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Twenty-three oft of 24 economists told the Wall Street Journal that Yellen would be most adept at managing consensus – an important part of managing the feisty, outspoken Fed officials – while one supported Summers.
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"If I were confident that we were going to get a smooth recovery that is faster than it has been in the past few years, Janet, with her ability to manage consensus, would be a better choice," said J. Bradford DeLong, a professor at the University of California, Berkeley, who worked with Mr. Summers in the Treasury Department in the 1990s and has written academic papers with him.
Such structured group methods are based on the principle of collective intelligence [ 40], or group intelligence that emerges through managed consensus decision making [ 31].
12. S.W. Floyd and B. Woolridge, "Managing Strategic Consensus: The Foundations of Effective Implementation, Academy of Management Executivee (November 1992): 27 39.
For five years, I had gone along with those attitudes, managing by consensus.
The original contributions of the paper are seemed in both enhancing the theoretical frame of FAD in terms of managing group consensus and performing an application to a real case in maritime industry.
Managing by consensus can be slow, but having local shareholders and the government on board pays off in the long run.Employing and retaining clever and resilient people is also tricky.
He said he planned to manage by consensus.
AA's board ousted Jim Wadia, Mr Berardino's British predecessor although publicly he resigned, bizarrely claiming the arbitration was a "high-point" in his career.In contrast to Mr Wadia, who managed through consensus, Mr Berardino is a straight-talking New Yorker.
"But he has to manage by consensus".
"But he has to manage by consensus, and some of them [the board members] don't see how rapidly things are closing in on them".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com