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Small Firms Shifting Horizons As A Result Of Brexit

The Horizons Tracker

The researchers suggest that the desire for small firms to move could be because they have a smaller order book that doesn’t allow them to hedge their risk in the way larger firms can. Sectors such as chemicals, food and drink, and textiles were among the most enthusiastic shifters.

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If Ford Wants to Beat Tesla, It Needs to Go All In

Harvard Business Review

We didn’t want to overlay them with the Ford bureaucracy. They can’t hedge, like Ford is doing. Companies have traditionally gone the self-disruption route when they’ve wanted to develop products that their existing customers would value in the future.

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Saudi Arabia’s New Economic Reforms: A Concise Explainer

Harvard Business Review

For this, Saudi Arabia will require a capable, accountable, and professional bureaucracy. Paradoxically, although low oil prices have spurred much of the change, they are also likely to inhibit the rate at which Saudi Arabia can diversify its economy.

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What Really Led to Last Summer’s Most Notorious Firing

Harvard Business Review

Lastly: If you''re in a big bureaucracy and you''re making changes to what''s happening on the ground, pretend everything''s normal and no one will notice until your plans succeed. "By Another: Afghan soldiers needed to learn how to be confident in their skills — and that couldn''t happen with tons of advisers looking over their shoulders.

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The 3 Simple Rules of Managing Top Talent

Harvard Business Review

To the extent that you rely on top-end talent to produce outstanding organizational performance, you must treat your best people as individuals, find ways to give them opportunities even when bureaucracy gets in your way, and shower them with praise when they succeed.

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Great Companies Stay True to the Spirit of Their Founders

Harvard Business Review

To make everybody happy, to serve every need, to hedge every bet, many CEOs spread resources around democratically as their companies grow — and they lose the spikiness on the cost sheet that is the telltale sign not of profligacy but of focus. This “spikiness” is the key to staying competitive, but it isn’t easy.