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26 Mar 09

The Strategic Advantage of Global Process and Practice Networks - The Big Shift - HarvardBusiness.org

It goes without saying that no matter how much talent a company might have, there are many more talented people working outside its boundaries. Yet all too many companies focus solely on acquiring talent, on bringing talent inside the firm. Why not access talent wherever it resides?

Some might say there's no way of doing so without sharply increasing the cost of complexity. New institutional practices can reduce these costs, however, as companies become:

blogs.harvardbusiness.org/...trategic-advantage-of-glo.html - Preview

talentmanagement talentnetworks talents transactions relations silos organization practicenetworks networks process

• Less transactional and more relational.

• Less "hardwired" and more "loosely coupled."

• Less focused on merely accessing external capabilities and more focused on rapid capability building for every participant.

• Less focused on the firm and internal silos and more supportive of richer cross-enterprise interactions and collaborations among workers.
Companies must also participate in (and sometimes orchestrate) new organizational forms and structures called global process and practice networks.
3 more annotations...
- Rather than providing designers with detailed product blueprints, assemblers supply them with rough sketches accompanied by tightly specified performance requirements.
- Global practice networks, by contrast, are even looser forms of collaboration that involve participants from similar skill areas working on common performance issues. Global practice networks are emerging in such diverse areas as open source software and extreme sports.
- First, organize the right environments to generate productive friction. In part, this requires:
  
  1. Bringing together people with diverse experiences.
  
  2. Investing the time required for them to develop shared understanding.
  
  3. Defining aggressive performance requirements.
  
  4. Providing employees with tools that help them negotiate the most promising approaches for achieving results.
  
  5. Specifying action points that force participants to produce a solution meeting the performance requirements within a certain period of time.

26 Sep 08

10 Keys to Changing Business?

There is an old saying, “if you stay in this world you will never learn another one.” Learning the dynamics, the art and the science of the new world created by the social web is one of the foremost challenges for businesses.

Current business theories are correct in their own world, but the problem is that the theory may not make contact with the new world.

For businesses to succeed in the new world a transformation in leadership thinking will be required.

linktosocialutions.com/?p=397 - Preview

organization change humanresources socialnetworks innovation relationship relations empowerment