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Topic: management
topics >
coordination system
Topic:
accounting
Topic:
business application language
Topic:
contingency and strategic planning
Topic:
corporations and institutions
Topic:
managing people
Topic:
software management
Summary
Management provides a framework for cooperative activity. It can range from a formal, structured system to an informal seat-of-the-pants approach and even to a chaotic fire-fight. Management handles resource allocation, scheduling, reorganization to meet changes, making plans, administrating plans, defining interactions between employees.Administration and information needs can be partly automated with computer systems, but management remains a human activity because it depends upon anticipating the future. Coordination systems may help to execute a manager's plan. (cbb 7/83)
Subtopic: business as results oriented
Quote: in business you start at the end of the book and do everything you must to reach it [»geneH_1984] Quote: strategy requires a long-term road map of global trends; need a five-year planning horizon, not two years or less [»colwRP_2006]
Subtopic: business as surprise avoidance
Quote: the test of any management policy or social discipline is whether or not it works [»drucPF_1946]
Subtopic: business as interestingness
Quote: avoid surprises in business; 99% are negative [»geneH_1984] Quote: use a red flag page to report significant, unsolved problems
Subtopic: business as numbers
Quote: search guided only by the heuristics of "interestingness" is the mechanism for science and may be best for social design [»simoHA_1981]
Subtopic: budgeting
Quote: require data for resolving design issues; establish a data-driven culture; data forces the right questions [»colwRP_2006] Quote: the drudgery of the numbers will make you free [»geneH_1984] Quote: numbers in business are symbols, like words, with rich meanings from relationships to one another Quote: if based on unshakable facts, numbers act as a thermometer of a company's health [»geneH_1984] Quote: any significant variation between the budget and numbers is a signal for action Quote: the key issue in business is finding out what is happening behind the numbers Quote: many companies do not take their numbers seriously enough; a task of the chief executive [»geneH_1984] Quote: numbers have an inherent quality to them; they can be accurate or fuzzy, precise or rounded off, detailed or averaged and vague
Subtopic: management by objectives
Quote: in a budget, equal sums should be spent of large, medium, and small building projects; guarantees numerical predominance of small projects [»alexC_1975]
Subtopic: decentralized vs. centralized
Quote: Intel's management by objectives measured those tasks that might jeopardize a project's schedule; discuss with staff [»colwRP_2006] Quote: do not tie compensation to objectives; otherwise try to score well instead of selecting the right objectives and metrics [»colwRP_2006] Quote: management by objectives drives out miscommunications among cooperating design groups; managers can discover missing objectives before it is too late [»colwRP_2006]
Subtopic: informal vs. formal management
Quote: decentralization works best for manufacturing businesses with distinct markets for distinct product lines [»drucPF_1974] Quote: meta-programs allow a wheel network organization; reduces number of communication channels and centralizes language creation [»simoC12_1976] Quote: localized, economic change requires a decentralized solution; decisions must be local [»hayeFA9_1945]
Subtopic: standards vs. predictions
Quote: informal coordination is more efficient and flexible than formal coordination; more dependent on shared understandings [»holtAW_1997]
Subtopic: rational decision making vs. bounds
Quote: under uncertainty, standardization may be more effective than prediction; e.g., a business operating with an incorrect estimate [»simoHA_1981] Quote: Gothic cathedrals and Japanese temples were build from standardized parts with custom made doors, windows, etc. [»drucPF_1974]
Quote: rational decision making--list alternative strategies, determine the consequences, and pick the best [»winoT_1986] Quote: bounded rationality occurs when the complexity of the environment is much greater than the computational powers of the adaptive system [»simoHA_1981] Quote: actual behavior must depart from rational decision making because can't determine all alternatives or consequences
Group: coordination system (8 topics, 217 quotes)
Topic: accounting (10 items)
Topic: business application language (11 items)
Topic: contingency and strategic planning (22 items)
Topic: corporations and institutions (8 items)
Topic: managing people (64 items)
Topic: software management
(28 items)