November 10, 2017

Management Theory and Practice - Bulletin Board - 2017

Engineering and Management News - A Daily Publication  - Management Principles and Propositions

HBR Business Blogs

November 2017

Transformations by New CEOs

Amoeba Management - Kazuo Inamori - Full Web Page on the topic with various links

27 August 2016

Why Companies Can’t Perceive Customer Insights and Can't Turn the limited Customer Insight into Growth

BCG Perspectives
16 August 2016

Many companies spend more time looking inward. Check in your next internal meeting, record on one sdie each mention of an internal topic, such as financial or operational performance, plans, metrics, organization, employees, or culture. On the other side, record each discussion of an external topic, related to competition such as technology, innovation, purpose, testing, social media conversations, or topics related to customer,  customers’ behaviors, needs, and wants. You will be surprised to see that internal topics dominate the external topics. Hence people spend more time in preparing for answering internal issues related questions and spend less time customers and competition.  This is not a good way of allocating top management and middle management resources. At each meeting, the priority area is to be decided and adequate time is to be given to that area. There has to be balance in various activities of the organisation. This principle was given by Henri Fayol way back in 1920s.

Values of Business Schools

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Updated 12 November 2017, 20 October 2016,  27 August 2016,  18 September 2015

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