Monthly Archives: November 2011

Meritocracy isn’t Democracy by Jim Whitehurst, CEO of RedHat

Interesting 6min video interview during which Jim Whitehurst, CEO of RedHat, explains what “Collaboration” means to RedHat employees from Top to Bottom:

http://www.managementexchange.com/video/jim-whitehurst-how-do-you-cultivate-trust

 

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Strategy under uncertainty – McKinsey Quarterly – Strategy – Strategic Thinking

Strategy under uncertainty – McKinsey Quarterly – Strategy – Strategic Thinking.

This “must read” article was first published in June 2000 by McKinsey. However, it has never been so timely to give a second look at it. By reading it, you will discover:

  • The 4 levels of uncertainty:
  1. A clear enough future
  2. Alternative futures
  3. A range of futures
  4. True ambiguity
  • The 3 Possible strategic postures to respond to the 4 levels of uncertainty:
  1. Adapting
  2. Shaping
  3. Reserving the right to play
  • and finally the 3 possible strategic actions:
  1. Big bets (used by Shapers)
  2. Options (used by companies reserving their right to play)
  3. No-regret moves (will pay off, no matter what)

Daniel Kahneman on behavioral economics – McKinsey Quarterly – Organization – Strategic Organization

Daniel Kahneman on behavioral economics – McKinsey Quarterly – Organization – Strategic Organization.

Here is a great 17min-long video interview during which you will learn:

  • To run a pre-mortem analysis to strengthen your company (or team or project) decision making processes
  • What Anchoring is and why it is important to know that it exists
  • That people love to discuss at length about what they are in violent agreement on already 😀