Given the choice, when would you rather discover that your business strategy is unrealizable: After the fact or while the plan is still on the drawing board? The answer is obvious, of course. Yet a surprising number of executives fail to follow through on its logic. By closing their eyes to the benefits of long-range […]| Harvard Business Review
A survey of more than 7000 HBR readers shows the extent and consequences of bureaucracy in their organizations. “Bureaucratic drag” slows work down, wastes time, stifles innovation, and causes employees to focus too much on internal matters rather than their customers. Not surprisingly, the problem is much worse in larger companies. And it seems to be increasing over time.| Harvard Business Review
Excess of bureaucracy costs the U.S. economy more than $3 trillion in lost economic output per year. To dismantle bureaucracy, then, the first step is to be honest about how much it’s costing your organization. These costs fall into seven categories: Bloat, Friction, Insularity, Disempowerment, Risk Aversion, Inertia, Politics. This assessment will help you determine where your organization on each of these measures.| Harvard Business Review
And productivity is suffering.| Harvard Business Review