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The must-read summary of Lowell Bryan and Claudia Joyce's book "Mobilizing Minds: Creating Wealth from Talent in the 21st Century Organization".

This complete summary of the ideas from Lowell Bryan and Claudia Joyce's book "Mobilizing Minds" shows that a company's existing workforce is the key to its growth - not its technology, systems or any other assets. In their book, the authors explain that the central theme of your corporate strategy should be to redesign your organisation in order to better mobilise the mind power of the people who already work for you. This summary provides everything you need to design an organisation that can better capture the opportunities of the 21st century.

Added-value of this summary:
• Save time
• Understand key concepts
• Expand your knowledge

To learn more, read "Mobilizing Minds" and discover the key to structuring your organisation for future success.

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Seitenzahl: 33

Veröffentlichungsjahr: 2014

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Book Presentation: Mobilizing Minds by Lowell Bryan and Claudia Joyce

Book Abstract

About the Author

Important Note About This Ebook

Summary of Mobilizing Minds (Lowell Bryan and Claudia Joyce)

1. Manage better

2. Improve flow of intangibles

3. Motivate better behaviors

4. Organize more effectively

Book Presentation: Mobilizing Minds by Lowell Bryan and Claudia Joyce

Book Abstract

MAIN IDEA

Your existing workforce is the key to growing your business – not your technology, your systems or any of your other assets. To generate some real growth, find new and better ways to tap the underutilized talents, know-how and skills of your people. The central theme of your corporate strategy should be to redesign your organization so you can better mobilize the mind power of the people who already work for your organization. Dissolve all the barriers which have traditionally stopped this from happening and you will unleash some vast sources of new wealth.

To design an organization that can better capture the commercial opportunities of the 21st century:

“We believe that opportunities to create better organizations have never been greater. At stake are the opportunities to increase profit per employee and to increase the number of employees who can work profitably together. For a large company, the value of doing so can literally be in the tens of billions of dollars of increased market value. We believe that most companies will find it exceptionally rewarding to invest in designing and building organizations that better fit the digital age. Such an investment will usually represent the highest returns, relative to the costs and risks, as compared to almost any alternative investment. This is because high returns can be earned without making significant new investments of labor or capital.”

– Lowell Bryan and Claudia Joyce

About the Author

LOWELL BRYAN is a director and senior partner at McKinsey & Company. He has more than 30 years’ experience writing and speaking about strategy, organization and financial services. A number of Mr. Bryan’s editorial pieces have been published in The Wall Street Journal, the Harvard Business Review and the McKinsey Quarterly. He is the author or coauthor of several books including Race for the World: Strategies to Build a Great Global Firm.

CLAUDIA JOYCE is a graduate of Northwestern University and the University of Chicago. She is now a principal at McKinsey & Company and serves as a core member of the Financial Services and Strategy Practices.

The Web site for this book is atwww.mckinsey.com/ideas/books/Mobilizing/index.asp.

Important Note About This Ebook

This is a summary and not a critique or a review of the book. It does not offer judgment or opinion on the content of the book. This summary may not be organized chapter-wise but is an overview of the main ideas, viewpoints and arguments from the book as a whole. This means that the organization of this summary is not a representation of the book.

Summary of Mobilizing Minds (Lowell Bryan and Claudia Joyce)

1. Manage better

The most successful organizations of the 21st century will be better managed than their 20th century predecessors. They will remove complexity from their management structures by better distributing decision making authority. They will also combine best practices seamlessly to create a partnership at the top rather than a dictatorship. They will also be managed dynamically so they can seize upon emerging opportunities rather than statically or rigidly.

1. Build better business “backbones”

If you genuinely want enterprise-wide collaboration to occur, you first need to reduce unwanted complexity at the front lines of your business. At the present time, many organizations have an ambiguous management structure which lacks clear-cut directions about who is ultimately responsible for a decision to get made. If the management structure is too complex, it also becomes a hindrance to the organization taking action when new or novel commercial opportunities arise.

Thus, the 21st century organization requires a better business hierarchy. To build something better: