Management Techniques actually work!
If you didn’t catch the article by Scott Thurm in today’s Wall Street Journal, you should check it out.
He reports that researchers from Stanford University, the London School of Economics and the consulting firm McKinsey & Co. found that solid management techniques, yes, the kind we teach in business schools, actually make a difference to the performance of manufacturing plants. They found that better managed facilities employed management tools that helped them achieve better performance. It’s comforting to know that the research we do and the resulting tools and techniques can have a good performance effect.
Among the studies’ more intersting finding is that (for now) factories in the US are better managed than those in other countries. But - that gap could soon close, they warn.
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- Posted Rita McGrath on September 08, 2008
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The curse of past success: Fast Strategy Diagnostic
Doz and Kosonen have a most interesting diagnostic tool posted on their website strategic agility, which is linked to their book Fast Strategy. If you are concerned that your organization may have enjoyed too much of a good thing in the past and may be ill-equipped to cope with future challenges, it’s a sobering exam to take.
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- Posted Rita McGrath on February 10, 2008
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