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271. Jan Wallander: Budgeting – an unnecessary evil  
Almost 30 years ago — in 1970 — the largest commercial bank in Sweden, Handelsbanken, was in a major crisis. Profitability was low and the bank was in conflict with the authorities. As a result of…  
272. Alfie Kohn: Why incentive plans cannot work  
It is difficult to overstate the extent to which most managers and the people who advise them believe in the redemptive power of rewards. Certainly, the vast majority of U.S. corporations use some…  
273. OrgPhysics: Value creation and the three leadership structures  
All organizations possess three structures to solve their inescapable problems of compliance, of social interaction, and of value creation. Within OrgPhysics, the value creation structure is the only…  
274. Thought of the Day: courage  
I find that the words "courage" and "fear" are greatly over-used these days, in the context of work and organizations. By Niels Pflaeging  
275. Thought of the Day: language at work  
Org speak in most companies is pretty vulgar and usually highly exchangeable among them. That is why the Dilbert cartoons work so well. The words are quite the same everywhere. The language is rather…  
276. Organizations are  
Organizations are not ships. Organizations are not helicopters. Organizations are not orchestras. By Niels Pflaeging  
277. Gary Hamel: First let’s fire all the managers  
Executives don’t realize it, but a hierarchy of managers exacts a hefty tax on any organization: Managers are expensive, increase the risk of bad decisions, disenfranchise employees, and slow…  
278. Chris Argyris: Teaching smart people how to learn  
Any company that aspires to succeed in the tougher business environment of the 1990s must first resolve a basic dilemma: success in the marketplace increasingly depends on learning, yet most people…  
279. Henry Mintzberg: Developing theory about the development of theory  
I have no clue how I develop theory. I don’t think about it; I just try to do it. Indeed, thinking about it could be dangerous: The centipede was happy quite Until a toad in fun Said, “Pray, which…  
280. Robert Sutton; Barry Staw: What theory is not  
This essay describes differences between papers that contain some theory rather than no theory. There is little agreement about what constitutes strong versus weak theory in the social sciences, but…  
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