The New Deal Parenting Style

Corporate Control (Parenting Styles)
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🔥NEW Yves L. Doz and and Mikko Kosonen seem to be in favor of the Strategic Planning Parenting Style for fast-changing technology companies in their article 'The New Deal at the Top' in HBR June 2007. Having researched a dozen large companies around the world (including Canon, Cisco, Hewlett-Packard, IBM, Nokia and SAP), they recommend senior executives at new-deal companies should assume collective responsibility for corporate performance, rather than for their individual business unit performance. New-deal collaboration is furthermore characterized by frequency, intensity, informality, openness, and a focus on shared issues and the long term. A subordinate role for the CEO, and transparent accounting and performance measurement are seen as important facilitators. Unfortunately the authors are not mentioning any drawbacks of their collaborative philosophy. (...) Read more? Sign up for free


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