Binding: Digital Format: Download: PDF Label: Harvard Business Review Manufacturer: Harvard Business Review Number Of Pages: 15 Publication Date: February 01, 2000 Publisher: Harvard Business Review Release Date: October 25, 2008 Sales Rank: 630403 Studio: Harvard Business Review
Product DescriptionMost executives have a big, hairy, audacious goal. They write vision statements, formalize procedures, and develop complicated incentive programs--all in pursuit of that goal. In other words, with the best of intentions, they install layers of stultifying bureaucracy. But it doesn't have to be that way. In this article, Jim Collins introduces the catalytic mechanism, a simple yet powerful managerial tool that helps translate lofty aspirations into concrete reality. What's the difference between catalytic mechanisms and most traditional managerial controls? Catalytic mechanisms share five characteristics. First, they produce desired results in unpredictable ways. Second, they distribute power for the benefit of the overall system, often to the discomfort of those who traditionally hold power. Third, catalytic mechanisms have teeth. Fourth, they eject 'viruses'--those people who don't share the company's core values. Finally, they produce an ongoing effect.
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Jim Collins operates a management research laboratory in Boulder, Colorado. Together with Jerry I. Porras he wrote the bestseller 'Built to Last' (1994), which he later followed-up with super-bestseller 'Good to Great' (2001). This article was published in the July-August 1999 issue of the Harvard Business Review.
Most executives have a big, hairy, audacious goal (BHAG). So what is a BHAG? It has a long time frame (10-30 years or more); it is clear, compelling, and easy to grasp; and it ... Read More
Rating: - gd buk
its a very informative book and good if your into that sort of thing.
- Use catalytic mechanisms to build a company's wildest dreams
- gd buk
