The secret of the 'champion's' success - the dual fit
Article Abstract:
Entrepreneurs who operate from within corporations, so-called 'champions', are those executives who come up with the ideas for new products or new technologies and possess the motivation to follow through on the ideas to realize their benefits. Many companies are so anxious to hold on to these executives that they do not consider how well the ideas fit into the overall organization, both in terms of the company fit (the commitment of top management to the ideas) and the marketplace fit (to assure that the products being developed will be successful on the market). The process of criteria-setting to assure that the ideas will truly benefit the organization is described, and the importance of a 'sponsor' for the 'champion' from top management is discussed.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1984
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Wringing some benefits from those dreaded meetings
Article Abstract:
Corporate managers spend much of their time in meetings, and whether the meetings are formal or informal, they represent a considerable cost to organizations. While many of the meetings are arguably unnecessary, it is important that attendees of those that are get as much out of them as possible. Meetings should focus attention on the goals of the organization, involve workers in the decision-making process, promote creativity, develop new ways to look at problems, and increase a manager's power. Several methods for improving the productivity of meetings are described.
Publication Name: International Management
Subject: Business, international
ISSN: 0020-7888
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
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