Meet the Street: Open Season at City Hall

Much as they did at his previous Park Avenue headquarters, the walls have come down at Michael Bloomberg's new place of employ.

The new mayor of New York moved his office out of the traditional mayor's quarters and into an open bullpen area surrounded by 30 of his closest aides, hoping to replicate the interactive and egalitarian style of management he used to create his tremendously successful financial information business.

Oren Harari, author of Leapfrogging the Competition, a book on Bloomberg's management principles, says that such approaches have become common at many successful companies, and reflect an ability to move quickly and innovatively, which investors would do well to look for in the companies they invest in. ...