Oliver Bossert, Alena Kretzberg and Jürgen Laartz from two of McKinsey and Associate’s offices in Germany put together a useful read about how to engage agile teams in the workforce-namely through “driving ambition, removing red tape, and helping managers adjust to the new norm.”
Not unlike the tale of the emperor who was a bit self involved and hired two swindlers to make a outfit of the finest caliber but who, in reality, makes an “invisible” outfit, some companies get caught in a similar situation by hiring expertise that makes no sense to their firm—or worse yet, don’t seem to see how an outdated business model, change in the market or even how unethical practices may cause the organization much harm. Read more.
In an era where directions change quickly and many businesses need to be fleet footed, does the formal approach to strategic planning still apply? How do companies that have a decent strategic planning process fare in terms of effectiveness against those that don’t have a plan or don’t have a process for working their plan? Read more.
Ever wonder what management tools are used most in business? Bain & Company provides a top 10 list of candidates year over year.