Harvard Business Review

Jack Welch’s Approach to Breaking Down Silos Still Works

Working across organizational boundaries was a new way of thinking 25 years ago —one that was largely championed by the then CEO of GE, Jack Welch. Fast forward to today, and we live in a different world where our communications technologies have dramatically improved. Nevertheless, many organizations still have hierarchical, siloed, and fragmented processes and cultures, and…

The Economist Logo

Fixing the German dynamo

The Economist reports how Joe Kaeser is transforming Siemens’s structure, but changing its culture will be significantly harder. Mr Kaeser is hoping to remake Siemens, to become more than what its current definition spells in a word: electrification. After electrification, he would like to add two more words: automation and digitisation. The engineering giant is to focus…

Finding the “Truth” in Your Operations

We often hear about “one version of the truth”—the one source for operating data that everyone in a company agrees is the real, trusted number with which to plan and measure performance. Without this definitive information, people spend a lot of time arguing about the validity of numbers, the impact of a challenge or opportunity, and…

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Fighting the flab: The slimming down of corporate extravagance

Metaphorically speaking, the Economist suggests that corporate headquarters have put on weight, and need to slim down again. Literally speaking, PepsiCo, for example, began a $243m upgrade of their complex to make space for more staff. While a group called ‘the raiders of the 80’s’ were supposed to put an end to corporate extravagance and administrative bloat…