article thumbnail

Salty to Sweet: The Transformation of Mount Franklin Foods

Change Starts Here

For Mount Franklin Foods, a candy and snack manufacturer headquartered in El Paso, Texas, the years leading up to 2011 were tumultuous. When CEO Gary Ricco joined the company in May of 2011, the company had struggled for years to turn a profit. They also created a scorecard to measure their performance against each objective.

article thumbnail

Performance Measurement

Strategy Driven

Since the unit’s reported financial results were so good, the executives at the corporate headquarters didn’t ask many questions about the drivers of the unit’s profits – until it was too late. Numerous organizations have subsequently advocated and implemented the balanced scorecard idea. Copyright (c) 2011.

ROIC 62
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Study: Female Executives Make Progress, But Mostly in Support Functions

Harvard Business Review

companies now have at least two women on their executive committees. My gender consultancy firm, 20-First, has just published its annual Gender Balance Scorecard ( pdf ) of the top 300 companies in the world across the US, Europe and Asia. However, this is better than the 20% in 2011. Sixty percent of the top U.S.

article thumbnail

Harvard Business Review on Aligning Technology with Strategy: A book review by Bob Morris

First Friday Book Synopsis

Harvard Business Review on Aligning Technology with Strategy Various Contributors Harvard Business Review Press (2011) How and why technology should support your organization’s strategy…not the other way around This is one of the volumes in a series of anthologies of articles that first appeared in Harvard Business Review.

Review 80
article thumbnail

With Change Agents, One Size Does Not Fit All

Harvard Business Review

He arrived as President at Quaker Foods North America in 2011 to find a strong, trusted brand with nutritional oatmeal products, but he knew there was an opportunity to build upon the legacy of this iconic brand. Innovation managers execute improvements and simultaneously engage and develop people. Jose Luis Prado is a good example.