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firms are continually confronted with a basic dilemma. On the one hand, they can choose to follow a practice area down its life cycle, adapting organization structures, staffing strategies, pricing, leadership styles, and all else we have discussed above to the new requirements of the marketplace. Of course, in so doing they will be transforming
... See moreDavid H. Maister • Managing The Professional Service Firm
The one-firm firm, relative to its competitors, places great emphasis on its institutional history, broadly held values, and a reputation that all actively work to preserve.
David H. Maister • Managing The Professional Service Firm
In light of the corporate scandals of the last decade, some would add that the most obvious shadow of the modern organization is individual and collective greed.
Frederic Laloux • Reinventing Organizations: A Guide to Creating Organizations Inspired by the Next Stage of Human Consciousness
most frequently selected) option—maintaining a firm with diverse practices at various stages of the life-cycle spectrum—is a challenging managerial task. The conflicting economic, behavioral, and managerial requirements of different practice areas are sufficiently great to create severe internal tensions and stress
David H. Maister • Managing The Professional Service Firm
Procedure project, usually involves a well-recognized and…
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David H. Maister • Managing The Professional Service Firm
Formal procedures include:
Alex Edmans • May Contain Lies: How Stories, Statistics, and Studies Exploit Our Biases—And What We Can Do about It
choice of project types influences significantly, as we shall see, the economic and…
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