Stop Spending Start Managing

Strategies to Transform Wasteful Habits

Tanya Menon, Leigh Thompson

Publisher: Harvard Business School, 2016, 221 pages

ISBN: 978-1-4221-4302-5

Keywords: Management

Last modified: April 25, 2019, 11:58 p.m.

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 before-the 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 organization — without spending a dime.

  1. How Spending Substitutes for Managing
  2. The Expertise Trap
  3. The Winners Trap
  4. The Agreement Trap
  5. The Communication Trap
  6. The Macromanagement Trap
  7. From Wicked Problems to Workable Solutions

Reviews

Stop Spending Start Managing

Reviewed by Roland Buresund

OK ***** (5 out of 10)

Last modified: March 22, 2021, 7:18 a.m.

This is a book on how to approach wicked problems. A bit boringly written, but OK.

The title promises more than the contents deliver, but nothing wrong with the approach. Mostly for middle-managers that are struggling with how to resolve stuff.

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