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Balanced Scorecard - The Next Big Thing?

Six Disciplines

Many corporate managers have been introduced to a corporate management system called the Balanced Scorecard. Indicative of the system's growth, many of these implementations are less than six months old. According to studies, the BSC is being implemented in nearly two-thirds of North American larger corporations.

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Managing Remote Employees: Lessons Ancient Rome and Today

Great Leadership By Dan

Again, this is not a new concept - the management guru Peter Ducker wrote about it back in the 1950s in his book Management by Objectives. Unfortunately, his ideas were ruined by management consultants who turned “MBO” into a bureaucratic mess. A shared purpose, goals, and value system. Team development.

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How Overfocusing on Goals Can Hold Us Back

Harvard Business Review

Testing objective-less challenges in many other AI contexts, Stanley got similar results. When made to seek novelty, his robots developed surprising and creative solutions to problems they could not previously solve. ” Most modern managers take this as a given. Consider just a few examples.

Goal 8
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Planning Doesn’t Have to Be the Enemy of Agile

Harvard Business Review

Early in the twentieth century Henri Fayol identified the job of managers as to plan, organize, command, coordinate, and control. The capacity and willingness of managers to plan developed throughout the century. Management by Objectives (MBO) became the height of corporate fashion in the late 1950s.

Agility 15
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There’s No One System for Paying Your Global Sales Force

Harvard Business Review

Develop Global Guidelines. For example, a medical device company created the following global guidelines for incentive plans for new business development salespeople. systems and infrastructure) across countries and utilizing skilled people in lower cost labor markets. Consider three approaches that can work.