Remove Decentralization Remove Engineering Remove Finance Remove Innovation
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The 3 Company Crises Boards Should Watch For

Harvard Business Review

This becomes more likely as the organization takes on strategic risk — through innovation, mergers and acquisitions, or because its environment is becoming more volatile. Rather than managing that complexity by delegating and decentralizing, the CEO became even more controlling. The finance group scrutinizes capital requests.

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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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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.