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Monthly Archives: November 2013
Essays on Management: Self-management
“Dreams come true if you want them to, and if you want them to it is up to you.” The lightning tree Self-management can underpin a high degree of self-realisation and self-determination in a job. It requires the ability to … Continue reading
Essays on Management: Top level remuneration
Remuneration should in theory reflect people’s marginal productivity and their reservation wage – the price that needs to be paid for them to enter the labour market. Top managerial people may be more productive, however the marginal value of an … Continue reading
Essays on Management: Who should be appointed to top management roles?
Proverbs that survive do so because they are forever truthful. “Fish go rotten from the head”, “the bottleneck is at the head of the bottle”, and “trees die from the top” tell us that throughout history top management determines an … Continue reading
Essays on Management: Focus on external results
When someone is asked who they work for they commonly give their organisation’s or manager’s name. This risks a focus on internal processes, personalities and how things are done rather than why they are done and in whose interests. All … Continue reading
Essays on Management: Organisational mission and purpose
Organisations need to define their core mission and purpose and only then can they define what products or services they can provide and what competencies they need to develop to do so. To define an organisation’s purpose requires answers to … Continue reading
Essays on management: Organisational responsibility for wider things
Organisations as well as individuals have obligations as well as rights and need to be held responsible for their impacts on others. For businesses to be self-determining they need an autonomous sense of identity and purpose, competencies to contribute to … Continue reading
Essays on management: Leadership, strategic planning, and countering short-termism
Effective organisations need leaders as well as managers. Leaders give direction while managers implement. Leaders without managers can direct rhetorically and yet fail to embed in operational practice and to execute. Strategic leadership requires capability as well as aspiration and … Continue reading
Essays on Management: How will jobs and working life change in future?
More people in developed countries are tertiary-educated, however as the supply of any commodity grows its market value drops. So far expansion in educational output volumes has not been associated with huge productivity gains and cost savings in its delivery. … Continue reading
Posted in Essays on Management
Tagged Change, Future, Jobs, Management, Working life changes
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Essays on Management: Measurement, systemisation and avoiding transaction costs
What you need to manage you should try to measure. This measurement can be anything from consumption of photocopy paper, personnel costs as a percentage of total costs, economic added value, right through to higher level outcomes. Measures should focus … Continue reading
Posted in Essays on Management
Tagged Analysis, Assessment, Evaluation, Inputs, Management, Measurement, Organisation, Organisations, Organizations, Outcomes, Productivity
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Essays on Management: Creating competitive advantage
Managing organisations means marshalling resources to deliver value to those external to the organisation and from this creating competitive advantage. There is no standard formula for this. Much business competitive advantage is akin to a Ricardian opportunity cost story. Competitive … Continue reading
Posted in Essays on Management
Tagged Business, Business model, Competition, Competitive advantage, Growth, Management, Organisations, Organizations, Resources, Strategy
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Peter Winsley 