Review of Moon Shots for Management Case Study

1205 Words Aug 14th, 2014 5 Pages
Moon Shots for Management by Gary Hamel

Summary:
Most of the fundamental breakthroughs in management (work flow design, annual budgeting, project management etc.) occurred in the early twentieth century by people like Frederick Taylor and Henry Ford. They had to solve the problems of efficiency and scale, and their solution was bureaucracy, with its hierarchical structure, cascading goals, precise role definitions, elaborate rules and procedures.
Managers today face a new set of problems caused by a volatile and unforgiving environment. For example: how to create organizations that are as adaptable as they are focused and efficient; or how can a company innovates quickly enough to stay relevant and profitable?
A group of
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7. Redefine the work of leadership. The notion of the leader as a heroic decision maker is untenable. Leaders must be recast as social-systems architects who enable innovation and collaboration.
8. Expand and exploit diversity. We must create a management system that values diversity, disagreement, and divergence as much as conformance, consensus, and cohesion.
9. Reinvent strategy making as an emergent process. In a turbulent world, strategy making must reflect the biological principles of variety, selection, and retention.
10. De-structure and disaggregate the organization. To become more adaptable and innovative, large entities must be disaggregated into smaller, more malleable units.
11. Dramatically reduce the pull of the past. Existing management systems often mindlessly reinforce the status quo. In the future, they must facilitate innovation and change.
12. Share the work of setting direction. To engender commitment, the responsibility for goal setting must be distributed through a process in which share of voice is a function of insight, not power.
13. Develop holistic performance measures. Existing performance metrics must be recast, since they give inadequate attention to the critical human capabilities that drive success in the creative economy.
14. Stretch executive time frame and perspectives. We need to discover alternatives to compensation and reward systems that encourage managers to sacrifice long-term