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It seems Mr Buffett wants to prove that his methods are not just for him, but can be institutionalised and passed on to a new generation of managers under whom Berkshire Hathaway will continue to thrive.
But we must stubbornly defend the principles on which it was founded – redistribution, egalitarianism, collective provision, democratic accountability and participation, the right to education and healthcare – and find new ways in which they can be institutionalised and expressed.
Official development assistance is a good example of how ideas and beliefs can be institutionalised in international norms and regimes.
Mentoring arrangements are found to be mutually satisfying and can be institutionalised in organisations or integrated into programmes of cooperation.
Projects dealing with in-school youth can be institutionalised through negotiations with the educational authorities and can be scaled up in this manner.
While broader changes are needed to resolve gender disparities, practical steps can be institutionalised within health facilities to reduce, or avoid increasing, IPV pathways for women with HIV.
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Finally, it is argued that to overcome many of its limitations, stakeholder participation must be institutionalised, creating organisational cultures that can facilitate processes where goals are negotiated and outcomes are necessarily uncertain.
Our findings suggest quality improvement interventions featuring conventional, annual QI cycles can be comparably effective in achieving improvement in diabetes care and may be more likely to be institutionalised.
When he leaves he will be institutionalised.
To be complete, it needs to be institutionalised.
Freedom of speech should be institutionalised, not considered a luxury.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com