Search results
This article elucidates the history of box-ticking, and the reasons why companies succumb to it, since Adrian Cadbury pioneered the concept of ‘comply-or-explain’ in 1992, before proposing an exclusively principles-driven approach to the corporate governance code which would alleviate box-ticking and fulfill the original aspirations of Cadbury over a quarter of a century ago.
- Bobby Vijay Reddy
- 2019
Box-ticking. manifests itself in two ways: firstly, by companies complying with the letter rather than the spirit of. the provisions, and, second, by companies not utilising the inherent flexibility to implement the. optimum firm-specific governance structures by explaining rather than complying. This article will.
Thinking Outside the Box. No matter how much time passes or how technologically advanced we become, we continue to wrestle with an age-old question: Where do good ideas come from? Steven Johnson wrote a New York Times best-selling book on the topic titled Where Good Ideas Come From: The Natural History of Innovation, and in a TED talk on ...
- Where Did “Thinking Outside The Box” originate?
- Why Do We Have Processes and When Should They Be Adhered to?
- When Should We Break Process and Think Outside The Box?
- How Can We Think Outside The Box and Break Free of Processes?
- Forget What You Think You Know
The concept of “thinking outside the box” has been around since the 1970s when psychologist, J. P Guildford conducted a study. This consisted of 9 dots arranged in a square, and participants had to connect all the dots with only 4 straight lines. The only way to complete the puzzle was by drawing the lines starting from outside the box. Therefore, ...
In every company, you will have processes and procedures. These are important to ensure employees conduct each task properly and to the right specifications. Processes tell us when something should be done, why and how it should be carried out. It is a way to ensure consistency across the board as well as retaining a high level of quality. In gener...
If you find yourself clinging to that process or procedure more than the outcome or purpose of the process, it is time to get innovative and question the process. With technology continually evolving and new additions to your company who may come with different skills, there often comes a time when processes currently in place are not the most effi...
It is easy to remain within your comfort zone of using the same process year in year out and not challenging them, in fact we realised that as human beings, this is our default setting. The Max Planck Institute for Human Development discovered that the anatomical structure of the brain has a default or auto-pilot mode. This part of the brain is res...
When challenging a process, don’t think about the current ones in place. Think about the outcome. What does the process need to achieve? If you focus on the goal rather than the process, you may find yourself and others coming up with more direct solutions. By “forgetting what you already know” you can come up with new ideas of how to reach that de...
Mar 2, 2022 · What It Means to Truly “Think Outside the Box”. Summary. Society is filled with unwritten rules that many of us are taught to follow from a young age. For example, the belief that clothing is ...
Oct 19, 2016 · This article is more than 8 years old. One of the most common clichés in business today is that you should think outside-the-box (OTB). However, corporate culture and performance suggests that ...
‘Think outside the box’ originated in the USA in the late 1960s/early 1970s. It has become something of a cliche, especially in the business world, where ‘thinking outside the box’ has become so hackeyed as to be rather meaningless. Various authors from the world of management consultancy claim to have introduced the phrase.
People also ask
What does it mean to think outside the box?
What does it mean to think 'outside the box'?
Where did the phrase 'think outside the box' come from?
What does 'box' mean?
Why is it so hard to think outside the box?
Should we step back and see if solutions lie outside the box?
