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How to Discover Your Organization’s Deep Purpose

Skip Prichard

They make sure to embed their purpose in the very operating system of their organizations. Deep purpose leaders understand that this way of operating will inevitably lead to short-term trade-offs among stakeholders, including customers, employees, suppliers, investors and society at large. . ” -Ranjay Gulati.

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Reinvent Your Company Through Culture

Harvard Business Review

In the course of leading six successful turnarounds and transformations at Schering-Plough, Pharmacia, Pharmacia and Upjohn, Wyeth, and two operating units within Novartis, I''ve learned that culture can be powerfully leveraged to enhance long-term success. Yet many executives don''t make culture a priority.

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Expert Q&A: Understanding the DOL’s Overtime Rules

HR Digest

This threshold has been raised from the previous limit of $455 per week of 40 hours, which was set in 2004. Non-managerial employees in maintenance, construction, carpenters, electricians, mechanics, plumbers, ironworkers, craftsmen, operating engineers, and longshoremen, all qualify. It is estimated that 1.3

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Take Your Show on the Road

Harvard Business Review

A food company, for example, outfits vehicles with entire kitchens to demonstrate the most effective and creative ways to use its specialty food ingredients in food service operations. Many products can be complicated to operate or dangerous if used incorrectly, and a van can save a customer from traveling to a training center.

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Is Your Supply Chain Ready for the Congestion Crisis?

Harvard Business Review

For instance, the average transit times to move containers from the ports of Los Angeles and Long Beach to Chicago grew from 84 hours at the end of 2004 to 120 hours by early 2015. The Future of Operations. Insight Center. Sponsored by GE Corporate. The technologies and trends shaping tomorrow’s businesses.

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Midsized Firms Can Survive a Cash Crisis

Harvard Business Review

Operational meltdowns can devour a midsized company’s cash. Retailers halted construction on new stores and shuttered underperforming ones. To use a different company example, one growing financial services firm’s new CFO learned this in 2004. Not growth, or even profits. Then, the great downturn hit.

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A Friend’s Support Can Make Women Better Entrepreneurs

Harvard Business Review

In India, for example, these home-based businesses are usually comprised of one or two family members and specialize in trades such as making incense sticks, vegetable vending, and construction work. The key limitation of our study is that while the evidence on goal-setting is enticing, we cannot know exactly how peer effects operate.