Ideas & Thinking
Last week I wrote that “management innovation” is about reinventing your management model. So what exactly is a management model? The management model defines what managers do and how they do it. So what do mangers do? Peter Drucker once said management is “Getting things done through other people”. This entails 3 elements: (1) things, [...]
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Ideas & Thinking
At a management innovation conference in Copenhagen in early September Jørgen Vig Knudstorp, CEO of LEGO, explained his management model. “The goal is to increase the ability of Lego as a business to adapt to changing circumstances, while dealing with the complexity of allocation and coordination issues.” To do so he concentrates on what he [...]
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