Open AccessJournal Article
Moon shots for management.
TLDR
25 "moon shots"--ambitious goals that managers should strive to achieve and in the process create Management 2.0 are outlined, to inspire new solutions to long-simmering problems by making every company as genuinely human as the people who work there.Abstract:
In May 2008, a group of management scholars and senior executives worked to define an agenda for management during the next 100 years. The so-called renegade brigade, led by Gary Hamel, included academics, such as C.K. Prahalad, Peter Senge, and Jeffrey Pfeffer; new-age thinkers, like James Surowiecki; and progressive CEOs, such as Whole Foods' John Mackey, W.L. Gore's Terri Kelly, and IDEO's Tim Brown. What drew them together was a set of shared beliefs about the importance of management and a sense of urgency about reinventing it for a new era. The group's first task was to compile a roster of challenges that would focus the energies of management innovators around the world. Accordingly, in this article, Hamel (who has set up the Management Lab, a research organization devoted to management innovation) outlines 25 "moon shots"--ambitious goals that managers should strive to achieve and in the process create Management 2.0. Topping the list is the imperative of extending management's responsibilities beyond just creating shareholder value. To do so will require both reconstructing the field's philosophical foundations so that work serves a higher purpose and fully embedding the ideas of community and citizenship into organizations. A number of challenges focus on ameliorating the toxic effects of hierarchy. Others focus on better ways to unleash creativity and capitalize on employees' passions. Still others seek to transcend the limitations of traditional patterns of management thinking. Not all the moon shots are new, but many tackle issues that are endemic in large organizations. Their purpose is to inspire new solutions to long-simmering problems by making every company as genuinely human as the people who work there.read more
Citations
More filters
Journal ArticleDOI
The development of SME managerial practice for effective performance management
TL;DR: In this article, the authors investigate the gap between theory and practice in performance management in small and medium-sized enterprises (SMEs) and analyse it in the light of specific SME characteristics and needs, to identify how SMEs can develop their managerial practice for effective performance management.
Posted Content
Exploration and Exploitation Strategies, Profit Performance, and the Mediating Role of Strategic Learning: Escaping the Exploitation Trap
TL;DR: In this article, the role of strategic learning as a mediating construct between opportunity-seeking (exploration) and advantage-seeking strategies and profit performance is discussed. And the authors suggest that strategic learning effectively allows both types of strategies to improve profit performance.
Journal ArticleDOI
Patient Safety in the Cardiac Operating Room: Human Factors and Teamwork A Scientific Statement From the American Heart Association
Joyce A. Wahr,Richard L. Prager,James H. Abernathy,Elizabeth A. Martinez,Eduardo Salas,Patricia C. Seifert,Robert C Groom,Bruce D. Spiess,Bruce E. Searles,Thoralf M. Sundt,Juan A. Sanchez,Scott A. Shappell,Michael H. Culig,Elizabeth H. Lazzara,David C. Fitzgerald,Vinod H. Thourani,Pirooz Eghtesady,John S. Ikonomidis,Michael R. England,Frank W. Sellke,Nancy A. Nussmeier +20 more
TL;DR: ElBardissi et al. as discussed by the authors showed that coronary artery bypass graft (CABG) operations can significantly reduce the mortality and morbidity for patients undergoing CABG surgery.
Journal ArticleDOI
From autonomous strategic behavior to emergent strategy
Laurent Mirabeau,Steve Maguire +1 more
TL;DR: The study theorizes the role of �practices of strategy articulation� in emergent strategy formation, and explains why some autonomous strategic behavior becomes �ephemeral� and disappears rather than enduring to becomeEmergent strategy.
Journal ArticleDOI
Exploration and exploitation strategies, profit performance, and the mediating role of strategic learning: Escaping the exploitation trap
TL;DR: In this paper, the role of strategic learning as a mediating construct between opportunity-seeking (exploration) and advantage-seeking strategies and profit performance is discussed. And the authors suggest that strategic learning effectively allows both types of strategies to improve profit performance.
Related Papers (5)
The Knowledge-Creating Company: How Japanese Companies Create the Dynamics of Innovation
Ikujiro Nonaka,Hirotaka Takeuchi +1 more