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| Author: | Handy, C. |
| Title: | Balancing corporate power: a new federalist paper |
| Journal: | Harvard Business Review
1992 : NOV-DEC, VOL. 70, p. 59-72 |
| Index terms: | EUROPEAN COMMUNITY POWER MANAGEMENT |
| Language: | eng |
| Abstract: | Although they do not always call it federalism, businesses in every country are moving in the same direction. Everywhere companies are restructuring, creating integrated organizations, global networks, and "learner, meaner" corporate centers. In so doing they are on the path to federalism as the way to govern their increasingly complex organizations. The article describes the basic principles that have defined federalism over centuries. These five principles translate readily into the world of business where they can provide an organizational framework for the way the company goes about its work. |
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