Reflections on the progress in accounting for people and some observations on the prospects for a more successful future

Reflections on the progress in accounting for people and some observations on the prospects for a more successful future

The paper celebrates the fiftieth anniversary of the publication of Flamholtz’s seminal paper on the Human Resource Accounting approach to taking people into account, providing a critical review of its progress since that time and offering some thoughts on how the project might now be beneficially shaped.

Successfully Managing the Hidden Danger of Rapid Growth

Successfully Managing the Hidden Danger of Rapid Growth

As part of our continuing research and publications activities, a joint authored article by Eric Flamholtz, Yvonne Randle, and our Chinese affiliates Simon Kuang Yaojun, Tony Wong Xiaohong, and Ivy Sun Qian, titled "Successfully Managing the Hidden Danger of Rapid Growth: Theoretical Framework, Measurement Tools, and Practical Applications" was published earlier this year in the American Journal of Theoretical and Applied Business. Vol. 4, No. 2, 2018. 

TESLA’S “GROWING PAINS” AND ELON MUSK’S LEADERSHIP

TESLA’S “GROWING PAINS” AND ELON MUSK’S LEADERSHIP

Elon Musk is without question one of the most visionary, daring and fascinating entrepreneurs, in our lifetime. He is perhaps the apotheosis of visionaries’ of a least the last 100 years. However, Elon Musk is clearly playing a dangerous high –risk game. The overall purpose of this article is to examine some aspects of Elon Musk’s leadership and the nature of organizational “growing pains.” A related purpose is to suggest what Must and Tesla need to do to deal with its “Growing Pains.’” 

THE EMPEROR HAS NO CLOTHES! Problems with the Balanced Scorecard

 THE EMPEROR HAS NO CLOTHES! Problems with the Balanced Scorecard

For more than 25 years, the "Balanced Scorecard" has become widely discussed and applied.  However, the approach popularized by Kaplan and Norton, is fundamentally flawed and successful applications, like the Unicorn, are rare.

This article is part one of a two-part series on the Balanced Scorecard. Part one is a critique of the Balanced Scorecard, and part two will address how it can be fixed and made more useful.

Managing and Enhancing Employee Engagement

Managing and Enhancing Employee Engagement

There has been increasing interest in the concept of "Employee Engagement."  The term itself has an intuitive appeal with positive connotations.  However, the concept of engagement has not been defined in a generally accepted way.  The purpose of this article is to provide a framework that can be useful to managers as well as researchers to understand the nature and potential value of the construct of employee engagement as well as the status of current methods for measuring engagement.

"Using the 'Pyramid of Organizational Development' To Create 'Incremental Alpha'"

"Using the 'Pyramid of Organizational Development' To Create 'Incremental Alpha'"

The terms "Alpha" and "Beta" are commonly used by invest professionals. The term "Beta" refers to the relationship between risk or risk and return: the greater the risk (of loss) the greater the expected return and vice versa.  "Alpha" is the term used by investment professionals to indicate a differential or incremental value of a company that is unrelated to Beta. This article examines how our frameworks and methods can assist companies in developing incremental Alpha for their own business enterprise!  For example, we helped Starbucks create its management systems.