F1 Professor Mark Jenkins Mark Jenkins is the Professor of Business Strategy at Cranfield School of Management. He has spent time studying Formula One, trying to understand what creates great performance. I’m a bit sceptical of people who study “great” organisations. The genre leading books In Search of Excellence and Good to Great have both […]
Cigarettes and Alcohol
Prohibition Noun: The act of forbidding something, especially by law In 1919 the US government attempted to reduce levels of alcohol consumption. They passed legislation that prohibited its production, transportation and sale. The ban was almost complete, bar a few exceptions for religious and medical use. During the 1920’s the U.S government spent about $220m […]
Why Companies Die
The Entrepreneur: A person who takes direct responsibility for turning an idea into a profitable new product or service. The Intrapreneur: An employee who takes direct responsibility for turning an idea into a profitable new product or service. Spot the difference? Is this the same job? There is only a vowel between them after all […]
Decisions, Information and the Perfect Organisation
Flawless Decision Making We believe in the perfect organisation. It works a little bit like this: There is a charismatic, wise and intelligent leader, who makes all the crucial decisions. A clear hierarchy supports the leader, with defined roles and responsibilities. Data passes up through that hierarchy, providing the leaders with perfect information. Everybody acts with […]
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