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Strategy and the Fat Smoker
David Maister's Business Masterclass
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The One-Firm Firm Revisited

(34:10)

This episode revisits five firms named in a 1985 article entitled “The One-Firm Firm”. We will discuss the differences in these firms and the pertinence of the article 23 years on.

ADDITIONAL RESOURCES

chapter summary

NOTES FOR THE EPISODE:

00:35 – Introduction
01:47 – The changing landscape and the adapted firm
03:18 – What is it?
06:09 – The Warlord Model
08:38 – Twenty-Two Years On
13:08 – The Role of Leadership
15:33 – Size and Growth
17:15 – The Role of Selective Recruiting
18:43 – Alumni Management
21:11 – The Role of Lateral Hiring
23:30 – The Role of Compensation Schemes
25:18 – Review: The Importance of Trust and Loyalty
29:43 – The Stress of Boom Times on The One-firm Firm
32:37 – Summary

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