article thumbnail

OpenAI’s Failed Experiment in Governance

Harvard Business

OpenAI has undoubtedly succeeded in its product innovations, with ChatGPT. But its governance innovations have failed spectacularly. Put in place to guard against the abuse of its product, the company’s unusual structure — a nonprofit that owns a for-profit — proved unpredictable and subject to the whims of its directors.

article thumbnail

Governance: Transforming Organizational Culture

Tom Spencer

In the realm of business, the term “ governance ” conjures images of stale bureaucracy, mundane meetings, and rigid roles. However, such perceptions fail to capture the potential impact of governance to influence the actions, cognitions, and emotions of individuals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Transforming Governance Through Modern Technology

Tom Spencer

In today’s rapidly evolving world, organizations across various sectors are recognizing the transformative potential of introducing innovation into their governance processes. In this article, we will explore some unexpected yet highly effective ways of utilizing technology to infuse innovation into the governance process.

article thumbnail

How to Eliminate the Whirlwind & Increase Productivity

Rick Conlow

2 Considerations to Move from Whirlwind to Productivity. 2 More Considerations to Move from Whirlwind to Productivity. And that is the point: it all comes down to productivity. As summary, think of this quote by Golda Meir, “I must govern the clock, not be governed by it.”. So, where do we draw the line?

article thumbnail

How to Overcome the Pain Points of Your CRM

When used effectively, a CRM can be the lifeblood of your sales team – keeping everyone organized, efficient, and at peak productivity. However, as a company, sales stack, and database grow, it becomes difficult to uphold structure and governance to keep a CRM up-to-date. The result?

article thumbnail

Product Management – What Is It and How to Get Started

Tom Spencer

Product managers have a dynamic role within companies, sitting at the intersection between business leaders, customers, engineers, and designers. They help to organize the development process so that products meet customer needs and business goals. What is a Product? Managing the Product Lifecycle.

article thumbnail

Why You Should Offer a Take-Back Program for Your Old Products

Harvard Business

Countries around the world are enacting legislation, known as extended producer responsibility regulations, to make companies more accountable for the end-of-life phase of their products. While companies may fear that these take-back programs would lead to increased costs that drive away consumers, new research suggests differently.