The complexity spiral

Posted by on Mar 15, 2011 in Managing complexity | 0 comments

A black hole for budget in innovative organizations? Although complexity is not really perceived as a sensational subject to write about, billions of Euros are sunk in the industry due to unnecessary complexity. It makes one wonder why this subject does not get more attention in many organizations despite the ongoing pressure on cost. It has lingered in organizations for decades and a lot of leaders complain about it; however, not many have really done a lot about it. If not managed carefully, a rather simple product portfolio can turn into a mess and suck a lot of energy...

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Complexity Management – how to maintain or create added value

Posted by on Feb 15, 2011 in Interviews, Managing complexity | 0 comments

Interview with Dr. Wolfgang Amann, Executive Director Executive Education, Goethe Business School Frankfurt Short biography: Dr. oec. (HSG) Wolfgang Amann learned his research skills at the Wharton School in Philadelphia and his executive education skills at IMD in Lausanne. After gathering experience in top management consulting, he has been marketing, designing, directing and delivering executive education seminars for a number of years. He directed in the past the Henley Center for Creative Destruction as well as the Henley Center of Excellence in Case Writing. He has also been Vice-Director of the Executive School at the University of St.Gallen where...

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Book Review: Managing Complexity in Global Organisations

Posted by on Feb 14, 2011 in Interesting reads | 0 comments

This book delivers new IMD insights on an emerging challenge – how to deal with overwhelming complexity. Global organizations face a complex decision-making environment. On one hand, diversity of cultures, customers, competitors and regulations create complexity. On the other, competitive pressures cause in growing countries to extract more synergies across products and regions. In such a climate, a new way of thinking, acting, and organizing is needed beyond the familiar control mindset. Drawing together insights from across the expert faculty, this book presents IMD’s framework on how to understand complexity and its four key drivers (diversity; interdependence; ambiguity and...

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