Accelerate! (new management systems to replace traditional hierarchies and managerial processes in companies)

Citation

(2013), "Accelerate! (new management systems to replace traditional hierarchies and managerial processes in companies)", Human Resource Management International Digest, Vol. 21 No. 2. https://doi.org/10.1108/hrmid.2013.04421baa.006

Accelerate! (new management systems to replace traditional hierarchies and managerial processes in companies)

Article Type: Abstracts From: Human Resource Management International Digest, Volume 21, Issue 2

Kotter J.P. Harvard Business Review (USA), November 2012, Vol. 90 No. 11, Start page: 45, No. of pages: 11

Argues that the traditional hierarchies and managerial processes in companies make up components of the company’s operating system for handling the daily demands of running the enterprise. Suggests that such operating systems are rarely equipped to identify important hazards quickly, formulate creative strategic initiatives nimbly and implement them speedily. Claims that the old ways of setting and implementing strategy are failing companies, in part because they can no longer keep up with the pace of change. Records that organizational leaders are torn between trying to stay ahead of increasingly fierce competition and needing to deliver the current year’s results. Offers a second system, based on an agile, network-like structure, that operates in concert with the first to create a dual operating system. Concludes that, in such a system, the hierarchy can hand off the pursuit of big strategic initiatives to the strategy network, freeing itself to focus on incremental changes to improve efficiency, while the network is populated by employees from all levels of the organization, giving it organizational knowledge, relationships, credibility and influence. ISSN: 0017-8012 Reference: 41AY856

Keywords: Management techniques, Management science, Management philosophy, Organizations, United States of America