While the need for, and the value of, Continuous Improvement (CI) Management in practice is well established; their successful implementation has proven problematic. Employee resistance, due to business cultural incompatibility, is considered a major cause. Unfortunately, current budgeting systems...

We model the tradeoff between the balance and the strength of incentives implicit in the choice between hierarchical and matrix organizational structures. We show that managerial biases determine which structure is optimal: hierarchical forms are preferred when biases are low, while matrix...

We model the tradeoff between the balance and the strength of incentives implicit in the choice between hierarchical and matrix organizational structures. We show that managerial biases determine which structure is optimal: hierarchical forms are preferred when biases are low, while matrix...

In this paper, we seek to extend and integrate national and international strategy-structure theory. We use an information-processing approach to model the relationship between both national and international elements of strategy and macro structure. We test our hypotheses with data from 156...

I study how to allocate control (over one or multiple projects) when people may openly disagree on the optimal course of action.I first show that, in the efficient allocation, complementary decisions should be decided by the same person, while substitute decisions should be decided by different...

In this we paper we explain why maximizing shareholder value should be the sole objective function for governing the corporation and why that objective function is, on balance, good for all stakeholders. Shareholder value maximization is the ideal corporate goal because it is the best among all...

Stock option grants to top managers have largely contributed to the dramatic increase in US executive pay in recent years. In this paper it is argued that stock options, compared to other forms of compensation, have created strong incentives for managers to engage in lobbying activities for...

If we consider corporate defense as representing an organization's program of self-defense, we are referring to the structures, measures, mechanisms and processes aimed at defending the interests of all of its stakeholders (including its people). Managing corporate defense is therefore an...