Remove Decentralization Remove Development Remove Engineering Remove Finance
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Moving Beyond Company Organization Silos: Lessons from the Aviation Industry

Leading Blog

And just to make things interesting, do it in a decentralized organizational construct where laws, standards, and procedures aren’t as tightly controllable as within a single company. Even worse, functional processes — finance, human resources, sales, etc. logistics, and finance. finance, I.T., Recall how the U.S.

Industry 269
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To Understand the Future of Tesla, Look to the History of GM

Harvard Business Review

When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.” Sloan kept the corporate staff small and focused on policy making, corporate finance, and planning. He had each of the divisions start systematic strategic planning.

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The 3 Company Crises Boards Should Watch For

Harvard Business Review

Rather than managing that complexity by delegating and decentralizing, the CEO became even more controlling. To support a change in strategy from efficiency-driven to innovation-driven growth, the company acquired another company to be its innovation engine. The finance group scrutinizes capital requests.

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There Is No Invisible Hand

Harvard Business Review

Finally, in 1954, Kenneth Arrow, at Stanford, and Gerard Debreu, at the Cowles Commission at Yale, developed the canonical "general-equilibrium" model , for which they later won the Nobel Prize. An engineering analogy may help. Supposedly practical economists develop models that aggregate — homogenize.

Crisis 18
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Using Supply Chains to Grow Your Business

Harvard Business Review

One result is that they keep their cards close to their chests about what they are looking for (at first), while expecting you to reveal everything – your finances, pricing, ownership, human resources, production processes, quality assurance, customer service procedures, KPIs, and existing customers.

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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

In May of 2005, Yahoo CEO Terry Semel, cofounder Jerry Yang, corporate development executive Toby Coppel, and I — I was then chief financial officer of the Silicon Valley internet company — went on what would turn out to be a fateful trip to China. search engine company Inktomi in 2002.