Stop Spending, Start Managing : Strategies to Transform Wasteful Habits
Book Details
Format
Hardback or Cased Book
ISBN-10
1422143023
ISBN-13
9781422143025
Publisher
Harvard Business School Publishing
Imprint
Harvard Business School Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Aug 16th, 2016
Print length
208 Pages
Weight
456 grams
Dimensions
16.70 x 24.30 x 2.10 cms
Product Classification:
Management & management techniques
Ksh 4,150.00
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These costs can add up, particularly when you consider the additional loss to your company in wasted time, energy, and resources when you don't solve problems effectively. Tanya Menon and Leigh Thompson, experts in how organizations work, have developed a framework to help you understand why you fall into this trap, and how to escape it.
Stop Wasting Precious Time and Money
You have a complex problem at work, and you know the standard solutions: hire a consultant, enlist a superstar employee, have more meetings about it. In short, spend money and hours to dig your way out. But you’ve been down this road before—the so-called solution consumes your time, dollars, and resources, and yet the problem still reappears.
There is a way out of this cycle. Organizational researchers Tanya Menon and Leigh Thompson, experts in collaboration and creativity, identify five spending traps that lead to this wasteful “action without traction”:
The Expertise Trap: recycling old solutions on current problems
The Winner’s Trap: investing additional resources into failing projects
The Agreement Trap: avoiding conflict to feel like a team player
The Communication Trap: communicating too frequently over too many channels
The Macromanagement Trap: assuming your employees don’t need your direction
Menon and Thompson combine their own research with other findings in psychology to provide strategies to break these unproductive habits and refine your skills as a manager. From shaping problems in new ways and learning from failure through experimentation, to stimulating productive conflict and structuring coordinated conversations, you can escape these traps and discover the value hidden in your organization—without spending a dime.
You have a complex problem at work, and you know the standard solutions: hire a consultant, enlist a superstar employee, have more meetings about it. In short, spend money and hours to dig your way out. But you’ve been down this road before—the so-called solution consumes your time, dollars, and resources, and yet the problem still reappears.
There is a way out of this cycle. Organizational researchers Tanya Menon and Leigh Thompson, experts in collaboration and creativity, identify five spending traps that lead to this wasteful “action without traction”:
The Expertise Trap: recycling old solutions on current problems
The Winner’s Trap: investing additional resources into failing projects
The Agreement Trap: avoiding conflict to feel like a team player
The Communication Trap: communicating too frequently over too many channels
The Macromanagement Trap: assuming your employees don’t need your direction
Menon and Thompson combine their own research with other findings in psychology to provide strategies to break these unproductive habits and refine your skills as a manager. From shaping problems in new ways and learning from failure through experimentation, to stimulating productive conflict and structuring coordinated conversations, you can escape these traps and discover the value hidden in your organization—without spending a dime.
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