Every time I read Traders Guns and money there are new things to explore.
The management of the firms is a succession of fads during trouble times, just like the recent and ongoing crisis. The Fads become a mixture of homely common Rusk package as science and in comprehensible.
|Diversification||Lets do several things that we don’t know anything about badly|
|Sticking to the knitting or focus||Lets get back to doing what we once did if any body can remember what it is and how to do it J|
|Decentralization||Massive duplication, confusion and creation of thousand of petty empires|
|Matrix structure||Every body reports to every body, no body knows who they work for & there is no accountability|
|Flat Organization||Managers who can not manage now manage tens of direct reports.|
|Business Process reorganization||A process by which cut everything that is essential, leaving only every thing that you don’t need.|
Not to forget lot of buzz words like CRM/KPI/TQM/B2B/B2C/Transformation/best of breed/competitive advantage/reinvention/templates.