Harvard review business plan

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Harvard review business plan

Innovate New Harvard Study: Getty Images For years tech companies and other open-plan evangelists have argued that despite employees' grumblings about privacyopen-plan offices have one killer selling point -- they spur employees to interact more, sparking fresh ideas and boosting collaboration.

It's a compelling story one that also sounds nicer as a justification than lower real estate costsbut many people who have actually tried to talk to a colleague in a wide-open, too-quiet office have been suspicious of the claim.

Now science has backed up their hunch. If you've long felt open-plan offices were a collaboration killer, a new Harvard study proves you were right all along.

More email, less conversation. The design of the research was simple but incredibly clever. Study two Fortune companies planning to make a switch to open-plan offices and compare how employees interact both before and after the new office design.

To do this, Harvard researchers Ethan Bernstein and Stephen Turban had participating employees wear a gizmo called a sociometric badge. For three weeks before and after the redesign it recorded wearers' movement, location, posture and, via infrared and sound sensors, their every conversation with colleagues.

The researchers also reviewed the number of text messages and emails subjects sent during the test period. The results have just been published in the journal Philosophical Transactions of the Royal Society B. What did they show? In short, as walls came down, so did the number of interactions among co-workers.

Simultaneously, the number of emails and text messages shot up. In the 15 days before the office redesign, participants accumulated an average of around 5.

harvard review business plan

After the switch to the open layout, the same participants dropped to around 1. That's an astonishing four hours less of collaboration per day. The study co-authors were blunt in their assessment of the data: But, you might object, maybe all that interaction before was time-wasting chitchat.

Maybe open-plan offices eliminate the privacy necessary for slackingpushing people to talk less frequently but more substantively. If someone tries to tell you otherwise, point them to this study.

Jul 9, More from Inc.May Harvard Business Review 3 For arTiCle reprinTs Call or , or visiT ashio-midori.com This article is made available to .

harvard review business plan

How to Write a Great Business Plan; Harvard Business Review. Baker Foundation Professor, Dimitri V. D'Arbeloff - MBA Class of Professor of Business Administration, Emeritus. Entrepreneurial Management. How to Write a Great Business Plan by William A.

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Sahlman Reprint When I receive a business plan, I always r ead the the new ventur e is the most impor tant, but because HARVARD BUSINESS REVIEW July-August T he accompanying article talks mainly about business plans in a familiar context, as a tool for entr epreneurs.

But. Business Research for Business Leaders How to Write a Great Business Plan HBS Professor William Sahlman tells entrepreneurs how to . Publisher: Harvard Business Review Press. Every business needs a business plan--a plan to meet the expected and unexpected opportunities and obstacles the future holds.

This book will help you take a long, hard look at each element of the plaPrice: $ A version of this article appeared in the July–August issue of Harvard Business Review.

William A. Sahlman is the Dimitri V. D’Arbeloff-MBA Class of Professor of Business Administration at the Harvard Business School.

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