business management

Could open source build a jetliner?

open source jet

I know this might sound like an odd question. It first came up in a conversation I had with Gary Hamel, the eminent business thinker and one of the first people to recognize the importance of distributed co-creation and that it will change management in the 21st century. We were discussing how the power of participation could replace traditional management for purposes of coordination and what it's limits might be. We ended up using the analogy of building a jetliner as our best example of where tight coordination is required. This question has been nagging on my mind ever since. » Read more

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Taking reality seriously: Towards a more self-regulating management model at Statoil

steel worker

Statoil is a Norwegian oil and gas company with activities in 34 countries, 20000 employees and a turnover of around USD 90bn. The company is listed in New York and Oslo. On Fortune 500, it ranks #67 on size but #1 on Social Responsibility and #7 on Innovation. » Read more

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The end of performance management (as we know it)

management model

Statoil is a Norwegian energy company with 21,000 employees in 36 countries. On Fortune, the company ranked in 2011 #1 in Social Responsibility and #7 in Innovation, and has over the last 10 years consistently performed above peer average on return on capital and value creation. » Read more

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