Stop Spending, Start Managing: Strategies to Transform Wasteful Habits

By Tanya Menon, Leigh Thompson
Stop Wasting Precious Time and Money
You have a complex problem at work, and you know the standard solutions: hire a consultant, enlist a superstar employee, have more meetings about it. In short, spend money and hours to dig your way out. But you ve been down this road beforethe so-called solution consumes your time, dollars, and resources, and yet the problem still reappears.
There is a way out of this cycle. Organizational researchers Tanya Menon and Leigh Thompson, experts in collaboration and creativity, identify five spending traps that lead to this wasteful action without traction:
The Expertise Trap: recycling old solutions on current problems
The Winner s Trap: investing additional resources into failing projects
The Agreement Trap: avoiding conflict to feel like a team player
The Communication Trap: communicating too frequently over too many channels
The Macromanagement Trap: assuming your employees don t need your direction
Menon and Thompson combine their own research with other findings in psychology to provide strategies to break these unproductive habits and refine your skills as a manager. From shaping problems in new ways and learning from failure through experimentation, to stimulating productive conflict and structuring coordinated conversations, you can escape these traps and discover the value hidden in your organizationwithout spending a dime.


EDITOR'S CHOICE: Stop Spending, Start Managing: Strategies to Transform Wasteful Habits

Posted August 18, 2016, 1:00 PM with category of Leadership & Strategy
Tanya Menon & Leigh Thompson offer counterintuitive and sometimes unconventional wisdom to help leaders invest their time, effort, and money in the right places. Read more

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Posted August 1, 2016, 10:00 AM
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ISBN: 9781422143025

About the Hardcover

Publisher Harvard Business School Press
Publish date 08/16/2016
Pages 208
ISBN-13 9781422143025
ISBN-10 1422143023
Language English