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Monthly Archives: May 2009
Des Moore on Central Banks
Interesting: First, contrary to popular interpretations, the blame for the panic cannot primarily be placed on irresponsible bankers: they responded rationally to the subsidy for credit created by central bankers. But what’s this in the very next paragraph?!?!: Second, Prime … Continue reading
Posted in Australia, Austrian Economics, Current Events
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Manager veto and the management team cartel
There is an interesting lesson about management intensions at the Management Skills Blog. It serves as a good example of how management teams act like cartels (if you use my analysis approach): Noble Intentions Thu, May 14th, 2009 … Continue reading
Posted in General MWT
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No wrong way to slice the pie? (and do you even know?)
Management, as a discipline, has a problem it can”t solve. It needs to coordinate separate but related activities caused by the division of labour. And it needs to be able to do this regardless of how labour is divided. Project … Continue reading
Thought of the day
Mainstream economics is not the cause of the current financial crisis – rather, the cause of the current financial crisis and the cause of mainstream economics being mainstream are the same. (article to follow)
Thought of the day
Leadership is knowing what needs to be done before you see the ROI calculation
Posted in Thought of the day
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Again, what is MWT?
I’ve written a few short descriptions of the MWT Model over the years. I just submitted the following to ValueBasedManagement.net: ManageWithoutThem is firstly a theory of how organisations actually behave, rather than how managers should behave. Secondly, it’s a redefinition … Continue reading
Posted in Current Events, General MWT
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Thought of the day
Management is not never having to say “this is bullsh*t”.
Posted in Thought of the day
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