A McKinsey study noted that there are certain theories that may not be as simplistic, and therefore when used, is not as effective. For instance, simplistic organizational solutions, or popular techniques like Key performance Indicators ( KPI) would not be adequate if not properly implemented.  The carrot and sticks incentives is hardly effectively as an option to motivate and encourage,  and command and control leadership can be the least effective way to direct the efforts of the employees.

There are best practices that needs to be more clearly defined — defining a structure for accountability, the importance of articulating the vision to set the directino, and the development of an environment that encourages openness, trust and challenge.  More ….

Got this from Business Pundit and totally agree with it:

Greatness and success are two different things. Success requires some luck and
timing, no matter how good you are. (Tiger Woods still loses tournaments.)
Greatness is a measure of skill at a particular task.

And the only way to be great ? … Deliberate practice.  The more you do it, the better at it you will be.

According to a report by the AMI Partner the US medium
businesses (MBs, 100-999 employees) will spend over $1 billion this
year on customer relationship management (CRM) solutions, as
they increasingly recognize the need to improve and extend their CRM
capabilities. The US medium business market is still under-penetrated
in terms of CRM adoption, with just 35% of these businesses currently
using CRM solutions. However, MB spending on CRM is set to grow at a 9%
CAGR over the next five years.  More ….

The Chinese economy runs the risk of overheating in early 2007,
state media said Monday, as two foreign banks raised their growth
forecasts for next year.

A current modest slowdown in investment spending could soon be
followed by a rebound, the China Securities Journal reported, citing Yi
Xianrong, an economist with the Chinese Academy of Social Sciences. More …

China intends to require its millions of Internet bloggers to emerge
from the shadows and register under their real names in a move that is
raising privacy concerns, state press reported Monday.

Under the system, bloggers would be allowed to continue using their
online pseudonyms, but must register with authorities under their real
names, the Xinhua news agency said.

The real name requirement is an “unavoidable choice” if China wants
to properly develop its blogging community, Xinhua quoted the head of
the Internet Society of China, Huang Chengqing, as saying.

China has more than 17 million bloggers among its huge and
fast-growing market of 123 million Internet users, according to
previous reports.

More …