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Why Consensus Kills Team Building | N2Growth Blog

N2Growth Blog

Where Dan lost me was on point #4 – Teams Decide by Consensus. And as odd as it may sound, one of the greatest impediments to building productive teams is practicing management by consensus. In recent months I have observed a decent amount of politically correct discourse on the topic of team building and equality.

Consensus 388
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The Future of Cities Depends on Innovative Financing

Harvard Business Review

In a perfect world, governments would have the cash and the consensus to fund and coordinate the construction of the infrastructure required to sustainably accommodate a rapidly urbanizing world. Investors from hedge funds to insurance companies are operating in an environment of low yields, near-zero interest rates, and a glut of savings.

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Leading Those Who Don't Want To Follow | N2Growth Blog

N2Growth Blog

If you crush the individual character and spirit of those who form your team, how can your team operate at its best? Never be swayed by consensus that calls you to compromise your values, rather be guided by doing the right thing. The strongest teams don’t weed out or neutralize individual tendencies, they capitalize on them.

Blog 419
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Jack Welch’s Approach to Breaking Down Silos Still Works

Harvard Business Review

After some investigating, they discovered that their fragmented, geographically dispersed matrix structure made it very difficult for the program managers to coordinate efforts across functions, keep everyone focused on the cost and delivery goals, and get people to reach consensus. This was delaying product production.

Welch 8
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5 Ways U.S. Hospitals Can Respond to Medicare’s Mounting Costs

Harvard Business Review

Intense pressure from the $719 billion Medicare program on the finances of U.S. Some health system executives are developing possible pathways for improving operations for achieving anywhere from 5% to 15% expense reductions, based on forecasts of cost elements both in the care process and in administration. Jorg Greuel/Getty Images.

Cost 8
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Nigeria’s GDP Just Doubled on Paper: What It Means in Practice

Harvard Business Review

There is a general consensus among economic analysts and commentators that the changes are merely cosmetic — they certainly do not affect the daily lives of most average Nigerians, and their timing might be politically motivated given the upcoming 2015 elections which are expected to be highly contested. Global business'

GDP 8
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What Your Stock Price Is Really Means

Harvard Business Review

Rappaport showed that, in setting a price, the market offers a clear signal that can inform operational and financial decisions. As a liberal arts major with very limited exposure to business or finance, I found the stock market fascinating but bewildering. Rappaport's article was published shortly after I graduated from college.

Price 8