Organizational design is a step-by-step methodology which identifies dysfunctional aspects of work flow, procedures, structures and systems, realigns them to fit current business realities/goals and then develops plans to implement the new changes. The process focuses on improving both the technical and people side of the business.
Western firms are in the process of reconsidering their global footprints. For the past few decades, Western companies have been employing offshoring strategies. These processes saw companies making huge savings financially by moving work and jobs to other countries where wages were significantly lower. This has proven extremely effective, until now. The manufacturing game is…
The Economist looks at the significance of two of the most popular words in the business lexicon: Global and leadership. When you put these two words together, it has great potential to draw multitudes of people together. One such conflagration happened recently at Davos, a Swiss ski resort, where some 50 heads of state and…
The Economist dives deep into the old Holy Roman Empire and the special significance it holds today for the European union. Not arguably, quite a lot had transpired by the time Ferdinand left for Vienna, with 164 ships floating down the Danube. Precisely what that was, however, has been a matter of passionate dispute among historians ever…
The Economist reports on a European mega-merger gone wrong between Britain’s BAE Systems and EADS, the Franco-German owner of Airbus. More than a bitter blow to the two companies, their proposed blooper of a €38 billion merger also dismantles hopes for the emergence of a more integrated European defence and aerospace industry. Although the intended merger would…
Narconomics = Narcotics + Economics. A term denoted to convey possible management lessons learned from Mexico’s drug lords. For a country with an economy brought to its knees in 2009, it should be surprising to learn that Mexico still houses 11 billionaires. Well, perhaps not too surprising in the light of their thriving drug trade…
Recently, French President Francois Hollande and German Chancellor Angela Merkel began to forge a closer relationship than many expected. According to Reuters’ findings, the two leaders met discreetly in Paris to have a lengthy one-on-one discussion. As for the purpose of the meeting, sources mean that Merkel sought Hollande’s buy-in for bold steps towards greater political…
