Managing through Networks in Investment Banking
研究了投资银行如何通过网络化组织结构、客户导向的评估体系和基于集体贡献的奖金激励来管理业务，并指出规模扩大和商业银行进入带来的挑战。
Investment bankers have developed management practices that are appropriate for their role in facilitating the flow of assets between issuers and investors. Flexible and dynamic network organizational structures enable firms to process unique deals and to adapt to changing circumstances. Client-oriented measurement systems emphasize the importance of serving customers to build market share in this service business. Rewards, in the form of large bonuses based on an assessment of an individual's contribution to collective outcomes, are a strong incentive for the needed high level of cooperation. The challenge for firms growing larger, more complex, and more geographically dispersed is to sustain these management practices. Commercial banks entering this business must learn a very different way of managing.