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featured management models

open innovation: Chesbrough, Henry W.

open innovation

Chesbrough, Henry W.

  • topic: innovation & risk, strategic management and technology & operations
  • period: 2003
Open Innovation offers a philosophy on organising innovation processes at corporate R&D departments. Organisational structures can be devised that increase the innovative capacity of firms by (1) better integrating external sources in their internal development efforts and (2) better monetizing internally created technologies by selling them to the market. Henry...
ten managerial roles: Mintzberg, Henry

ten managerial roles

Mintzberg, Henry

  • topic: leadership & management and personnel management
  • period: 1973
The Canadian academic, Henry Mintzberg who had trained as a mechanical engineer, wrote his PhD thesis at the MIT Sloan School of Management analysing the actual work habits and time management of chief executive officers (CEOs). In 1973, Mintzberg's thesis on the nature of managerial work was adopted as a study and published for a wider audience. Mintzberg's...
five star model: Galbraith, Jay R.

five star model

Galbraith, Jay R.

  • topic: information technology and org. design & development
  • period: 1973
The American academic and consultant, Jay Galbraith, developed the Star Model as an organisational design framework. The model used design policies that guide organisational decision making and behaviour. The model contained the following five categories: 1. Strategy Determines direction through goals, objectives, values...
three generic strategies: Porter, Michael E.

three generic strategies

Porter, Michael E.

  • topic: strategic management
  • period: 1980
Michael Porter regarded the selection of a defendable position within an industry as the end result of a competitive strategic analysis. He argued that successful, profitable companies generally choose to compete on either low costs or by differentiating their products to meet specific customer needs. Although these two strategic options are mutually exclusive,...