Velocity management: ‐ creating organizational instinct

Abstract

Executives who hope to succeed in the new millennium must learn to manage in ways that are a quantum leap from the manner in which they have been managing. The basis for this new style of management is decision‐making at lightning speed. Velocity management is decision making at speeds consistent with today’s competitive environment and technology. It is based on a system of proactive metrics that are designed to ensure the balance of organizational and individual expectations, organizational and individual enablers, and positive and negative consequences. Velocity management promotes an awareness of disruptions when they first became noticeable or identifiable, allowing the organization to develop an instinct by which management can address disruptions at the earliest possible time and enact follow‐up mechanisms to ensure improvement in off‐schedule conditions.

Citation

Mourier, P. (2001), "Velocity management: ‐ creating organizational instinct", Strategy & Leadership, Vol. 29 No. 2, pp. 24-28. https://doi.org/10.1108/10878570110387680