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The leadership expert sits down with Inc. editor-at-large Bo Burlingham to talk about what makes great companies tick.

Content: Thought Leader | Authors: Bo Burlingham, Jim Collins | Source: Inc. Magazine | Subjects: Best Practices, Management, People

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Larry Potterfield, founder of the shooting-supply company MidwayUSA, is obsessed with management excellence: quantifying it, developing systems to produce it, and spreading it far and wide.

Content: Case Study | Author: Leigh Buchanan | Source: Inc. Magazine | Subject: Best Practices | Company: MidwayUSA

To cognitive scholars, the correspondence problem is the central scientific puzzle in imitation. This challenge of converting the imitation target into a copy that will preserve the favorable outcome observed in the original is as relevant for business as it is for the sciences, and no company can hope to become strategically agile without being able to decipher it. For instance, many firms copied General … [ Read more ]

Content: Quotation | Author: Oded Shenkar | Source: Ivey Business Journal | Subject: Best Practices

The WMS is an international research institute measuring differences in management practices across organizations and countries. WMS generates reports and data that help managers and policy makers understand the drivers of better management practices. On the site, you can even benchmark your manufacturing firm, hospital, school, or retail outlet against others in your country, industry or size class.

Content: Online Resource | Subjects: Best Practices, Management

‘How?’ is not just a question. HOW is the answer.

HOW. We’ll see that word a lot in this manifesto. Simply stated, HOW is the belief that in our more interconnected and interdependent world, we rise and fall together. The way to forge a better, more sustainable path of growth and progress lies in the realm of human behavior—HOW we do what we do. The days … [ Read more ]

Content: Article | Author: Dov Seidman | Source: ChangeThis | Subjects: Best Practices, Management

The Boston Consulting Group and the World Federation of People Management Associations (WFPMA) recently conducted major research to probe the relationship between people management capabilities and financial performance. We surveyed 4,288 HR and non-HR managers on their current HR capabilities and challenges, the strategies and approaches they use to address these challenges, and the difficulties they foresee in attracting, managing, and developing people. Our analysis … [ Read more ]

Content: Article | Authors: Carsten von der Linden, Horacio Quiros, Jean-Michel Caye, Pieter Haen, Rainer Strack | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Human Resources, Management, Organizational Behavior

To get beyond the myths told of champions born of randomness we need an entirely new way to think about corporate performance.

Content: Article | Authors: Jeff Schulz , Michael E. Raynor, Mumtaz Ahmed | Source: Deloitte Review | Subject: Best Practices

If we had to distill our six-year research project into one key concept that conveys the most information about what it takes to build a visionary company that can adapt to a changing world, we would adapt the yin/yang symbol. We selected the yin/yang symbol to represent a key aspect of highly visionary companies: they do not oppress themselves with what we call the “Tyranny … [ Read more ]

Content: Quotation | Authors: Jerry I. Porras, Jim Collins | Source: Prism (Arthur D. Little) | Subjects: Best Practices, Management

Louis Carter introduces a lesson on the best practices mind-set from The Responsible Business: Reimagining Sustainability and Success, by Carol Sanford.

Content: Article | Source: strategy+business | Subjects: Best Practices, Management

Organizational and people capabilities drive performance and enable strategy, but most companies do not know how to measure or take steps to improve them. We have identified 14 characteristics common to most high-performance organizations. Organizations that pursue and embody these 14 characteristics outperform their peers and generate a competitive edge.

Content: Article | Authors: Andrew Dyer, Jean-Michel Caye, Lisa Dymond, Paul Orlander, Vikram Bhalla, Yves Morieux | Source: Boston Consulting Group (BCG) | Subjects: Best Practices, Management

IN early 2009, statisticians inside the Googleplex embarked on a plan code-named Project Oxygen. Their mission was to build better bosses. So, as only a data-mining giant like Google can do, it began analyzing performance reviews, feedback surveys and nominations for top-manager awards. They correlated phrases, words, praise and complaints. Later that year, the “people analytics” teams at the company produced what might be called … [ Read more ]

Content: Article | Author: Adam Bryant | Source: The New York Times | Subjects: Best Practices, Management, Organizational Behavior | Company: Google

For the last six years, Christian Stadler has led a team of eight researchers in a study of some of Europe’s oldest and best companies. They asked: What distinguishes companies that managed to perform at a very high level over very long periods from others that do not perform as well? To answer this question they selected a sample of companies that had turned in … [ Read more ]

Content: Article | Author: Christian Stadler | Source: Management Innovation eXchange (MIX) | Subject: Best Practices

The most creative leaders I’ve met don’t aspire to learn from the “best in class” in their industry—especially when best in class isn’t all that great. Instead, they aspire to learn from innovators far outside their industry as a way to shake things up and leapfrog the competition. Ideas that are routine in one industry can be revolutionary when they migrate to another industry, especially … [ Read more ]

Content: Quotation | Author: William C. Taylor | Source: ChangeThis | Subjects: Best Practices, Innovation, Management

[Chip Conley believes that] for most people, networking, building social relationships with strangers at, for instance, events and functions, was seen as a task. That mindset held true for many of the other actions required to build power–they were tasks. Tasks, he said, are things like taking out the garbage. You don’t try to develop your “skill” at taking out the garbage, you don’t think … [ Read more ]

Content: Quotation | Authors: Chip Conley, Jeffrey Pfeffer | Source: BNET | Subject: Best Practices

When organizational transformations succeed, managers typically pay attention to “people issues,” especially fostering collaboration among leaders and employees and building capabilities.

Content: Article | Source: McKinsey Quarterly | Subjects: Best Practices, Change Management

Because the prescriptions of most success studies lack an empirical foundation, they should not be treated as how-to manuals, but as a source of inspiration and fuel for introspection. In short, their value is not what you read in them, but what you read into them.

How did these researchers create such compelling narratives, then, if their samples are suspect? The human mind being what it … [ Read more ]

Content: Quotation | Authors: Andrew D. Henderson, Michael E. Raynor, Mumtaz Ahmed | Source: Ivey Business Journal | Subjects: Best Practices, Success / Failure

Are all the companies that supposedly go from good to great really that great after all? Or, are they merely one of a pack of pretty average performers? As these authors state, those really great companies may only be putatively great, successful but only in a middling sort of way. The authors studied the popular literature on “great” performing companies and came to their own, … [ Read more ]

Content: Article | Authors: Andrew D. Henderson, Michael E. Raynor, Mumtaz Ahmed | Source: Ivey Business Journal | Subject: Best Practices

Some companies excel at generating ideas for new products. Other companies are good at rapidly bringing new products to market or staying within budget. However, only product development masters do all of these things well. Referring to new research, Accenture discusses product development mastery and the rewards that mastery often engenders.

Content: Article | Source: Accenture | Subject: Best Practices