Decentralisation - why and how to make it work : the handelsbanken way

Decentralisation - why and how to make it work : the handelsbanken way PDF Author: Jan Wallander
Publisher:
ISBN: 9789171509109
Category :
Languages : en
Pages : 143

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Book Description

Decentralisation - why and how to make it work : the handelsbanken way

Decentralisation - why and how to make it work : the handelsbanken way PDF Author: Jan Wallander
Publisher:
ISBN: 9789171509109
Category :
Languages : en
Pages : 143

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Book Description


The Viable Map Workbook

The Viable Map Workbook PDF Author: Steve Morlidge et al
Publisher: Beyond Books Press
ISBN: 1739176715
Category : Business & Economics
Languages : en
Pages : 163

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Book Description
Beyond Budgeting is an idea that has been around for nearly two decades, and many members of the community have written books about the concepts and how to put them into practice. ​It has become clear, however, that companies attracted to these ideas have sometimes struggled to implement Beyond Budgeting, often because they have not understood the subtlety or the full implications of the ideas and how to execute change. In addition, those of us leading the Beyond Budgeting movement want to have the biggest impact on the world that we possibly can. And to do this we need to find a way to help as many people as possible to join us in putting these ideas into practice, without investing as much time and effort as we have getting to grips with them. ​The Viable Map is based on an idea that we have worked with for a number of years that helps people to describe their current management model in terms that made it easy for them to see what they needed to do to bring it into line with Beyond Budgeting principles. The original ideas have been improved and extended to create a methodology that helps managers and leaders to better understand Beyond Budgeting at a practical level, to describe their existing model, diagnose what is wrong with it and design a better one. ​The key idea in the book is that an organisation’s management model must be coherent, in other words be a good ‘fit’ both the nature of the environment in which it operates and the qualities of its people. ​Thus, its management processes (as defined by the Beyond Budgeting process principles) must be more adaptive when the environment is unpredictable and have a more devolved culture (as defined by the Beyond Budgeting leadership principles). The map itself is a simple grid upon which people can plot their Management Model and the book provides detailed guidance on how to do with with reference to typical practices and methods and how to help ensure coherence, in principle and in practice. It also describes typical ‘patterns’ to look out for, good and bad, and some real-life examples. In summary it will help people translate interest in Beyond Budgeting ideas into practical action and provides a methodology to help guide and coach companies through the transition.

Managing Risk and Uncertainty

Managing Risk and Uncertainty PDF Author: Richard Friberg
Publisher: MIT Press
ISBN: 026233156X
Category : Business & Economics
Languages : en
Pages : 395

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Book Description
A comprehensive framework for assessing strategies for managing risk and uncertainty, integrating theory and practice and synthesizing insights from many fields. This book offers a framework for making decisions under risk and uncertainty. Synthesizing research from economics, finance, decision theory, management, and other fields, the book provides a set of tools and a way of thinking that determines the relative merits of different strategies. It takes as its premise that we make better decisions if we use the whole toolkit of economics and related fields to inform our decision making. The text explores the distinction between risk and uncertainty and covers standard models of decision making under risk as well as more recent work on decision making under uncertainty, with a particular focus on strategic interaction. It also examines the implications of incomplete markets for managing under uncertainty. It presents four core strategies: a benchmark strategy (proceeding as if risk and uncertainty were low), a financial hedging strategy (valuable if there is much risk), an operational hedging strategy (valuable for conditions of much uncertainty), and a flexible strategy (valuable if there is much risk and/or uncertainty). The book then examines various aspects of these strategies in greater depth, building on empirical work in several different fields. Topics include price-setting, real options and Monte Carlo techniques, organizational structure, and behavioral biases. Many chapters include exercises and appendixes with additional material. The book can be used in graduate or advanced undergraduate courses in risk management, as a guide for researchers, or as a reference for management practitioners.

The Customer Copernicus

The Customer Copernicus PDF Author: Charlie Dawson
Publisher: Routledge
ISBN: 1000365034
Category : Business & Economics
Languages : en
Pages : 137

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Book Description
Some companies are great for customers – not only do they care but they change whole markets to work better for the customers they serve. Think of Amazon, easyJet and Sky. They make things easier and improve what really matters – obvious, surely? They have also enjoyed huge business success, growing and making plenty of money. The Customer Copernicus answers the question that follows – if it’s obvious and attractive why is it so rare? And then it answers a second question, because Tesco, O2 and Wells Fargo were like this once. Why, having mastered it, would you ever stop? Because all three did, and two ended up in court. The Customer Copernicus explains how to become and how to stay customer-led. Essential reading for leaders and teams who want their organisations to stay competitive by developing a more purposeful and innovative culture.

A Blueprint for Better Banking

A Blueprint for Better Banking PDF Author: Niels Kroner
Publisher: Harriman House Limited
ISBN: 1906659869
Category : Business & Economics
Languages : en
Pages : 218

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Book Description
'A Blueprint for Better Banking' takes a fresh look at the financial crisis. It sets out to answer specifically what the mistakes were that banks made and how this could have been avoided. What is unique about this book is a detailed description of a large bank that operates very differently from its peers and that has, as a result, steered clear of the areas that have brought many other banks into trouble. This provides a number of insights into how a more resilient, post-credit crunch banking system should look. The first section begins with an overview of existing explanations of the crisis and why they remain partly unsatisfactory. It then sets out an alternative framework based around seven behavioural patterns of imprudent banking. These 'Seven Deadly Sins' have caused most banking crises, including the current one, and while they come in different shapes and forms they remain essentially the same. This book examines why they remain extremely tempting to bankers, often with the enthusiastic support of their shareholders and no meaningful objection by regulators. The second and main part of the book is a new and extensive description of the management practices at Svenska Handelsbanken, one of the top 25 banks in Europe. It not only survived the Swedish banking crisis in the 1990s without asking for support, but it has also remained stable during the latest crisis. Handelsbanken did not have to raise capital or ask for government support and its shares have been the best performing European bank stock by a wide margin. The bank has traditionally been run by management practices that are diametrically opposed to so-called 'best practice' in the industry. The book investigates how Handelsbanken operates without bonuses and examines their unique organisation, strategy discussion, risk management and capital markets communication. In effect, the book describes how Handelsbanken ensures that it does not fall for any of the Seven Deadly Sins. Niels Kroner has conducted over fifty interviews with Handelsbanken executives and competitors, and also draws on his inside experience of many other institutions to bring out the important differences between the 'Handelsbanken way' and common practices at other banks. The final part summarises what other banks and financial institutions can learn from Handelsbanken and how its model may offer a solution that other potential regulatory changes may not.

The Principles of Agile Management

The Principles of Agile Management PDF Author: Ulla Sebestyén
Publisher: Parmatur HB
ISBN: 9151955326
Category : Business & Economics
Languages : en
Pages : 185

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Book Description
In this book, we go through the basic principles that every manager needs to understand in order to practice agile management. Changes are often small and seamless, but sometimes big and dramatic. Agility is to create, exploit and endure changes in circumstances. An agile business is able to successfully create effects in the market and take advantage of the opportunities that arise. In order to survive in the long term, both resilience and adaptability are needed. Being able to establish this balance is what agile management is all about. Major changes in the market are impossible to predict, but we know for sure that they will occur. We just don’t know when and what will change. Recessions and financial crashes return in cycles. While other dramatic world events are much more difficult to prepare for and realize the consequences of. So how can a company adopt the resilience it needs to not only survive, but also thrive in the tumultuous periods? In this book we will show how the principles of agile management can help companies keep pace with changes in the world around them. We start with basic knowledge about adaptation to explain how organizations work and then explores the principles behind agile management backed up with examples and useful methods and practices. The book also points out characteristics of an agile business that can be used for self-assessment. We believe in people’s initiative and their ability to act. With knowledge, curiosity and feedback, the journey towards the agile business can start.

The Routledge Companion to Performance Management and Control

The Routledge Companion to Performance Management and Control PDF Author: Elaine Harris
Publisher: Routledge
ISBN: 1317429931
Category : Business & Economics
Languages : en
Pages : 526

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Book Description
Performance management is key to the ongoing success of any organisation, allowing it to meet its strategic objectives by designing and implementing management control systems. This book goes beyond the usual discussion of performance management in accounting and finance, to consider strategic management, human behaviour and performance management in different countries and contexts. With a global mix of world-renowned researchers, this book systematically covers the what, the who, the where and the why of performance management and control (PMC) systems. A comprehensive, state-of-the-art collection edited by a leading expert in the field, this book is a vital resource for all scholars, students and researchers with an interest in business, management and accounting.

Agile Multi-Project Management

Agile Multi-Project Management PDF Author: Ulla Sebestyén
Publisher: Parmatur HB
ISBN: 9163924595
Category : Business & Economics
Languages : en
Pages : 157

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Book Description


Managerial Lives

Managerial Lives PDF Author: Stefan Sveningsson
Publisher: Cambridge University Press
ISBN: 1316589277
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
Organizations are often complex and unwieldy, and many managers have difficulty in combining ideals and positive identities with the complexities and imperfections of life. They are expected to be strategic and competent, while at the same time human and empathetic. This engaging book takes a fresh look at managerial work as experienced and understood by managers. It examines the central tenets of managerial life, such as the work expectations that managers have, the significance they assign to different activities, and the difficulties that they face. It also takes a wider view of working life by looking at subordination in the managerial context. The theoretical material is supported by in-depth interviews with thirteen managers from different organizations. This book will appeal to those with an interest in management, and in leadership and identity questions in modern working life.

Building High-Performance, High-Trust Organizations

Building High-Performance, High-Trust Organizations PDF Author: Gerrit Broekstra
Publisher: Springer
ISBN: 1137414723
Category : Business & Economics
Languages : en
Pages : 225

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Book Description
Some vanguard companies have evolved to a higher level of decentralization originating in the enabling-and-autonomy paradigm. A new kind of deep leadership is practiced by these spirit-driven organizations. This book brings together theory and case studies to cover historical origins and developments of both types of decentralization.