What Really Works: The 4+2 Formula For Sustained Business Success by William Joyce & Nitin Nohria & Bruce Roberson

Author:William Joyce & Nitin Nohria & Bruce Roberson [Joyce, William]
Language: eng
Format: mobi
ISBN: 9780062036742
Publisher: HarperCollins
Published: 2011-07-26T04:00:00+00:00

Eliminate redundant organizational layers

and bureaucratic structures and behaviors.

Simplify, simplify, simplify.

Simplifying the structure of a company yields many benefits, not least the ability to make decisions rapidly. Too often, promising ideas get hung up in bureaucratic traffic, slowly inching their way from desk to desk. By the time the idea is approved, the opportunity may have passed, or been seized upon by a competitor.

Winners consider ideas speedily, setting reasonable limits to deliberations. They are able to do so, as the Evergreen survey research showed, because they have kept the layers of bureaucracy to a minimum.

There is an added advantage to maintaining a trim, fast-decision structure. Because these companies have not invested so much time and management energy committing to an idea, they have an easier time reversing course if necessary. When a decision carries a heavy bureaucratic freight, there is a tendency toward what has been called “escalating commitment to a course of action,” and that can all too easily lead to a tumble.

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