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

Leading Blog

Between surging demand, labor shortages, outdated air traffic management, and travel reservation I.T. And just to make things interesting, do it in a decentralized organizational construct where laws,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. In the U.S., 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

Sloan Foundation , the Sloan School of Management at MIT , the Sloan program at Stanford , and the Sloan/Kettering Memorial Cancer Center in New York. When Sloan became president of GM in 1923, he put in place planning and strategy, measurements, and most importantly, the principles of decentralization.”

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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. Another CEO used prodigious management skills to successfully consolidate, grow, and dramatically increase the efficiency of a vertically integrated industrial company. I have seen this manifest itself three ways.

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There Is No Invisible Hand

Harvard Business Review

An engineering analogy may help. The very word "equilibrium" is deeply misleading in this context because it describes a situation that is not an equilibrium, either in plain English or in engineering. How could decentralized trading move markets to equilibrium if there is only one good? But it is pure assumption.

Crisis 18
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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. search engine company Inktomi in 2002. By mid-2004, however, the operation was mired in conflict over control and differences in management style.

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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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‘My Years with General Motors’, Fifty Years On

Harvard Business Review

For fans of management books, this month marks a big anniversary. Moreover, Sloan did this by means of organizational mastery, without the major engineering breakthrough that other GM insiders believed was their only hope. Despite his own origins as an MIT-educated engineer, he took inspiration from the “Paris dressmakers.”