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The Silo Effect: Why putting everything in its place isn't such a bright idea by [Gillian Tett]

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The Silo Effect: Why putting everything in its place isn't such a bright idea Kindle Edition

4.2 out of 5 stars 207 ratings

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From the Inside Flap

Ever since civilised society began, we have felt the need to classify, categorise and specialise. It can make things more efficient, and help give the leaders of any organisation a sense of confidence that they have the right people focusing on the right tasks. But it can also be catastrophic, leading to unnecessary internal competition and a resistance to sharing new ideas. Most importantly it can lead to a structural haze, with the full picture of where an organization is heading hidden from view. It is incredibly widespread: the chances are these 'silos' are rife in any organisation that features in your life, whether your business, or your local school or hospital.

Across industries and cultures, as this brilliant and penetrating books shows, these silos have the power to collapse companies and destabilize financial markets, yet they still dominate the workplace. They blind and confuse us, often making modern institutions collectively act in risky, silly, and damaging ways.

Gillian Tett has spent years covering financial markets and business, but she's also a trained anthropologist, having completed a doctorate at Cambridge University and conducted field work in Tibet and Tajikistan. She's no stranger to questioning the assumptions and practices of a culture. Those in question - financial trading desks, urban police forces, surgical teams within medical clinics, software debuggers and consumer product engineers - have practices and rituals as ordered and intricate as those of any far-flung tribe.

In The Silo Effect, she uses an anthropological lens to explore how individuals, teams and whole organizations often work in silos of thought, process and product. With examples drawn from a range of fascinating areas from the New York Fire Department and Facebook to the Bank of England and Sony, these narratives illustrate not just how foolishly people can behave when they are mastered by silos but also how the brightest institutions and individuals can master them. The Silo Effect is a sharp, visionary and inspiring work with the insight, prescriptions and power to remove our organisational blinders and transform the way we think for the better.

--This text refers to an out of print or unavailable edition of this title.


Engagingly written, this is also a history of our need to classify the world and how that can be our downfall -- Hazel Davis ― The Times

Here's a piece of advice: read
The Silo Effect, if only because your boss may already be immersed in Gillian Tett's latest study on how organisations can go badly awry. You would not want to be caught unawares, now, would you? Also, you might be missing something rather brilliant. Yes, honestly . . . Tett's anthropological approach adds academic rigour and richness' -- Anne Ashworth ― The Times

A profound idea, richly analyzed ―
Wall Street Journal (Europe)

Highly intelligent, enjoyable and enlivened by a string of vivid case studies. It is also genuinely important . . . her prescription for curing the pathological silo-isation of business and government is refreshingly unorthodox and, in my view, convincing -- Felix Martin ―
Financial Times

This is not just a business book ―
The Economist

Gillian Tett is a gifted, innovative and informative writer . . . Tett writes beautifully and her book is full of insights. Those who do not know her work should make up for the oversight -- Vince Cable ―
New Statesman

Supremely wise -- Rohan Silva ―
Evening Standard

Useful for work - and for life -- Anne Ashworth ―
The Times --This text refers to the paperback edition.

Product details

  • ASIN ‏ : ‎ B00GFHG2CM
  • Publisher ‏ : ‎ Little, Brown Book Group (27 August 2015)
  • Language ‏ : ‎ English
  • File size ‏ : ‎ 582 KB
  • Text-to-Speech ‏ : ‎ Enabled
  • Screen Reader ‏ : ‎ Supported
  • Enhanced typesetting ‏ : ‎ Enabled
  • X-Ray ‏ : ‎ Enabled
  • Word Wise ‏ : ‎ Enabled
  • Print length ‏ : ‎ 305 pages
  • Customer Reviews:
    4.2 out of 5 stars 207 ratings

About the author

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Gillian Tett serves as the chair of the editorial board and editor-at-large, US of the Financial Times. She writes weekly columns, covering a range of economic, financial, political and social issues. She is also the co-founder of FT Moral Money, a twice weekly newsletter that tracks the ESG revolution in business and finance which has since grown to be a staple FT product.

Previously, Tett was the FT’s US managing editor from 2013 to 2019. She has also served as assistant editor for the FT’s markets coverage, capital markets editor, deputy editor of the Lex column, Tokyo bureau chief, Tokyo correspondent, London-based economics reporter and a reporter in Russia and Brussels.

Tett is the author of The Silo Effect, which looks at the global economy and financial system through the lens of cultural anthropology. She also authored Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe, a 2009 New York Times bestseller and Financial Book of the Year at the inaugural Spear’s Book Awards. Additionally, she wrote the 2003 book Saving the Sun: A Wall Street Gamble to Rescue Japan from its Trillion Dollar Meltdown. Her next book, Anthro-Vision, A New Way to See Life and Business will come out in June 2021.

Tett has received honorary degrees from the Carnegie Mellon, Baruch, the University of Miami in the US, and from Exeter, London and Lancaster University in the UK.

In 2014, Tett won the Royal Anthropological Institute Marsh Award. She has been named Columnist of the Year (2014), Journalist of the Year (2009)and Business Journalist of the Year (2008) at the British Press Awards, and won two awards from the Society of American Business and Economics Writers. Other awards include a President’s Medal by the British Academy (2011), and being recognized as Senior Financial Journalist of the Year (2007) by the Wincott Awards

Before joining the Financial Times in 1993, Tett was awarded a PhD in social anthropology from Cambridge University based on field work in the former Soviet Union. While pursuing the PhD, she freelanced for the FT and the BBC. She is a graduate of Cambridge University.

Customer reviews

4.2 out of 5 stars
4.2 out of 5
207 global ratings

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Top reviews from other countries

Hande Z
4.0 out of 5 stars Blinkers off
Reviewed in the United Kingdom 🇬🇧 on 10 September 2015
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16 people found this helpful
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William Jordan
3.0 out of 5 stars Case studies in silos and how to avoid them
Reviewed in the United Kingdom 🇬🇧 on 4 December 2015
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5 people found this helpful
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4.0 out of 5 stars A Great Primer
Reviewed in the United Kingdom 🇬🇧 on 10 October 2015
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14 people found this helpful
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Martin @B2BTechMark
4.0 out of 5 stars A good introduction to the dangers of siloes
Reviewed in the United Kingdom 🇬🇧 on 1 May 2019
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4.0 out of 5 stars Great book, some complicated words...
Reviewed in the United Kingdom 🇬🇧 on 20 October 2015
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