-
What to Consider in International Structuring?
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
You can visit our website for more information about us.
https://offshorecitizen.net
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation...
published: 07 May 2019
-
Webinar: International Tax Structuring 101
Our Head of Tax David Sandison led a session on the fundamentals and building blocks for International structuring. Questions he covered:
- what are the different bases of taxation in an international context, and how do they interact?
- what is the importance (or otherwise) of tax residence?
- how can tax treaties help me?
- what are the building blocks of structuring cross-border investments?
- what are the current trends in tax planning, and does it have a future?
published: 02 Jul 2020
-
SFM Webinar: International Structuring in the UAE
A webinar you should not miss with world renowned Ras Al Khaimah Government Registrar, Deloitte, SFM Corporate Services and Clyde & Co. Join us as we discuss international structuring in the United Arab Emirates. This high-profile group discussion is aiming to give practical examples of how incorporated UAE companies and foundations transform into global structures. We will also explore incorporation trends that we are observing either locally or offshore, and give you insights on regulations.
Agenda
• Practical Examples
• Incorporation trends
• Regulations and reputation
• Q&A
---
ABOUT SFM:
SFM is the world's #1 Online Company Formation Provider.
----
For SFM Corporate Services reviews, please visit our website where hundreds of clients have left their reviews (all reviews have be...
published: 20 Jul 2020
-
International Tax Planning and Structuring for High-Net-Worth Individuals
Presented by Gary A. Forster, Esq.
www.ForsterBoughman.com
In this seminar, we provide an overview of international tax and protective planning for high-net-worth individuals, including strategies for properly structuring and avoiding the expatriation tax and minimizing estate and gift tax obligations. Attendees will also learn about tax-efficient asset transfer strategies and offshore investment considerations.
published: 23 Mar 2023
-
[ Offshore Tax ] Let's talk about international tax structuring
[ Offshore Tax ] Let's talk about international tax structuring
Register now for the NOMAD OFFSHORE SUMMIT ⬇️ ⬇️
https://htj.tax/nomad-offshore-summit-2023
The Principal Purpose Test aims to tackle treaty abuse including treaty shopping, and it is based to some extent on the guiding principle of the 2003 OECD Commentary to art. 1 (para. 9.5).
In a nutshell, the PPT aims to deny tax treaty benefits in case of treaty abuse. It consists of three main elements:
A benefit under a tax treaty includes tax deduction, exemption, deferral, or refund. In the OECD Model, the benefit under the tax treaty is found in the provisions of Art. 6 to 22, art. 23, and art. 24 of the OECD Model Tax Treaty. In addition, it can include a tax-sparing credit (para. 175 Commentary to art. 29, 2017 OECD Model).
Sub...
published: 21 Oct 2022
-
Structuring International Business: Franchising, Licensing, Joint Ventures etc. CPA Exam Economics
In this session, I discuss how you can structure your international business such as licensing, franchising, joint ventures, direct foreign investment and global sourcing.
✔️Accounting students or CPA Exam candidates, check my website for additional resources: https://farhatlectures.com/
📧Connect with me on social media: https://linktr.ee/farhatlectures
#cpaexam #cpaexaminindia #accountingstudent
published: 02 Jul 2023
-
Talking Tax: structuring an international acquisition
Helena Kanczula, Tax Director at BKL, explains how we advised an overseas group on structuring and financing its acquisition of a UK-headed group.
https://www.bkl.co.uk/services/tax/
published: 04 Jul 2022
-
International Structuring in the UAE
International Structuring in the UAE
published: 16 Jul 2020
-
Three Structuring Options for International Business
Tax law has many exceptions for entrepreneurs restructuring or liquidating small- to medium-sized businesses with international operations. Russ discusses evolving options and solutions with Frank Landreneau, a Director and one of the faces of PKF Texas’ International Tax Team.
published: 24 Feb 2020
-
How Apple Is Organized for Innovation: The Functional Organization
When Steve Jobs arrived back at Apple in 1997, he laid off general managers of all business units and combined disparate functional departments into one functional organization. (Part 1 of 3)
This is part 1 of 3
Part 2--The Leadership Model: https://youtu.be/d5enAGG51PQ
Part 3--Leadership at Scale: https://youtu.be/hczW4Bqf3Qk
The adoption of a functional structure may have been unsurprising for a company of Apple’s size at the time. What is surprising—in fact, remarkable—is that Apple retains it today, even though the company is nearly 40 times as large in terms of revenue and far more complex than it was in 1998. Senior vice presidents are in charge of functions, not products. As was the case with Jobs before him, CEO Tim Cook occupies the only position on the organizational chart wher...
published: 27 Jan 2021
5:45
What to Consider in International Structuring?
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites ...
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
You can visit our website for more information about us.
https://offshorecitizen.net
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
https://wn.com/What_To_Consider_In_International_Structuring
Get personalized advice about tax, asset protection, offshore banking, residency, and citizenships: https://clarity.fm/michaelrosmer
You can visit our websites for more information about us: https://offshorecitizen.net & https://www.offshorecapitalist.com
Who are we and what do we do?
We are Offshore Citizen team. We help people become global: get a second passport, set up a second residency, pay less taxes, do banking abroad, etc.
You can visit our website for more information about us.
https://offshorecitizen.net
We have lots of interesting articles on different topics, we have relevant information up to date.
Author: Michael Rosmer
Feel free to join our community!
Don’t forget to subscribe to our channel
https://www.youtube.com/channel/UCZDToCpuHc4kEHDurkQpVPg?sub_confirmation=1
- published: 07 May 2019
- views: 553
1:07:04
Webinar: International Tax Structuring 101
Our Head of Tax David Sandison led a session on the fundamentals and building blocks for International structuring. Questions he covered:
- what are the differ...
Our Head of Tax David Sandison led a session on the fundamentals and building blocks for International structuring. Questions he covered:
- what are the different bases of taxation in an international context, and how do they interact?
- what is the importance (or otherwise) of tax residence?
- how can tax treaties help me?
- what are the building blocks of structuring cross-border investments?
- what are the current trends in tax planning, and does it have a future?
https://wn.com/Webinar_International_Tax_Structuring_101
Our Head of Tax David Sandison led a session on the fundamentals and building blocks for International structuring. Questions he covered:
- what are the different bases of taxation in an international context, and how do they interact?
- what is the importance (or otherwise) of tax residence?
- how can tax treaties help me?
- what are the building blocks of structuring cross-border investments?
- what are the current trends in tax planning, and does it have a future?
- published: 02 Jul 2020
- views: 569
1:08:10
SFM Webinar: International Structuring in the UAE
A webinar you should not miss with world renowned Ras Al Khaimah Government Registrar, Deloitte, SFM Corporate Services and Clyde & Co. Join us as we discuss in...
A webinar you should not miss with world renowned Ras Al Khaimah Government Registrar, Deloitte, SFM Corporate Services and Clyde & Co. Join us as we discuss international structuring in the United Arab Emirates. This high-profile group discussion is aiming to give practical examples of how incorporated UAE companies and foundations transform into global structures. We will also explore incorporation trends that we are observing either locally or offshore, and give you insights on regulations.
Agenda
• Practical Examples
• Incorporation trends
• Regulations and reputation
• Q&A
---
ABOUT SFM:
SFM is the world's #1 Online Company Formation Provider.
----
For SFM Corporate Services reviews, please visit our website where hundreds of clients have left their reviews (all reviews have been audited by Feefo.com). SFM's reputation is excellent with a client satisfaction rate of over 96%!
----
To find out more visit us on:
Our website: https://www.sfm.com
About SFM: https://www.sfm.com/offshore-trust
Our Jurisdictions: https://www.sfm.com/offshore-jurisdictions
Order Your Company: https://www.sfm.com/register-company-online
We serve thousands of clients around the globe who opted for our competitive pricing and unique personalized service.
Confidentiality is one of the most important aspects of our work. We protect the privacy of our customer and secure personal data through
Should you visit our various premises, we will be present to welcome you in the very best conditions; in Dubai, Geneva, Hong-Kong or in the Seychelles.
https://wn.com/Sfm_Webinar_International_Structuring_In_The_Uae
A webinar you should not miss with world renowned Ras Al Khaimah Government Registrar, Deloitte, SFM Corporate Services and Clyde & Co. Join us as we discuss international structuring in the United Arab Emirates. This high-profile group discussion is aiming to give practical examples of how incorporated UAE companies and foundations transform into global structures. We will also explore incorporation trends that we are observing either locally or offshore, and give you insights on regulations.
Agenda
• Practical Examples
• Incorporation trends
• Regulations and reputation
• Q&A
---
ABOUT SFM:
SFM is the world's #1 Online Company Formation Provider.
----
For SFM Corporate Services reviews, please visit our website where hundreds of clients have left their reviews (all reviews have been audited by Feefo.com). SFM's reputation is excellent with a client satisfaction rate of over 96%!
----
To find out more visit us on:
Our website: https://www.sfm.com
About SFM: https://www.sfm.com/offshore-trust
Our Jurisdictions: https://www.sfm.com/offshore-jurisdictions
Order Your Company: https://www.sfm.com/register-company-online
We serve thousands of clients around the globe who opted for our competitive pricing and unique personalized service.
Confidentiality is one of the most important aspects of our work. We protect the privacy of our customer and secure personal data through
Should you visit our various premises, we will be present to welcome you in the very best conditions; in Dubai, Geneva, Hong-Kong or in the Seychelles.
- published: 20 Jul 2020
- views: 1092
46:36
International Tax Planning and Structuring for High-Net-Worth Individuals
Presented by Gary A. Forster, Esq.
www.ForsterBoughman.com
In this seminar, we provide an overview of international tax and protective planning for high-net-wo...
Presented by Gary A. Forster, Esq.
www.ForsterBoughman.com
In this seminar, we provide an overview of international tax and protective planning for high-net-worth individuals, including strategies for properly structuring and avoiding the expatriation tax and minimizing estate and gift tax obligations. Attendees will also learn about tax-efficient asset transfer strategies and offshore investment considerations.
https://wn.com/International_Tax_Planning_And_Structuring_For_High_Net_Worth_Individuals
Presented by Gary A. Forster, Esq.
www.ForsterBoughman.com
In this seminar, we provide an overview of international tax and protective planning for high-net-worth individuals, including strategies for properly structuring and avoiding the expatriation tax and minimizing estate and gift tax obligations. Attendees will also learn about tax-efficient asset transfer strategies and offshore investment considerations.
- published: 23 Mar 2023
- views: 46
5:01
[ Offshore Tax ] Let's talk about international tax structuring
[ Offshore Tax ] Let's talk about international tax structuring
Register now for the NOMAD OFFSHORE SUMMIT ⬇️ ⬇️
https://htj.tax/nomad-offshore-summit-2023
Th...
[ Offshore Tax ] Let's talk about international tax structuring
Register now for the NOMAD OFFSHORE SUMMIT ⬇️ ⬇️
https://htj.tax/nomad-offshore-summit-2023
The Principal Purpose Test aims to tackle treaty abuse including treaty shopping, and it is based to some extent on the guiding principle of the 2003 OECD Commentary to art. 1 (para. 9.5).
In a nutshell, the PPT aims to deny tax treaty benefits in case of treaty abuse. It consists of three main elements:
A benefit under a tax treaty includes tax deduction, exemption, deferral, or refund. In the OECD Model, the benefit under the tax treaty is found in the provisions of Art. 6 to 22, art. 23, and art. 24 of the OECD Model Tax Treaty. In addition, it can include a tax-sparing credit (para. 175 Commentary to art. 29, 2017 OECD Model).
Subjective element: Tax administrations need to reasonably conclude, having considered all relevant facts and circumstances, that obtaining the benefit was one of the principal purposes of any arrangement or transaction that resulted directly or indirectly in that benefit.
Objective element: The taxpayer needs to establish that granting said benefit in these circumstances would be in accordance with the object and purpose of the treaty's provisions.
----------------------------------------------
OUR CHANNEL OFFERS:
- Updated daily, we help 6, 7, and 8-figure International Entrepreneurs, Expats, Digital Nomads, and Investors legally minimize their global tax burden and protect their wealth.
- Join Amazon's best-selling author, Derren Joseph, in exploring the offshore financial world.
SUBSCRIBE TO OUR CHANNEL FOR MORE FREE INFORMATION:
https://www.youtube.com/c/TaxesforInternationalEntrepreneursandExpats?sub_confirmation=1
--------------------------------------------------
WATCH OTHER VIDEOS:
https://youtu.be/DGAnFCsQ_Lg
https://youtu.be/SSd1BFyH8Ss
https://youtu.be/3kvARTVLoUs
--------------------------------------------------
Here are 4 ways we can help you:
SIGN UP for free webinars on US Expat Taxes and International Entrepreneur Taxes: https://htj.tax/events/
STREAM premium educational videos: https://htj.tax/youtube/
CONTACT us for tax optimization consults over Zoom: https://www.htj.tax/contact/
High Net Worth? We can QUOTE for doing your "US-International" tax returns.
FOR MORE DETAILS, CONNECT WITH US:
✉ Contact us at help@advancedamericantax.com
--------------------------------------------------
FOLLOW US ON:
🌍 Check our website: https://htj.tax/
🎙️ Listen to our podcast: https://podcast.htj.tax/
📸 Add us on Instagram: https://www.instagram.com/htj.tax/
🐦 Add us on Twitter: https://twitter.com/derren43/
📕 Add us on Facebook: https://www.facebook.com/htj.tax
💼 Contact Derren on LinkedIn: https://www.linkedin.com/in/derren-joseph-ea-0345332/
DERREN JOSEPH:
Yeah, someone is asking about aggressive tax planning. Well, about tax planning. Okay, let's, let's, let's face pass. The reality is that tax planning or tax Structuring suddenly has a negative connotation, not just because of the various leaks, you know, paradise papers, Panama papers, Pandora papers, or whatever. So they, it's not just a media thing, but in the minds of the policymakers as well as the various tax authorities, the whole idea of Structuring and some sort of arrangement to benefit for, just, just to exploit certain tax benefits or certain treating benefits, that's no longer, it's, it's, it's no longer passionate, you know, if, if we had this conversation maybe 20 years ago, 30 years ago, Yeah, absolutely right? You could set up shell companies and you could do this and that. But not in this, you know, not in 2022, as we head into 2023, you know, we'd be talking about principal purpose tests. There are so many anti-avoidance directors, especially within the EU. Economic substance is, you know, it's that that type of legislation, that requirement is being rolled out across most jurisdictions. And those jurisdictions that are hesitant, they're being put in hesitant to the extent that they still have like Offshore companies and zero tax, you know, where they may be viewed as tax havens. They're being put under pressure. So think Hong Kong and the United Arab Emirates are on a gray list. So this is real, this is real. And you can see that most jurisdictions are coming on board and heading in that direction. I moving away from zero tax to putting certain measures in place to ensure that there's this principle, the idea of money should be taxed somewhere. So that's, that, that's, you ask my perspective, that is my perspective. The days of aggressive tax planning is, are over. And various jurisdictions are looking at arrangements and they're putting rules in place.
#taxInternationally #internationaltax #expatTaxes #taxes #internationalbusiness #offshore #expats #investors #offshorecitizen #nomadcapitalist #flagtheory #InternationalEntrepreneur #irs #offshorebanking #ibc #offshorecompany
https://wn.com/Offshore_Tax_Let's_Talk_About_International_Tax_Structuring
[ Offshore Tax ] Let's talk about international tax structuring
Register now for the NOMAD OFFSHORE SUMMIT ⬇️ ⬇️
https://htj.tax/nomad-offshore-summit-2023
The Principal Purpose Test aims to tackle treaty abuse including treaty shopping, and it is based to some extent on the guiding principle of the 2003 OECD Commentary to art. 1 (para. 9.5).
In a nutshell, the PPT aims to deny tax treaty benefits in case of treaty abuse. It consists of three main elements:
A benefit under a tax treaty includes tax deduction, exemption, deferral, or refund. In the OECD Model, the benefit under the tax treaty is found in the provisions of Art. 6 to 22, art. 23, and art. 24 of the OECD Model Tax Treaty. In addition, it can include a tax-sparing credit (para. 175 Commentary to art. 29, 2017 OECD Model).
Subjective element: Tax administrations need to reasonably conclude, having considered all relevant facts and circumstances, that obtaining the benefit was one of the principal purposes of any arrangement or transaction that resulted directly or indirectly in that benefit.
Objective element: The taxpayer needs to establish that granting said benefit in these circumstances would be in accordance with the object and purpose of the treaty's provisions.
----------------------------------------------
OUR CHANNEL OFFERS:
- Updated daily, we help 6, 7, and 8-figure International Entrepreneurs, Expats, Digital Nomads, and Investors legally minimize their global tax burden and protect their wealth.
- Join Amazon's best-selling author, Derren Joseph, in exploring the offshore financial world.
SUBSCRIBE TO OUR CHANNEL FOR MORE FREE INFORMATION:
https://www.youtube.com/c/TaxesforInternationalEntrepreneursandExpats?sub_confirmation=1
--------------------------------------------------
WATCH OTHER VIDEOS:
https://youtu.be/DGAnFCsQ_Lg
https://youtu.be/SSd1BFyH8Ss
https://youtu.be/3kvARTVLoUs
--------------------------------------------------
Here are 4 ways we can help you:
SIGN UP for free webinars on US Expat Taxes and International Entrepreneur Taxes: https://htj.tax/events/
STREAM premium educational videos: https://htj.tax/youtube/
CONTACT us for tax optimization consults over Zoom: https://www.htj.tax/contact/
High Net Worth? We can QUOTE for doing your "US-International" tax returns.
FOR MORE DETAILS, CONNECT WITH US:
✉ Contact us at help@advancedamericantax.com
--------------------------------------------------
FOLLOW US ON:
🌍 Check our website: https://htj.tax/
🎙️ Listen to our podcast: https://podcast.htj.tax/
📸 Add us on Instagram: https://www.instagram.com/htj.tax/
🐦 Add us on Twitter: https://twitter.com/derren43/
📕 Add us on Facebook: https://www.facebook.com/htj.tax
💼 Contact Derren on LinkedIn: https://www.linkedin.com/in/derren-joseph-ea-0345332/
DERREN JOSEPH:
Yeah, someone is asking about aggressive tax planning. Well, about tax planning. Okay, let's, let's, let's face pass. The reality is that tax planning or tax Structuring suddenly has a negative connotation, not just because of the various leaks, you know, paradise papers, Panama papers, Pandora papers, or whatever. So they, it's not just a media thing, but in the minds of the policymakers as well as the various tax authorities, the whole idea of Structuring and some sort of arrangement to benefit for, just, just to exploit certain tax benefits or certain treating benefits, that's no longer, it's, it's, it's no longer passionate, you know, if, if we had this conversation maybe 20 years ago, 30 years ago, Yeah, absolutely right? You could set up shell companies and you could do this and that. But not in this, you know, not in 2022, as we head into 2023, you know, we'd be talking about principal purpose tests. There are so many anti-avoidance directors, especially within the EU. Economic substance is, you know, it's that that type of legislation, that requirement is being rolled out across most jurisdictions. And those jurisdictions that are hesitant, they're being put in hesitant to the extent that they still have like Offshore companies and zero tax, you know, where they may be viewed as tax havens. They're being put under pressure. So think Hong Kong and the United Arab Emirates are on a gray list. So this is real, this is real. And you can see that most jurisdictions are coming on board and heading in that direction. I moving away from zero tax to putting certain measures in place to ensure that there's this principle, the idea of money should be taxed somewhere. So that's, that, that's, you ask my perspective, that is my perspective. The days of aggressive tax planning is, are over. And various jurisdictions are looking at arrangements and they're putting rules in place.
#taxInternationally #internationaltax #expatTaxes #taxes #internationalbusiness #offshore #expats #investors #offshorecitizen #nomadcapitalist #flagtheory #InternationalEntrepreneur #irs #offshorebanking #ibc #offshorecompany
- published: 21 Oct 2022
- views: 61
13:38
Structuring International Business: Franchising, Licensing, Joint Ventures etc. CPA Exam Economics
In this session, I discuss how you can structure your international business such as licensing, franchising, joint ventures, direct foreign investment and globa...
In this session, I discuss how you can structure your international business such as licensing, franchising, joint ventures, direct foreign investment and global sourcing.
✔️Accounting students or CPA Exam candidates, check my website for additional resources: https://farhatlectures.com/
📧Connect with me on social media: https://linktr.ee/farhatlectures
#cpaexam #cpaexaminindia #accountingstudent
https://wn.com/Structuring_International_Business_Franchising,_Licensing,_Joint_Ventures_Etc._Cpa_Exam_Economics
In this session, I discuss how you can structure your international business such as licensing, franchising, joint ventures, direct foreign investment and global sourcing.
✔️Accounting students or CPA Exam candidates, check my website for additional resources: https://farhatlectures.com/
📧Connect with me on social media: https://linktr.ee/farhatlectures
#cpaexam #cpaexaminindia #accountingstudent
- published: 02 Jul 2023
- views: 796
2:45
Talking Tax: structuring an international acquisition
Helena Kanczula, Tax Director at BKL, explains how we advised an overseas group on structuring and financing its acquisition of a UK-headed group.
https://www....
Helena Kanczula, Tax Director at BKL, explains how we advised an overseas group on structuring and financing its acquisition of a UK-headed group.
https://www.bkl.co.uk/services/tax/
https://wn.com/Talking_Tax_Structuring_An_International_Acquisition
Helena Kanczula, Tax Director at BKL, explains how we advised an overseas group on structuring and financing its acquisition of a UK-headed group.
https://www.bkl.co.uk/services/tax/
- published: 04 Jul 2022
- views: 174
8:27
Three Structuring Options for International Business
Tax law has many exceptions for entrepreneurs restructuring or liquidating small- to medium-sized businesses with international operations. Russ discusses evolv...
Tax law has many exceptions for entrepreneurs restructuring or liquidating small- to medium-sized businesses with international operations. Russ discusses evolving options and solutions with Frank Landreneau, a Director and one of the faces of PKF Texas’ International Tax Team.
https://wn.com/Three_Structuring_Options_For_International_Business
Tax law has many exceptions for entrepreneurs restructuring or liquidating small- to medium-sized businesses with international operations. Russ discusses evolving options and solutions with Frank Landreneau, a Director and one of the faces of PKF Texas’ International Tax Team.
- published: 24 Feb 2020
- views: 85
4:36
How Apple Is Organized for Innovation: The Functional Organization
When Steve Jobs arrived back at Apple in 1997, he laid off general managers of all business units and combined disparate functional departments into one functio...
When Steve Jobs arrived back at Apple in 1997, he laid off general managers of all business units and combined disparate functional departments into one functional organization. (Part 1 of 3)
This is part 1 of 3
Part 2--The Leadership Model: https://youtu.be/d5enAGG51PQ
Part 3--Leadership at Scale: https://youtu.be/hczW4Bqf3Qk
The adoption of a functional structure may have been unsurprising for a company of Apple’s size at the time. What is surprising—in fact, remarkable—is that Apple retains it today, even though the company is nearly 40 times as large in terms of revenue and far more complex than it was in 1998. Senior vice presidents are in charge of functions, not products. As was the case with Jobs before him, CEO Tim Cook occupies the only position on the organizational chart where the design, engineering, operations, marketing, and retail of any of Apple’s main products meet. In effect, besides the CEO, the company operates with no conventional general managers: people who control an entire process from product development through sales and are judged according to a P&L statement.
Based on the HBR article, “How Apple Is Organized for Innovation" by Joel M. Podolny and Morten T. Hansen: https://hbr.org/2020/11/how-apple-is-organized-for-innovation
---------------------------------------------------------------------
At Harvard Business Review, we believe in management. If the world’s organizations and institutions were run more effectively, if our leaders made better decisions, if people worked more productively, we believe that all of us — employees, bosses, customers, our families, and the people our businesses affect — would be better off. So we try to arm our readers with ideas that help them become smarter, more creative, and more courageous in their work. We enlist the foremost experts in a wide range of topics, including career planning, strategy, leadership, work-life balance, negotiations, innovation, and managing teams. Harvard Business Review empowers professionals around the world to lead themselves and their organizations more effectively and to make a positive impact.
Sign up for Newsletters: https://hbr.org/email-newsletters
Follow us:
https://hbr.org/
https://www.linkedin.com/company/harvard-business-review/
https://www.facebook.com/HBR/
https://twitter.com/HarvardBiz
https://www.instagram.com/harvard_business_review
https://wn.com/How_Apple_Is_Organized_For_Innovation_The_Functional_Organization
When Steve Jobs arrived back at Apple in 1997, he laid off general managers of all business units and combined disparate functional departments into one functional organization. (Part 1 of 3)
This is part 1 of 3
Part 2--The Leadership Model: https://youtu.be/d5enAGG51PQ
Part 3--Leadership at Scale: https://youtu.be/hczW4Bqf3Qk
The adoption of a functional structure may have been unsurprising for a company of Apple’s size at the time. What is surprising—in fact, remarkable—is that Apple retains it today, even though the company is nearly 40 times as large in terms of revenue and far more complex than it was in 1998. Senior vice presidents are in charge of functions, not products. As was the case with Jobs before him, CEO Tim Cook occupies the only position on the organizational chart where the design, engineering, operations, marketing, and retail of any of Apple’s main products meet. In effect, besides the CEO, the company operates with no conventional general managers: people who control an entire process from product development through sales and are judged according to a P&L statement.
Based on the HBR article, “How Apple Is Organized for Innovation" by Joel M. Podolny and Morten T. Hansen: https://hbr.org/2020/11/how-apple-is-organized-for-innovation
---------------------------------------------------------------------
At Harvard Business Review, we believe in management. If the world’s organizations and institutions were run more effectively, if our leaders made better decisions, if people worked more productively, we believe that all of us — employees, bosses, customers, our families, and the people our businesses affect — would be better off. So we try to arm our readers with ideas that help them become smarter, more creative, and more courageous in their work. We enlist the foremost experts in a wide range of topics, including career planning, strategy, leadership, work-life balance, negotiations, innovation, and managing teams. Harvard Business Review empowers professionals around the world to lead themselves and their organizations more effectively and to make a positive impact.
Sign up for Newsletters: https://hbr.org/email-newsletters
Follow us:
https://hbr.org/
https://www.linkedin.com/company/harvard-business-review/
https://www.facebook.com/HBR/
https://twitter.com/HarvardBiz
https://www.instagram.com/harvard_business_review
- published: 27 Jan 2021
- views: 194888