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Tips for Conducting Business Across Continents

Strategy Driven

Managing one location has it's own challenges like keeping up with all of your departments including Human Resources, sales, marketing and the like. With the development of modern business management solutions, it is easier than ever to stay connected with your teams all over the world. Can it be improved? About the Author.

Tips 50
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What GE’s Board Could Have Done Differently

Harvard Business Review

In my view, however, the structure and processes of the GE board were poorly designed for effectively overseeing Immelt and his management team. The Board Had No Finance Committee. GE’s board had another major structural defect: It lacked a finance committee. There were three problems in particular: The Board Was Too Big.

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How Companies Are Already Using AI

Harvard Business Review

For example, our survey, which asked managers of 13 functions, from sales and marketing to procurement and finance, to indicate whether their departments were using AI in 63 core areas, found AI was used most frequently in detecting and fending off computer security intrusions in the IT department. AI wasn’t new at Microsoft.

Company 11
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The Leadership Blind Spots at Wells Fargo

Harvard Business Review

Former employees have alleged a “soul-crushing” culture of fear and daily intimidation by managers, where they were pressured to reach extreme sales goals, some by breaking the law. Along with fixing the sales culture, the bank will have to address these critical management issues to prevent the next scandal.

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Why Greece and Cyprus May Be Better Off Without the Euro

Harvard Business Review

Although the Eurozone’s 19 finance ministers recently threw Greece a much-needed economic lifeline , and the latter repaid the first of four loan installments that it owes the IMF in March 2015, there’s no long-term relief in sight for the troubled economy. A managed exit from the common currency could alter that.

GDP 8
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How GE Applies Lean Startup Practices

Harvard Business Review

In 2008, GE corporate decided to invest $1 billion in the $5.6 They’re now working on version 8, which they will produce in October, and version 10, with better lighting, and there is a design projected for 2015. Vic Roos, Lead Purchasing Program Manager, explained, “We let a finance guy in the room.

Ries 9
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A Board Member’s Guide to Corporate Political Spending

Harvard Business Review

Supreme Court Justice John Paul Stevens wrote in the Citizens United campaign finance decision that “Business corporations must engage the political process in instrumental terms if they are to maximize shareholder value.” Experts predict it will surge even more in 2015-2016. Consider what Aetna faced in 2012.