Management processes often contain subtle biases that favor continuity over change. Planning processes reinforce out-of-date views of customers and competitors, for instance; budgeting processes make it difficult for speculative ideas to get seed funding; incentive systems provide larger rewards for caretaker managers than for internal entrepreneurs; measurement systems understate the value of creating new strategic options; and recruitment processes overvalue analytical skills and undervalue conceptual skills. While continuity is important, these subtle, baked-in preferences for the status quo must be exposed, examined, and, if necessary, excised.
Content: Quotation
Author: Gary Hamel
Source: Harvard Business Review
Subjects: Management, Organizational Behavior, Process
Author: Gary Hamel
Source: Harvard Business Review
Subjects: Management, Organizational Behavior, Process
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