How To Put Value in VBM

What to do when your share price flounders? The tool of choice for many companies is a value-based management (VBM) program tying an economic profit metric to compensation. The problem: Results have been mediocre.

Team-Building

An interesting look at teams, including a detailed list of needs of both team members and the team as an entity. Also offers a “FAMILY VALUES” acronym:
F – FOCUSED
A – ADAPTIVE
M – MISSION-ORIENTED
I – INVOLVED
L – LED
Y – YOUTHFUL

V – VALUE-ORIENTED
A – ASSESSED
L – LINKED
U – UNIFIED
E – EMPOWERED
S – SATISFIED … [ Read more ]

Mark Josephson

About.com Sr. Vice President

Sage Advice

Peter Drucker, the foremost business thinker of our age tells what is wrong (and right) with the New Economy.

Driven: How Human Nature Shapes Organizations

In this first look at a new book, HBS professors Paul Lawrence and Nitin Nohria explore how human nature shapes business organizations. Does your organization reflect the four basic human drives (acquiring, bonding, learning, and defending)? Plus: Q&A.

Peter Keen

noted professor, prolific writer, and celebrated consultant for his own Keen Innovations

Charles Albano

ADAPTIVE LEADERSHIP

A well-led organization
Will collectively adapt,
Reflect on its performance
And pursue a conscious tact.

Study its environment-
Patterns, changes, trends,
Change its paradigm
Well before it ends.

Map competitive forces,
Shape tactics on the ground,
Stay abreast of changing needs
And fill them fast when found.

Build a flexible strategy,
Loose enough to accommodate,
Listen to the work force,
Let innovation percolate.

Base tomorrow’s success
On needed competencies,
Build collective strength,
Weed vulnerabilties.

Project tomorrow’s vision
Backed up by solid goals,
Empower all its players
With … [ Read more ]

Behind the WebCam: Effective Leaders of the Virtual Pack

Inter-organisational alliances, flatter organisational structures and globalisation are all forcing businesses to adapt to manage activities that span geographical and organisational boundaries. It’s the age of a new kind of ‘virtual’ knowledge worker. The authors of this article ask what factors contribute to effective leadership in virtual team environments. They assembled thirteen culturally diverse global teams from locations in Europe, Mexico and the US, … [ Read more ]

Taina Savolainen

Taina Savolainen, one of Finland’s leading experts in quality management, was recently nominated Professor of Organization and Management at the University of Jyväskylä, School of Business and Economics. Previously she held the positions of Professor of Quality Management at Helsinki University of Technology, Lahti Center and the University of Oulu, Faculty of Economics and Industrial Management.

Is Your Company In Synch?

How do you build broad customer relationships when your company is partitioned by product lines, business units, and geography? This Harvard Business Review excerpt urges you to take a tip from your Palm PDA and synchronize.

Getting Along: The Factors of Social Capital

Economics predict that people will act selfishly, yet experiments and real-life experience show that altruism and cooperation towards a public good are always possible. Professors Rafael Rob and Peter Zemsky study how social capital (the cooperativeness of the workforce) can be increased by balancing incentives with the experience of prior cooperation in the workforce.

Think local, organize . . . ?

New evidence suggests that the most popular routes to global success are not always reliable.

Note: written in 1993 so the early part of the article is not of much value – read on toward the bottom for useful tidbits, namely the 11 traits correlated with high performance in international markets

David Hume (Scottish philosopher)

Truth springs from arguments amongst friends.

Lorne Lieberman

Founder and CEO of Barewalls.com, “the most comprehensive website and resource for art prints and posters; framed and unframed on the Internet”

What You Don’t Know About Making Decisions

As you weigh the options for your company’s next step, how do you decide which way to turn? HBS professors David A. Garvin and Michael A. Roberto offer some tips in this excerpt from Harvard Business Review.

Wharton on Making Decisions

Jim Collins

Good is the enemy of great. That’s why so few things become great.

The Welch Legacy: Creative Destruction

“Corporations are built on the assumption of continuity; hence their focus is on operations. Capital markets are built on the assumption of discontinuity; their focus is on creation and destruction. This is the central contradiction of the life of a corporation: It cannot succeed without excellent operations, but it will fail if it focuses primarily on operations. Corporations are afflicted with the survivor’s curse: Most … [ Read more ]