I recently read an excellent book, Gary Hamel's The Future of Management. Essentially, he believes that corporate management approaches are antiquated. As a result, many companies are failing to innovate and grow.

But, Hamel has found a variety of companies that are building new management models. Of course, one is Google (NASDAQ: GOOG).

According to Hamel: "What makes Google unique is less its Web-centric business model, but rather its brink-of-chaos management model. Key components include a wafer-thin hierarchy, a dense network of lateral communication, a policy of giving outsized rewards to people who come up with outsized ideas, a team-focused approach to product development, and a corporate credo that challenges every employee to put the user first."

That's a lot, but it's working quite well so far.

So how can your company get some Google magic?

Let's take a look:

Continue reading Entrepreneur's Journal: Bringing Google magic to your company

Entrepreneur's Journal: Bringing Google magic to your company originally appeared on BloggingStocks on Sun, 22 Jun 2008 16:40:00 EST. Please see our terms for use of feeds.