Tuesday, October 28, 2008

The Seven Practices Of Sucessful Organizations by Jeffery Pfeffer

I think these practices are of critical importance to us as employee's, students, and leaders of organizations. This is an overview of the seven principals in Pfeffer's excellent article so I can memorize them and firmly embed the concepts into my memory and lexicon. Here are the seven principles:

1. Employment security

2. Selective hiring of new personnel

3. Self-managed teams and decentralization of decision making as the basic principles of organizational design

4. Comparatively high compensation contingent on organizational performance

5. Extensive training

6. Reduced status distinctions and barriers, including dress, language, office arrangements, and wage differences across levels

7. Extensive sharing of financial and performance information throughout the organization

R educed status distinctions and barriers, including dress, language, office arrangements, and wage differences across levels
E mployment security
C omparatively high compensation contingent on organizational performance
E xtensive trainingS elective hiring of new personnel
S elf-managed teams and decentralization of decision making as the basic principles of organizational design
E xtensive sharing of financial and performance information throughout the organization


I made up an acronym to help remember them; RECESSE, pronounced "recess". I think most organizations practice some of these, but very few all, which is unfortunate because they all need to be implemented to work together.

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