Most organizations are split into different business divisions that all report to a corporate office. This office houses the CEOs and other corporate functions, such as HR, finance and IT. In recent years, these functions have often underperformed and corporate offices have failed to add value. Could the reason behind this be that CEOs do […]
Read More… from Four Ways CEOs Can Align Function Heads with Corporate Strategy
Rational and objective thinking is not the only influence on the decision-making process. Recognising this, the authors set out to research why good leaders often make flawed decisions, at times dragging their organizations down. According to them, finance managers play an important role, being “savvier” at managing rational thinking and the inevitable personal biases of […]
Read More… from Avoiding Flawed Decisions: A Finance Manager’s Role
Decision-making is at the heart of all leadership. Sometimes leaders make good decisions, but sometimes they make less good decisions. The authors set out to understand why bad decisions are made, and what causes them. They propose that in certain situations, the brain processes that normally get us to good decisions, lead us instead to […]
Read More… from Avoiding Bad Decisions: ‘Red Flags’ and Reflection
Are the gains of centralization (i.e. combining business activities) worth the pain it can cause? This is the dilemma, or the “tug of war” between centralization and decentralization faced by many CEOs. On the one hand, badly-judged centralization can stifle initiative, constrain the ability to tailor products and services locally, and burden business divisions with […]
Read More… from To Centralize or Not to Centralize?