Mobilizing Minds: Creating Wealth From Talent in the 21st Century Organization - Hardcover

Bryan, Lowell L.; Joyce, Claudia L.

Hardcover

ISBN 10: 0071490825 ISBN 13: 9780071490825

Publisher: McGraw Hill, 2007

Synopsis

Based on a decade of exclusive research, Lowell Bryan and Claudia Joyce of McKinsey & Company have come up with a simple yet revolutionary conclusion: Your workforce is the key to growth in the 21st century. By tapping into their underutilized talents, knowledge, and skills you can earn tens of thousands of additional dollars per employee, and manage the interdepartmental complexities and barriers that prevent real achievements and profits.

This can only be accomplished through organizational design and redesign. That's the new model for survival in the modern, digital, global economy. With the right design, your organization will have the capabilities to pursue whatever strategy is necessary to compete on any scale, react to any market change, leverage any opportunity, and sail past the competition.

In Mobilizing Minds, the authors distill their research into seven strategic ideas that shatter the complexity frontiers, have the potential to unleash enormous profits, and enable long-term success for every company. Bryan and Joyce outline innovative principles that enable corporations to:

• Manage complexity, bureaucracy, and redundancy
• Use hierarchical authority to strengthen the authority of key managers and drive performance
• Deliver operating earnings while implementing wealth-creation strategies
• Allow formal networks, talent, and knowledge marketplaces to work in a large company
• Motivate and reward wealth-creating behavior
• Pursue organizational design as a corporate strategy
• Increase worker satisfaction

It is imperative for corporations to put the same energy used for new products and processes into organizational design. That's where the money is. That's where the opportunities lie. That's the key to surviving and prospering in the 21st century.

About this title

About the Authors

Lowell C. Bryan, Jane Fraser, Wilhelm Rall, and Jeremy Oppenheim are management consultants on the globalization of industries and national markets for McKinsey & Company, Inc.

Claudia I. Joyce is a Principal at McKinsey & Company and a core member of the Financial Services and Strategy Practices. Her work has been published on McKinsey's Knowledge Web and in the McKinsey Quarterly. She is a graduate of the Kellogg School of Management at Northwestern University (MBA) and of the University of Chicago (B.A. in Economics).

From the Back Cover

The Profit is in Your People.

If You're Not Mobilizing Minds, You're Not Leveraging Your Organization's Single Greatest Asset.

“Mobilizing Minds will more than mobilize the mind of any reader. It will inspire, energize, and give them a basis for taking imaginative and creative action.”-Larry Prusak, coauthor, Working Knowledge

“In the increasingly globalized and complex world in which we operate, the need for companies to be agile and mobilize their human capital has never been greater.”-Jean-Paul Votron, CEO, Fortis

“Lowell Bryan is one of the most insightful individuals I know when it comes to organization design and leadership models. If we can reduce complexity while increasing collaboration of true leaders, the power of the organization and its people can be realized.”-Dennis M. Nally, Chairman & Senior Partner, PricewaterhouseCoopers LLP

From the Inside Flap

Based on a decade of exclusive research, Lowell Bryan and Claudia Joyce of
McKinsey & Company have come up with a simple yet revolutionary conclusion:
Your workforce is the key to growth in the 21st century. By tapping into
their underutilized talents, knowledge, and skills you can earn tens of
thousands of additional dollars per employee, and manage the
interdepartmental complexities and barriers that prevent real achievements
and profits.

This can only be accomplished through organizational design and redesign.
That's the new model for survival in the modern, digital, global economy.
With the right design, your organization will have the capabilities to
pursue whatever strategy is necessary to compete on any scale, react to any
market change, leverage any opportunity, and sail past the competition.

In Mobilizing Minds, the authors distill their research into seven
strategic ideas that shatter the complexity frontiers, have the potential
to unleash enormous profits, and enable long-term success for every
company. Bryan and Joyce outline innovative principles that enable
corporations to:

Manage complexity, bureaucracy, and redundancy
Use hierarchical authority to strengthen the authority of key managers and
drive performance
Deliver operating earnings while implementing wealth-creation strategies
Allow formal networks, talent, and knowledge marketplaces to work in a
large company
Motivate and reward wealth-creating behavior
Pursue organizational design as a corporate strategy
Increase worker satisfaction
It is imperative for corporations to put the same energy used for new
products and processes into organizational design. That's where the money
is. That's where the opportunities lie. That's the key to surviving and
prospering in the 21st century.

Edition details

• Publisher: McGraw Hill
• Publication date: 2007
• Language: English
• ISBN 10: 0071490825
• ISBN 13: 9780071490825
• Binding: Hardcover
• Edition number: 1
• Number of pages: 300