Why do we need to spend our working lives in organizations that are hierarchical and autocratic, when the societies that we live in are free and … [Read more...]
Defining roles, accountability and governance
In this series of posts I describe how to define the high level architecture and governance model of an organization, as well as individual level roles and accountabilities.
Three tier management (Video – 4 of 5)
In my previous video, I discussed the horizontal structure of organizations, and more specifically, how we can ensure that the boundaries between … [Read more...]
Are corporate governance principles based on a flawed theory? Q&A with professor Loizos Heracleous
During the last few years, many large firms have been busy … [Read more...]
When can you decentralize, and when do you need to centralize decision rights? Conversation with Professor Nicholas Argyres (Part 2)
Finding the right balance between centralization and decentralization is a key challenge for leaders of large firms. If you centralize, you slow … [Read more...]
How firms “learn to contract” – Conversation with Professor Nicholas Argyres (Part 1)
An organization is a “nexus of contracts”. Every employee has an employment contract. Then there are contracts with suppliers, partners, and … [Read more...]