Strategy Driven

MARCH 10, 2011

Williams Professor of Business Administration at the Harvard Business School, explains why management teams must ask themselves tough strategy questions. how executives should decide which few metrics to focus on. how executives should decide which few metrics to focus on. Copyright 2007-2011 by StrategyDriven, Inc.

Strategy 50

Strategy Simon Stress Metrics 50

Michael Lee Stallard

MAY 8, 2016

I expected Sloan Kettering would be a bleak environment that reeked of death and dying. By combining Value in the culture along with sound management practices, Dr. Pardes and his leadership team turned around the hospital system. billion in 2011. It was anything but. I’ll never forget our first visit. billion in 1999 to $3.7

Stress 150

Stress Bond Absenteeism System 150

Strategy Driven

MAY 8, 2011

How can you harness the total power of social media with Return-on-Investment (ROI) metrics that satisfy your CEO? Copyright 2007-2011 by StrategyDriven, Inc. Please consider the environment before and after printing this article. Leveraging the Power of Social Media. by Oracle Corporation. All rights reserved.

Media 50

Media White Paper Power Resources 50

Strategy Driven

SEPTEMBER 8, 2011

Act : How do we manage the journey? Enough detail is provided so that the reader can create performance metrics to measure for the existence of enabling organizational characteristics and performance improvement when the journey for excellence is undertaken. Copyright 2007-2011 by StrategyDriven, Inc. All rights reserved.

Competitive Advantage 50

Competitive Advantage Resources Organization Price 50

Strategy Driven

OCTOBER 31, 2011

Executives, managers, supervisors, and individual contributors are held accountable for their actions and contributes both positively and negatively. Please consider the environment before and after printing this article. This content is intended for personal and non-commercial use only. All rights reserved.

Metrics 50

Metrics Conflict of Interest Uncertainty Follow-up 50

N2Growth Blog

AUGUST 12, 2010

And as odd as it may sound, one of the greatest impediments to building productive teams is practicing management by consensus. This in turn leads to a very focused, coordinated, and ultimately a very passionate work environment.

Consensus 388

Consensus Team Building Blog Team 388

Strategy Driven

MARCH 21, 2011

How to start measuring the factors that are most critical to the success of the business and identify the metrics that express them. For well over a century managers have achieved increasing productivity on ever larger scales by dividing and subdividing work into smaller and smaller units. Most companies get metrics all wrong.

Hammer 50

Hammer Chief Executive Officer Metrics Process 50

Strategy Driven

NOVEMBER 9, 2011

In The Zig Zag Principle , Rich Christiansen applies a foundational law of nature to business management, entrepreneurship, goal-setting, and life in general as he explores why zigzagging toward our intended outcomes is far more effective than trying to bulldoze our way through whatever stands between us and our objectives.

Project 50

Project Wilde Entrepreneur Goal 50

Strategy Driven

JUNE 17, 2011

As the 16th Century navigator aligned his galleon with the stars and made constant adjustments to stay on course, align your organizational structure, employee and leadership competencies, products/services, governance and engagement models, and success metrics, with your vision and make adjustments as needed along the way.

Learning-by-Doing 62

Learning-by-Doing Industry Follow-up Skills 62

N2Growth Blog

NOVEMBER 23, 2010

The simple truth is that lowering standards is never a good thing in any environment. While my list had more "diversity" it was a larger list based upon specific metrics as the standard for qualification – diversity was not one of these metrics. Race or gender have nothing to do with blogging ability.

Diversity 350

Diversity Blog Leadership Learning-by-Doing 350

Strategy Driven

MARCH 28, 2011

Even if your corporate culture leaves a lot to be desired, managers can create a localized environment that inspires your employees to achieve peak performance. And please realize: A Players don’t just come from management ranks; there are outstanding players on your front line that deserve a chance to help you. Even managers.

Environment 70

Environment Covey Airlines Mission Statement 70

Harvard Business Review

JUNE 25, 2014

They are starting an estimated 1,288 companies each day, up from 602 in 2011-12. Yes, women are graduating from college in higher numbers than men and permeating the workforce — at least at the entry and middle management levels. The women who make it to leadership roles perform better than their male peers , by several metrics.

Middle Management 11

Middle Management Metrics Entrepreneur Consultative 11

Harvard Business Review

APRIL 21, 2014

As usual, we try to broaden the focus from the current buzz around corporate boards to the more relevant metric of the gender balance of executive committees. However, this is better than the 20% in 2011. Less than a third (29%) of European companies have at least two women on their Executive Committees. None have a female CEO.

Execution 12

Execution Committee Balanced Scorecard Globalization 12

Harvard Business Review

MAY 8, 2017

Whereas most business lists analyze companies by traditional metrics such as revenue or by subjective assessments such as “innovativeness,” our ranking evaluates the ability of leaders to strategically reposition the firm. We then narrowed the list to 18 finalists using three sets of metrics: New growth.

Franchising 15

Franchising CEO Business Model Strategy 15

CO2

JUNE 29, 2010

And perhaps more importantly, anyone occupying a position of authority plays a followership role at times, as first-line supervisors report to mid-level managers, mid-level managers report to vice-presidents, vice-presidents report to CEOs, CEOs report to Boards of Directors, etc.

Executive Coaching 129

Executive Coaching Execution Blog Self-aware 129

Strategy Driven

JUNE 20, 2011

The right metrics will serve you in enormously useful ways. Once the plan is set, the resources and funding are committed, and the action starts, there is mostly just feedback and response to the unknowns of the battle to be managed. Copyright 2007-2011 by StrategyDriven, Inc. Failing to measure what matters.

Team 50

Team Leadership Venture Capitalist Objective 50

Harvard Business Review

AUGUST 9, 2012

Third, in today's increasingly social media-infused environment, traditional marketing and sales not only doesn't work so well, it doesn't make sense. National Instruments used an especially creative approach with its customer influencers, who were mid-level IT managers at the companies they did business with.

Marketing 22

Marketing Social Capital Media Influence 22

Harvard Business Review

DECEMBER 9, 2015

The road map starts with creating an environment for frontline workers to imagine innovative new ways of delivering care. The reason we chose it was it had a wing where we could rebuild the physical environment — part of the change necessary to create the model cell. Tightening that ship will not get you to zero. Define the goal.

Health Care 8

Health Care Benchmarking Process Operations 8

Terry Starbucker

FEBRUARY 8, 2010

Home About Me About This Blog Starbucker’s Amazon Store TerryStarbucker.com Ramblings From a Glass Half Full The One Question Every Successful Leader Must Answer (Even Before It Is Asked) by Starbucker on February 8, 2010 The supervisor is frustrated – in his mind, he has done everything right to manage his team to a successful outcome.

Succession 284

Succession Simon Metrics Tactics 284

Harvard Business Review

OCTOBER 23, 2013

From 2006 to 2011, the number of startups founded and funded outside of California, Massachusetts, and New York has grown by almost 65%. But it is an important metric. For startups outside of those cities, that means there is a smaller pool of locally-managed dollars to chase for your startup. It takes longer to raise money.

IPO 9

IPO Venture Capitalist Entrepreneur Competitive Advantage 9

Harvard Business Review

FEBRUARY 14, 2013

First, I examined the social media networks of a sample of social entrepreneurs who applied to participate in the 2010 or 2011 summer accelerator programs run by the Unreasonable Institute. And these results are consistent across three different datasets. Its stellar social performance is reflected in a current B Rating of 161.

Entrepreneur 8

Entrepreneur Sample Follow-up Metrics 8

Terry Starbucker

JANUARY 3, 2010

Make a mental note to recreate this “listening environment&# every time you are in the presence of your teammates. Sometimes as managers we get too caught up in the big picture and forget to focus on the details. This approach also considers implications for the environment and results in pro?table

Leadership 418

Leadership Ethics Course Learning-by-Doing 418

Harvard Business Review

NOVEMBER 1, 2011

But what should take the place of that alpha metric as a better indicator of economic health? Today, the Legatum Institute releases its 2011 Index, and we were eager to know what might have changed. It reveals that the components within our Entrepreneurship & Opportunity sub-index are very important for increasing national prosperity.

GDP 11

GDP Social Capital Globalization Entrepreneur 11

Harvard Business Review

MAY 24, 2017

Today’s executives spend a lot of time managing the balance sheet, despite the fact that it doesn’t represent their company’s scarcest resource. Financial capital is abundant but carefully managed; human capital is scarce but not carefully managed. How can we manage human capital better? Measure it.

Human Capital 15

Human Capital Management Company ROCE 15

Harvard Business Review

NOVEMBER 23, 2016

In 2011, when I came to Centura Health in Colorado as President of its largest operating group (Mountains and North Denver Operating Group or MNDOG) and CEO of its flagship health organization, Saint Anthony Hospital, I saw a clear mandate for change. They’ve lived through tumultuous times before and the status quo has always returned.

Health Care 8

Health Care How To Operations Quality 8

Harvard Business Review

OCTOBER 21, 2016

These require sophisticated, sustainability-based management. ” Improving risk management. Managing risks therefore requires making investment decisions today for longer-term capacity building and developing adaptive strategies. Investing in sustainability is not only a risk management tool; it can also drive innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Strategy Driven

DECEMBER 15, 2010

Every performance management paradigm, every mission statement, could point to a different definition of success – and therefore to a different way to “optimally” allocate resources. How do you optimize resources in poorly defined decision-making environments – or in cases where scenarios are well-defined or ineffective?

Resources 50

Resources Process Constraint Objective 50

Harvard Business Review

JANUARY 7, 2016

population growth between 2011 and 2050. Here are three steps — based on both my academic research and my consulting work — that managers can take to increase discussion, decrease fear of saying the “wrong thing,” and avoid sidestepping conflict: 1. Embrace and reframe conflict.

Management 8

Management Diversity Self-aware Long-term 8

Harvard Business Review

SEPTEMBER 20, 2017

As Darrell Rigby argued in a 2011 HBR article , every 50 years the retail industry goes through a major disruption. This is the environment in which Toys “R” Us thrived. Cash registers were plentiful and easy to find, and success was measured with metrics like sales per square foot and average size of transaction.

Retail 9

Retail Blue Ocean Strategy Mauborgne Comparison 9

Harvard Business Review

MAY 10, 2013

One of the dilemmas of firms in rapidly transforming environments is that their ownership structure may get in the way of making tough decisions. As noted management expert Geoffrey Moore told me with respect to high-velocity competition, "I''m not sure you ever want to be in the public markets." Take Motorola, for instance.

Venture Capitalist 8

Venture Capitalist Restructuring Competitive Advantage Short-term 8

Harvard Business Review

JULY 31, 2015

I had been a member of the board since 2011 and loved the brand and everything it stood for. On my first day, I confessed to the entire home office and field management team that I was the least qualified person to run the business. I did not want the company to liquidate. I decided I’d give it six months and my best shot.

Fashion 8

Fashion Operations Brand Retail 8

Harvard Business Review

JUNE 26, 2017

“I think we have a shot at building the best office building in the world” were the words Steve Jobs used to describe Apple’s new headquarters in 2011. When it comes to Apple Park, however, the metrics used to measure the reported $5 billion investment appear more complex and nuanced.

Real Estate 8

Real Estate Technology Hedge Project 8

Strategy Driven

SEPTEMBER 9, 2011

Many people do not typically think of metrics and accounting as roadblocks to innovation, yet you call these out as potential problem areas. Many conventional metrics we use to estimate value are based on faulty assumptions. Net present value [NPV] is a case in point. How do they do it? How can the doctor get that done?

Innovation 50

Innovation NPV Business Model Constraint 50