Article of the Week
How Intangible Corporate Culture Creates Tangible Profits (Fast Company)
Big Idea: David Lapin uses Southwest Airlines as a case study to explain how an intangible like culture is a source of competitive advantage and driver of tangible success. See the related post by Sarah Caldicott in Innovation Excellence on how the values of Gen Y will shape organizational culture in the future.
Editor’s Choice Articles
Organizing for an emerging world (McKinsey Quarterly)
Big Idea: The ability to align an organization effectively is challenged by the growing management complexity of globalized businesses. McKinsey addresses the key issues related to structure, processes, and network linkages that can either hinder or help support growth, better decision-making, and resource management. Any company, global or not, will benefit from these ideas.
Top 100+ management resources you need to know (Torbenrick Blog)
Big Idea: Need a starting point to drive organizational transformation and alignment? Torben Rick provides one hundred links to numerous change management and engagement topics to help get the process started or respond to specific issues.
Before You Take a Risk, Lay Out the Logic (HBR Blog Network)
Big Idea: Roger Martin, in a brief post, questions the value of risk management based on tracking standardized checklists of risk factors and fostering new cultural norms. Instead, he stresses the value of clarifying the outcomes and understanding the drivers of success for any major initiative. Down with checklists; up with driver-based strategy execution.
The Power of Counter-Balanced Measures (Corporater World)
Big Idea: Paul Niven explains how to address the problem of unintended consequences of performance measures. There’s more to “balance” than financial and non-financial measures in a well-executed scorecard.
Will Gen Y Deliver Body Blow to Fortune 500? (Innovation Excellence)