Adopting a new management practice could give your company competitive edge and boost performance. But, warns Julian Birkinshaw, writing for Harvard Business Review, leaders should beware the “next big thing”.
Leaders have always looked to other firms for innovative new ways of doing things. So a new “management idea of the moment” will always ignite the interest of executives looking to transform their companies.
But borrowing and then abandoning a radical new management practice could damage your business and your own reputation.