It's time to reinvent management. You can help.

Create internal markets for ideas, talent & resources

“Organizations need a resource allocation process that more accurately mimics the selection pressures of a real market.”

Funding decisions in corporations are usually made at the top and are heavily influenced by political factors. That’s why companies over-invest in the past and underfund the future. By contrast, resource allocation in a market-based system like the New York Stock Exchange is decentralized and apolitical. While markets are obviously vulnerable to short-term distortions, in the long run they’re better than big organizations at getting the right resources behind the right opportunities. To make resource allocation more flexible and dynamic, companies must create internal markets where legacy programs and new projects compete on an equal footing for talent and cash.

45 Stories
71 Hacks
5 Barriers

Create internal markets for ideas, talent & resources

“Organizations need a resource allocation process that more accurately mimics the selection pressures of a real market.”

Funding decisions in corporations are usually made at the top and are heavily influenced by political factors. That’s why companies over-invest in the past and underfund the future. By contrast, resource allocation in a market-based system like the New York Stock Exchange is decentralized and apolitical. While markets are obviously vulnerable to short-term distortions, in the long run they’re better than big organizations at getting the right resources behind the right opportunities. To make resource allocation more flexible and dynamic, companies must create internal markets where legacy programs and new projects compete on an equal footing for talent and cash.

Filter By:
I was into a very senior search assignment with a stakeholder who is very well known , powerful yet a laeder who takes a lot of time to really open up .
Story by NAVEEN KHAJANCHI on July 8, 2013
In our group tasks are chosen by our people.People are encouraged to volunteer to lead projects and others are encouraged to volunteer to join them and support them.The whole work is self-organized.Wh
Story by Edna Pasher on July 9, 2013
Not every manager works in an office setting and one of the biggest management issues I faced when I used to be an executive chef were smoke breaks.
Story by Samantha Hager on March 15, 2017
Keepitposted™ is a young multidisciplinary startup; using a ‘Holistic Approach’ to finding core components of the greater problems within our current economic environment.
Story by Raul ML Louren on April 30, 2012
Co-Authored By Thys de Beer
Hindustan Unilever at last count has given over 500 CEOs to corporates across the world. In any survey of companies that consistently build world class leaders, HUL is sure to feature prominently.
Story by Stephen Remedios on July 14, 2013
Feeling recognized feels amazing. At work we started a recognition revolution with StarmeUp!
Story by Laura Alfonsin on August 17, 2017
As bringing innovation to your personal and professional challenge?I believe that with little of innovation knowledge that we can have the important thing is to transcend in the personal and prof
Story by Geovanny Romero on December 28, 2012
This is a really interesting story shared by my one of colleague Patrick Allman on how he was convinced that every company needs social collaboration at work while sitting in the stands watc
Story by Vipin Thomas on July 30, 2013
People are passionate, they love to learn and to contribute and to be social.  Our organizations are constantly looking for new ways to motivate employees, hire external consultants and experts t
Story by Kutlu Kazanci on January 16, 2011

Pages