion people.

Marketing 8

Marketing Technology Banking Efficiency 8

Harvard Business Review

JULY 23, 2013

Because digitization has passed power to the consumer, pressing companies to pull together their old decentralized profit and loss fiefdoms to produce experiences consumers find compelling. Design "integration mechanisms" and operate them with rigor. Many more organizational structure changes are likely to come.

P&L 8

P&L Decentralization COO Restructuring 8

Harvard Business Review

JULY 24, 2013

For Commonwealth Bank of Australia, convergence involved bringing together operations and IT into a new unit, Enterprise Services (ES), headed by the CIO. These enterprises have decentralized management and diversified businesses. Taking this approach (e.g. Typically, though, some global risk management is necessary.

CIO 9

CIO Organization Committee CTO 9

Harvard Business Review

APRIL 18, 2014

In Hamel''s view, every company should be like the internet: decentralized, non-bureaucratic, flexible, and empowering. He slept on someone''s floor, got rejected when he tried to open a bank account, and finally landed a temporary job that requires a 43-minute commute. But he can see the appeal of it. News and World Report).

Charisma 8

Charisma Hamel Bureaucracy Meyer 8

Harvard Business Review

MARCH 1, 2017

Money, equities, bonds, titles, deeds, contracts, and virtually all other kinds of assets can be moved and stored securely, privately, and from peer to peer, because trust is established not by powerful intermediaries like banks and governments, but by network consensus, cryptography, collaboration, and clever code. Insight Center.

Finance 8

Finance IPO Banking Venture Capitalist 8