Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers

The Silo Effect: The Peril of Expertise and the Promise of Breaking Down Barriers

By Gillian Tett

From award-winning columnist and journalist Gillian Tett comes a brilliant examination of how our tendency to create functional departments--silos--hinders our work. . . and how some people and organizations can break those silos down to unleash innovation. One of the characteristics of industrial age enterprises is that they are organized around functional departments.

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Book Information

Publisher: Simon & Schuster
Publish Date: 09/01/2015
Pages: 304
ISBN-13: 9781451644739
ISBN-10: 1451644736
Language: English

What We're Saying

November 11, 2015

Our General Manager Sally takes a look at the Leadership & Management category of The 2015 800-CEO-READ Business Book Awards longlist. READ FULL DESCRIPTION

November 03, 2015

These 40 books—five selections across eight distinct categories—make up the 800-CEO-READ Business Book Awards Longlist. READ FULL DESCRIPTION

September 24, 2015

In her new book, Gillian Tett teaches us how to master silos so that they won't master us. READ FULL DESCRIPTION

September 02, 2015

Gillian Tett shows how our tendency to create silos hinders our work, and how some people and organizations can break those silos down. READ FULL DESCRIPTION

Full Description

From award-winning columnist and journalist Gillian Tett comes a brilliant examination of how our tendency to create functional departments--silos--hinders our work...and how some people and organizations can break those silos down to unleash innovation. One of the characteristics of industrial age enterprises is that they are organized around functional departments. This organizational structure results in both limited information and restricted thinking. The Silo Effect asks these basic questions: why do humans working in modern institutions collectively act in ways that sometimes seem stupid? Why do normally clever people fail to see risks and opportunities that later seem blindingly obvious? Why, as psychologist Daniel Kahneman put it, are we sometimes so "blind to our own blindness"? Gillian Tett, journalist and senior editor for the Financial Times, answers these questions by plumbing her background as an anthropologist and her experience reporting on the financial crisis in 2008. In The Silo Effect, she shares eight different tales of the silo syndrome, spanning Bloomberg's City Hall in New York, the Bank of England in London, Cleveland Clinic hospital in Ohio, UBS bank in Switzerland, Facebook in San Francisco, Sony in Tokyo, the BlueMountain hedge fund, and the Chicago police. Some of these narratives illustrate how foolishly people can behave when they are mastered by silos. Others, however, show how institutions and individuals can master their silos instead. These are stories of failure and success. From ideas about how to organize office spaces and lead teams of people with disparate expertise, Tett lays bare the silo effect and explains how people organize themselves, interact with each other, and imagine the world can take hold of an organization and lead from institutional blindness to 20/20 vision.

About the Author

Gillian Tett oversees global coverage of the financial markets for the Financial Times , the world's leading newspaper covering finance and business.

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