article thumbnail

Your Strategy Has to Be Flexible — But So Does Your Execution

Harvard Business Review

Emphasizing compliance with a plan can, under stable conditions, accelerate fruition of a strategy. A famous example is YouTube, which began as a video dating site back in 2005. In the first, it centers on compliance to a pre-determined plan, in the latter on decentralized initiative taking and experimentation. Insight center.

article thumbnail

IBM Focuses HR on Change

Harvard Business Review

In their role of stewards of policy compliance, they can tend to be a brake on change. HR has helped the organization absorb more than 125 acquisitions since 2000 , and integrate globally, saving $6 billion since 2005. diversity' tends to be programs and policies around ethnic identity and gender. But not at IBM.

article thumbnail

Jamie Dimon’s Pay Raise Sends Mixed Signals on Culture and Accountability

Harvard Business Review

Dimon’s raise obviously has special resonance because JP Morgan’s legal woes were one of the top business stories last year as it agreed to $20 billion in payments to settle a variety of cases involving the bank’s conduct since 2005 when Dimon became JPM CEO.