All Present and Correct in the Comfort Zone

“A new study by Bain & Company, the management consultants, has found that employment benefits, intended as a means of retaining loyalty, can also serve as something of a trap – for both employer and employee. The study found that companies are confused about the difference between commitment and endurance, and risk creating and rewarding a culture of presenteeism…researchers expected to find that workers with … [ Read more ]

Revolution Can Fail the People

“Managers tended to improve performance little by little, building towards a larger goal. Progress was slow and steady until the company reached a point where it could break away from its competitors. ‘Revolutionary results do not come through revolutionary processes,’ says Mr. James Collins (noted author). ‘Revolution can look as if it is delivering results in the short term – like steroids for an athlete … [ Read more ]

Warren Bennis

Managers do things right. Leaders do the right thing.

Financial Times > Management Gurus

Financial Times takes a look at a dozen or people widely recognized as management gurus. Hardly a comprehensive treatment (each individual is treated in a cursory fashion and the selection of people ignores many) but of use to those interested in these types of businesslumninaries.

How to win a mandate to lead

There are many models of effective leadership but all leaders must have a mandate from which to lead. Without this, their survival is at risk. The following checklist will help you establish your own mandate to lead and will be useful during times of uncertainty and change:

  • Recognize where you are operating beyond your formal authority.
  • Assess how compatible your working style is with that of

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Unlocking the Secrets of Business Innovation

Good managers make quick, sound and efficient decisions. However, they must be willing to accept ambiguity and uncertainty when dealing with creative product ideas, says Thomas Mannarelli.

Strategies for Recession

This article offers 9 suggestions for dealing with an economic downturn, and while some of them are specific to the current recession and war on terrorism, most are of general value.

Chartered director programme: certainly not a soft option

There are several senior positions you can hold without any formal qualifications – senior manager, parent and prime minister, for example. You can also be a company director without undergoing any real training. In the UK, however, a growing number of senior executives are submitting themselves to an exhausting and rigorous process which allows them to call themselves chartered directors. The Institute of Directors, which … [ Read more ]

Thomas Mannarelli

Traditional analytical models of decision-making, while appropriate for evaluating choices for which there are ample historical data, can often kill off creative ideas that might be extremely valuable.

when creative people are performing a task, if the extrinsic reasons for engaging in the task are more important than the intrinsic reasons, they will tend to perform less creatively. Outside factors encourage people to focus purely on … [ Read more ]

When the Gold Standard Lost Its Lustre

“Today gold is redundant; the bond market has replaced it as the ultimate restraint on central banks’ temptation to use monetary expansion as a short cut to prosperity. And, increasingly, inflation targets and institutions such as independent central banks create lastingly stable money. There are few certainties in international finance. But here is one: gold as part of the international monetary system is dead.” … [ Read more ]

Financial Times Interactive Rankings

Click on the Interactive Ranking table and sort by one of the many criteria used (e.g. alumni recommended, value for money, placement success, research rating, international students and faculty, international course content, women faculty, career placement, women students and faculty, etc.). Or click on the ‘FT MBA Survey’ in the related sites section at the bottom for a Top 10 breakdown in 16 categories. … [ Read more ]