Remove Bureaucracy Remove Finance Remove Marketing
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6 Rules for Defense Start-Up Innovators

Strategy Driven

For years now, huge corporations such as British Aerospace Engineering and Raytheon have completely dominated the market and swooped in to poach promising innovators. Inventors and programmers have found themselves swallowed up in vast bureaucracies, working on projects that they feel morally uncomfortable on and with less than savory people.

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Google Layoffs of 200 Core Employees Signal a Worrying Trend

HR Digest

CRN received a statement from a spokesperson from the company stating that it was “simplifying structures to give employees more opportunity to work on our most innovative and important advances and our biggest company priorities while reducing bureaucracy and layers.” According to Inc.

Trends 59
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How do you start your own business

Strategy Driven

Find ways to manage your finances efficiently and effectively in order not to spend your entire capital in one place. The point is that the bureaucracy and red tape can put an end to your business faster than any other issue you might run into. Furthermore, the market and customer demand are constantly shifting. Planning Ahead.

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Innovating Around a Bureaucracy

Harvard Business Review

What do you do if you're a leader in a large, successful organization with an entrenched bureaucracy, and you see the need for innovation? The Internal Revenue Service (IRS), however, was successful in transforming its bureaucracy. Thus, needed process changes within bureaucracies should always be built into such initiatives.

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The True Cost of Hiring Yet Another Manager

Harvard Business Review

You also have support staff, including the people in marketing, finance, HR, and other functions. When the tooth-to-tail ratio gets too low, front-line people find that they have to send every customer request or idea for improvement up through the bureaucracy and wait days or weeks for a response.

Cost 15
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Warren Buffett's 2010 Shareholder Letter: What to Expect

Harvard Business Review

Buffett prefers to accept the visible costs of "a few bad decisions" than incur "the invisible costs of stifling bureaucracies." In 2009, he confessed to developing an ill-conceived plan to market GEICO credit cards and also failed to rein in NetJets' debt, which had soared to $1.9 He annually reports on his own mistakes.

Letter 15
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Big Companies Can Unleash Innovation, Rather than Shackle It

Harvard Business Review

It worked with a local partner to create India's first financing plan for medical devices. Medtronic used business model innovation to enter markets formerly out of its reach. On the basis of this early success, the company plans to scale up the program across India and then in other emerging markets.