MOBILIZING MINDS [McKinsey] - Managing in a complex world

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Frank Kalder

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May 26, 2007, 4:28:25 AM5/26/07
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"Managing in a complex world"[1]
by Eric D. Beinhocker, McKinsey Global Institute

»The idea that the world is growing more complex may be a cliché, but
it is also true. Over the past decade, many companies have seen the
variety of products and services they offer grow exponentially, the
number of countries they operate in expand dramatically, and the
sophistication of the demands made by their customers increase
continually.[2] Rising complexity has been fueled by broad trends such
as technological innovation, globalization, and M&A, which are not
likely to slow down any time soon. As any executive facing a 24/7
storm of e-mails, meetings, and business trips will attest, the
complexity of managing large organizations has risen, but the
bandwidth of the human mind has not. ...«

Supplementary info: www.mckinseyquarterly.com/home.aspx
__
1) The McKinsey Quarterly - 2007 Number 2 (103 pages)
2) The Origin of Wealth: Evolution, Complexity, and the Radical
Remaking of Economics, Eric D. Beinhocker (Boston: Harvard Business
School Press, 2006): "I estimate that the number of products and
services in the global economy has grown to over ten billion - more
than the number of species on the planet."

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