The Verdict is in: Innovative Management Wins

In my previous blog post, I shared how Statoil's innovative finance organization has eliminated budgets in support of their approach to strategic management. Their case study was part of a contest on management innovation called the Beyond Bureaucracy Challenge being conducted by the Management Information Exchange (MIX) in conjunction with the Harvard Business Review and McKinsey's M-Prize.

I am excited to report that Statoil is one of seven companies to be declared winners. See the announcement of all the winners here.

Read the full article at

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