Management Articles

Source: Knoweldge@Wharton | Boston Consulting Group (BCG)
Read this article: http://www.bcg.com/public…_Supply_Chain_Sep2006.pdf

Published jointly by BCG’s Operations practice and The Wharton School, the report is the first in a four-part series exploring various operations topics. It features thinking from many BCG experts as it explores several different aspects of this important topic for our clients. It includes articles about developing the optimal supply chain, coordination and collaboration, flexibility and enterprise systems.

No Comments » Posted by Administrator / Operations

Source: Gallup Management Journal
Read this article: http://gmj.gallup.com/con…lities.aspx?version=print

A Cornell psychologist explains why it’s almost impossible to judge your own competence — and how to overcome the blind spots.

No Comments » Posted by Administrator / Market Research and Public Relations

Source: strategy+business
Read this article: http://www.strategy-busin…ress/article/07414?pg=all

Leadership transitions are complex. Exchanges of responsibilities contain any number of challenges, primarily because they happen in real time with no pause in the or­ganization’s activities. The exiting executive is in the best position to direct events so that newcomers can avoid the usual “perfect storm” of tests: an overly stimulated imperative to jump into the job with both feet, ready for action; a sense that the appointment carries a change mandate; and an insufficient appreciation of company challenges, culture, and constraints.

Indeed, the last 90 days of the outgoing executive’s tenure may be as critical to a successful transition as the first 90 days are for a newcomer. Yet the norm all too often calls for a “clean break” between the outgoing and incoming executive. Our research suggests, however, that a productive exchange between the two executives can significantly diminish the factors that may derail the successor’s performance.

No Comments » Posted by Administrator / Amusement / Leisure and International - Middle East and Management and Trends / Analysis

Source: STERNbusiness (NYU)
Read this article: http://w4.stern.nyu.edu/s…ness/fall_2007/guide.html

An investigation shows that investors suffer when firms stop giving quarterly earnings guidance.

No Comments » Posted by Administrator / Finance and Market/Investment

Source: FASB | CFO.com
Read this article: http://www.cfo.com/articl…m/10551697?f=AlsoOn020208

Now open to public scrutiny, FASB’s codification tool is a one-stop shop for both accounting experts and newbies.

No Comments » Posted by Administrator / Finance and Personal Improvement

Source: Oliver Wyman
Read this article: http://www.oliverwyman.co…amwork_at_the_Top_INS.pdf

Today’s CEOs are increasingly relying on executive teams, which raises some important questions: How do you transform a collection of individuals into a highly functioning team? What makes an executive team so different from the countless other teams that populate every organization? What kinds of work should the team concentrate on? And what role should the CEO play, as both team leader and participant? Executive teams never succeed by accident. In the end, a CEO’s leadership is what makes the difference.

No Comments » Posted by Administrator / Amusement / Leisure and Management

Source: BNET
Read this article: http://www.bnet.com/2403-13059_23-185153.html

It’s a scenario every top manager knows well: The organization needs to move quickly toward a new, mission-critical objective, and it’s up to him or her to draft and manage the right team of go-getters to lead the effort.

Yet many team leaders never hit their goals – not because they lack talent on their staffs, but because they’re naive to the complexities of team dynamics. Smart managers understand what type of group model best suits the task, what key skills to look for (and which to avoid), and how to coax top performances from everyone starting from day one.

No Comments » Posted by Administrator / Market Research

Source: The McKinsey Quarterly
Read this article: http://www.mckinseyquarterly.com/links/23867

Juggling thousands or even millions of price points calls for common systems, greater transparency in performance, and an organizational balance between centralization and decentralization.

No Comments » Posted by Administrator / Marketing / Sales

Source: SSRN
Read this article: http://papers.ssrn.com/so…rs.cfm?abstract_id=327880

Behavioral finance argues that some financial phenomena can plausibly be understood using models in which some agents are not fully rational. The field has two building blocks: limits to arbitrage, which argues that it can be difficult for rational traders to undo the dislocations caused by less rational traders; and psychology, which catalogues the kinds of deviations from full rationality we might expect to see. We discuss these two topics, and then present a number of behavioral finance applications: to the aggregate stock market, to the cross-section of average returns, to individual trading behavior, and to corporate finance. We close by assessing progress in the field and speculating about its future course.

No Comments » Posted by Administrator / Finance

Source: Graziadio Business Report
Read this article: http://gbr.pepperdine.edu/011/performance.html

Activity without direction or purpose is simply motion. No more. No less. Traditional job descriptions focus on activity. It is far better to throw out your activity-based job descriptions and replace them with performance profiles that focus on results - not activity.

No Comments » Posted by Administrator / Management