We all know by now that cross-functional organisation is in and silos are out. At conferences and in journals, we are bombarded with explanations of why this is so and examples of good practice. In this paradigm, it is pretty evident that teams are the key. Why then are there so few good books on how to form and run teams?
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This book makes a powerful case for balancing the new model of co-operative sourcing with the traditional model of competitive sourcing. With the help of a matrix, Laseter distinguishes between four distinctive purchasing approaches:
* Trust based partnerships - high commitment to a co-operative relationship, low commitment to competitive pricing;
* Trust based partnerships - high commitment to a co-operative relationship, low commitment to competitive pricing;
Purchasers should be as careful when they buy goods and services from an online marketplace as from a bazaar on holiday, says Sean Hanley
BAe Systems is to become the world’s largest defence contractor after its takeover of Lockheed Martin’s aerospace electronics business was approved.
Most companies think fraud is inevitable and cost it into their budgets, according to a survey of 800 managers by Management Today magazine. But more than 30 per cent believe that if they cracked down on fraud such as expenses, invoice fiddling and making personal phone calls or surfing the internet, they would lose staff.