Word: teamworks
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...discover that there are some college parties where “the focus is on drinking.” But what is shocking to me is your implication that drinking is not a student activity. What more universal activity is there for students? It builds endurance (chugging), teamwork (kegstands), and general fortitude (waking up the next morning). Can an afternoon with PBHA deliver those results? I think not. Also, is drinking really our number one problem? I figured that our number one problem was mental health. Harvard students are fucking crazy. The booze is only part of their coping method...
Goldman vice president Sunil Sanghai, whom Entwistle lured from Morgan Stanley, says these strong personal bonds translate directly into stronger client relationships. Sanghai should know. He brokered Goldman's lucrative role in the ICICI offering. "You always hear how much teamwork means at Goldman, but it's true," Sanghai says. "If a client wants research overnight, I have 2,000 bankers worldwide willing to help...
...decision was no big deal--even though his Los Angeles Lakers lost to the Boston Celtics and V.B.K., as he was known, was fired. An ex--New York Knick, he coached teams including the Detroit Pistons, the Phoenix Suns and Bill Bradley's Princeton squad--and treasured teamwork and unselfishness above all. "Life isn't much different than [basketball]," he once said. "If it's run right, with precision, with good, honest effort, it's a thing of beauty...
...illustrating the power of interpersonal relationships, the Hawthorne studies helped birth the field of industrial psychology and the obsession with teamwork that we feel every time we haul ourselves to a corporate retreat designed to help us better bond with co-workers. But the world of work has changed quite a bit during the past 80 years. The idea that the power of the group comes primarily from the group itself is as outdated as the rotary dial, according to Deborah Ancona, a professor at MIT's Sloan School of Management, and Henrik Bresman, an assistant professor of organizational behavior...
...nature of work has changed since Hawthorne, so teamwork alone isn't enough. Companies that thrive in the knowledge-driven global economy are spread out, with loose hierarchies, not rigid centralized structures. They depend on complex, constantly changing streams of information that can't be contained by any one source. And the tasks of groups within these firms link them to people within the company and without. The distributed-yet-interconnected character of contemporary work dictates reaching outward, but years of morale-building retreats and consultants persuade us to keep looking...