Wednesday, April 11, 2007

Can Mangment Theory Help In Winning Boat Race?

Can voguish management theory help to win a venerable race?


CAMBRIDGE UNIVERSITY'S “blue boat”, which faces its Oxford rival in the 153rd boat race on April 7th, glides past the browns and greys of the East Anglian fenland. The oars cup and spill the water, leaving eight evenly spaced dimples in the river behind them. Two catamarans track the boat's progress. In the first, Duncan Holland, the coach, looks for flaws in the rowers' technique. In the second sits a less congruous figure: Mark de Rond, a management theorist from Cambridge's Judge Business School. He thinks this time-honoured contest holds lessons for business today.

As in any company, the members of the boat club are torn between competition and co-operation. Colleagues vie with each other for preferment, yet must collaborate closely to fend off competition from without. To win a seat in the blue boat a rower must outshine his clubmates; but to go fast, rowers must synchronise their efforts with the same people they are trying to outdo.
Read more:http://economist.com/business/displaystory.cfm?story_id=8931858

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Starting New Business,Don't Worry

I will be starting my own business in a few months. What advice would you give me as a new business owner to help me maximize productivity?
Read More:http://www.usatoday.com/money/smallbusiness/columnist/edmunds/2007-04-03-time_N.htm

Why Some Ideas Survive?

In their new book Made to Stick: Why Some Ideas Survive and Others Die, the Heath brothers — Chip Heath, a professor of organizational behavior at Stanford and Dan Heath, a consultant at Duke Corporate Education — isolate and elaborate on six principles for helping ideas succeed. In other words, what makes an idea "sticky"?

Principle 1: Simplicity. How do we find the essential core of our ideas?

Principle 2: Unexpectedness. How do we get our audience to pay attention to our ideas, and how do we maintain their interest when we need time to get the ideas across?

Principle 3: Concreteness. How do we make our ideas clear?

Principle 4: Credibility. How do we make people believe our ideas?

Principle 5: Emotions. How do we get people to care about our ideas?

Principle 6: Stories. How do we get people to act on our ideas?
Read More:http://www.cioinsight.com/article2/0,1540,2109249,00.asp

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