Harvard Business Review

NOVEMBER 6, 2014

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. This is a reminder that serious students of market performance take market failures seriously.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

NOVEMBER 6, 2014

But what many economists generally gloss over is a notion that I will argue is highly complementary to market failures: management failures. Businesses and management experts, in contrast, tend take the opposite position. This is a reminder that serious students of market performance take market failures seriously.

Management 8

Management Crisis Porter Credit Rating 8

Harvard Business Review

JULY 20, 2015

How can you use past financial data to inform your assumptions? This advice, adapted from the book Finance Basics , will help you better understand how to create a useful budget. As the table shows, the Standard Upright and the Moose Antler Standard exceeded sales expectations in 2014. Finance Basics (20-Minute Manager Series).

Budgeting 8

Budgeting Finance Cost Price 8

Strategy Driven

MARCH 6, 2014

“It’s a new financial world on the verge of a complete reorganization,” said Peter Kenny, managing director at Knight Equity Markets in Jersey City, New Jersey. Name and address information required. Copyright 2007-2014 by StrategyDriven Enterprises, LLC. But was it a new financial world? All rights reserved.

Insurance 54

Insurance Banking Crisis Discount 54

Harvard Business Review

NOVEMBER 7, 2018

More recently, it has gained attention as a way to finance new ventures, through what is known as an Initial Coin Offering (ICO). Less noticed, though, is ICOs appear almost antithetical to the standard approach to financing a risky venture. In fact, ICOs have upended the conventional pattern of staged experimentation and fundraising.

Cost 8

Cost Decentralization Finance Entrepreneur 8

Harvard Business Review

DECEMBER 23, 2016

This leaves operating managers, the ultimate “consumers” of talent, to choose between two talent acquisitions methods (or “sourcing channels”): Either engage HR to acquire employees or engage Procurement to acquire contingent workers. Consider the case of a fast-growing biopharmaceutical company.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

JULY 11, 2017

billion in 2014 to help it make the leap from a traditional advertising company to a digital one. Doing digital M&A right means upending the way most companies approach financing, due diligence, and merger integration. Let’s start with financing the deal. So, what do you need to know to get up the learning curve?

Due Diligence 8

Due Diligence Company Learning Curve Finance 8

Harvard Business Review

DECEMBER 16, 2016

But as investors gained access to troves of information through the internet, and made more informed decisions on their own, financial services had no choice but to evolve. Pillpack , a digital pharmacy “designed around your life,” turned the complex business of managing multiple prescriptions into an easy-to-use product.

Health Care 8

Health Care Insurance Wireless Cost 8

Harvard Business Review

DECEMBER 22, 2014

While M&A may improve the efficiency of shared services such as human resources and finance, it may actually make it more difficult to improve the coordination of care. The web-based information system can deliver Mayo’s clinical knowledge to desktop computers or mobile devices. But consolidation does not ensure integration.

Health Care 8

Health Care Mayo Due Diligence Human Resources 8

Harvard Business Review

JULY 29, 2014

In the July/August issue of HBR , Ram Charan argues that the Chief Human Resources Officer (CHRO) role should be eliminated, with HR responsibilities funneled in two separate directions — administration , led by traditional HR-types, reporting to the CFO; and talent strategy , led by high-potential line managers, reporting to the corner office.

CFO 9

CFO Charan Intangible Assets Human Resources 9

Harvard Business Review

JUNE 16, 2016

In July 2015, Novartis launched its new heart failure drug, Entresto, which Forbes in 2014 predicted would be a blockbuster — with expected sales of $10 billion annually — as the potential market in the US exceeds 5 million people with a heart failure condition. What builds management perspectives? Laura Schneider for HBR.

Planning 8

Planning Competitive Intelligence Pharmaceuticals Brand 8

Harvard Business Review

MARCH 31, 2015

As a non-commercial, academic-based enterprise, we provide a neutral ground for accelerators to share confidential data, which allows us in return to provide the community with rank-based benchmarking and aggregate statistics without revealing confidential information about individual start-ups. billion, though only 3.5%

Finance 8

Finance Entrepreneur Survey Participative 8

Harvard Business Review

APRIL 5, 2018

In 2014 a graduate student at Stanford named Etosha Cave and two colleagues began their entrepreneurial journey. Disappointed, but still determined, Etosha got a break when she attended a cleantech event hosted by the TomKat Center for Sustainable Energy in the summer of 2014. The Hard Road of Hard Tech. ” An Alternative Path.

Technology 8

Technology Venture Funding Venture Capitalist Entrepreneur 8

Harvard Business Review

DECEMBER 4, 2018

The ones that manage to escape are discount chains —such as T. And so Harry’s has been growing 35% year-on-year between 2014 to 2016, three times faster than the industry average , commanding 9% of all online razor sales. But inside P&G, managers had feared the new products might cannibalize their beloved Ivory soap.

Brand 9

Brand Retail Incubator Merchandising 9

Harvard Business Review

DECEMBER 7, 2016

In every organization and every sector, hiring managers want to find the best people they can. ” The World Economic Forum’s “21st Century Skills” report illustrates “a problem in skill supply,” with “more than a third of global companies report[ing] difficulties filling open positions in 2014.”

Budgeting 8

Budgeting Report Skills Finance 8

Harvard Business Review

APRIL 23, 2014

As the world becomes more digitized, generating more information surrounding products and services and speeding up processes, large and small companies in every industry, even manufacturing, are starting to compete more like the software industry, with short product lifecycles and rapid decision-making. We are all lean now — or soon will be.

Ries 9

Ries Waterman Finance Learning-by-Doing 9

Harvard Business Review

FEBRUARY 9, 2015

Its directors have turned over many times, of course, but Trian Fund Management, led by activist Nelson Peltz, is pressing for far more than a routine remake, demanding four seats of its own choosing at the table. companies in 2014 and show no signs of letting up in 2015. has renewed its product lines many times. Here’s why.

Airlines 8

Airlines CEO Automotive Long-term 8

Harvard Business Review

JUNE 29, 2015

If you ask someone who works in finance (as I had to) about PE and innovation, he or she will likely tell you that PE sponsors aren’t looking for the next big thing—they’re looking for companies that are dominant in a market, aren’t risky, and have a predictable and steady stream of cash to pay back debt.

LBO 8

LBO Innovation Sample Short-term 8

Harvard Business Review

APRIL 9, 2018

Ever since Adam Smith published The Wealth of Nations in 1776, observers have bemoaned boards of directors as being ineffective as both monitors and advisors of management. Alternatively, it could be that because of behavioral biases, management is not able to select effective directors as well as an algorithm.

Company 8

Company Kahneman Learning-by-Doing CEO 8

Harvard Business Review

DECEMBER 28, 2017

Even before announcing his new cabinet, Mnangagwa installed a key reformist, Patrick Chinamasa, as acting finance minister, tasked with tackling corruption and re-engaging with international institutions to unlock funds to ease liquidity shortages. Mnangagwa’s first actions in office underscore how important he views economic recovery.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

MARCH 24, 2016

In a paper in the Academy of Management Perspectives , summarized in a TEDx talk , I studied 28 years of data and found that firms with high employee satisfaction outperform their peers by 2.3% Some prior studies measure employee satisfaction by asking managers how much they care about their workers, which is prone to manipulation.

Long-term 8

Long-term Marketing Short-term Price 8

Harvard Business Review

FEBRUARY 10, 2015

Japan’s Ministry of Economy Trade and Industry published The Ito Review in 2014 which points to integrated reporting as a way to combat “short-termism.” Both SASB and the IIRC are promoting improved reporting of non-financial information so as to give a better, more holistic, picture of how the organization creates value.

Human Capital 8

Human Capital CFO Banking Report 8

Harvard Business Review

MARCH 14, 2016

We find that over the last decade, global flows of goods, services, finance, people, and data have contributed at least 10% of world GDP, adding $7.8 trillion in 2014 alone. Corporations generate a large share of internet traffic through private networks used to share information and manage their international operations.

Globalization 8

Globalization Supply Chain GDP Operations 8

Harvard Business Review

SEPTEMBER 19, 2014

Informal retail and cash purchases are the norm, and that has its risks and costs. They set up a digital payment network and mechanism for a merchant to accept digital payment, and then they offer Business OS tools to manage everything from analytics to credit to marketing to supplier payments. Finance Global business Technology'

Banking 8

Banking Retail Wireless Operations 8

Harvard Business Review

DECEMBER 15, 2015

I’d like to share what I learned while leading an SBM — to help other states as they navigate the health insurance landscape and, more broadly, to inform health-system leaders, employers, and policy makers about the challenges SBMs face and the solutions they’re developing. The average credit was $270 per month.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

OCTOBER 3, 2014

Of all the generations alive today, millennials are the most willing to trade financial return for greater social impact, according to “ Millennials and Money ,” a 2014 study from Merrill Lynch’s Private Banking and Investment Group. Corporate social responsibility Finance Generational issues' According to another study, U.S.

Banking 8

Banking Commitment Class Entrepreneur 8

Harvard Business Review

MAY 15, 2014

The report describes the company’s governance response and changed compliance framework — from holding 20 audit committee meetings in 2014, to substantial organizational restructuring, to enhanced education and training. Also at issue are what and when management told the board and what processes the board had for oversight.

Compliance 8

Compliance Committee Globalization CEO 8

Harvard Business Review

APRIL 1, 2014

I started out in finance but then…”. Recently, New York Times columnist David Brooks reflected on Sting’s talk at the 2014 TED conference, in which he revisited his childhood as a middle-aged man, seeking inspiration from some of his earliest experiences. Career planning Managing yourself'

Career 9

Career Participative Learning-by-Doing Workshop 9

Harvard Business Review

APRIL 26, 2016

Compared to professions like engineering or business disciplines like Finance or Operations, the concept of a dedicated salesperson is relatively recent. Now, however, students’ college and pre-MBA experience is more likely to be in a finance area or perhaps in coding. But a lot has changed.

Education 8

Education Levitt Retail Training 8

Harvard Business Review

FEBRUARY 7, 2017

And almost all of us have limits on our time and finances — due to kids, social organizations, work, and more — that make additional formal education impractical or impossible. In 2014 a CBRE report estimated that 50% of jobs would be redundant by 2025 due to technological innovation. Are they well-informed?

Education 8

Education Press Release Offshoring Learning-by-Doing 8

Harvard Business Review

JUNE 15, 2016

She informed the head of L’Oréal’s makeup division, who challenged her to come up with a solution. Sarah Windham, senior public relations manager in global tools and storage at Stanley Black & Decker, Inc., She found partners, attracted financing, and cultivated a community of internal supporters.

Bureaucracy 8

Bureaucracy Innovation Brand Competitive Advantage 8

Coaching Tip

JANUARY 29, 2014

Growth patterns are poised to be stronger in 2014 and beyond as the economy becomes more energized, which will in turn help to influence the creation of new jobs.” . Biggest losses: construction (-16% since 2009, a decline of 3,734 establishments); finance and insurance (-9%, decline of 1,143); real estate (-7%, decline of 484).

Real Estate 97

Real Estate Health Care Insurance Construction 97

Harvard Business Review

OCTOBER 27, 2014

He’s not a Steve Cohen , pushing at the edges of legality to get an information edge. billion in 2013, making him the fifth highest-paid fund manager in the land. After using borrowed money in the 1980s and 1990s, then opening up a hedge fund in 2004, he has since 2011 basically just been managing his own money.

Hedge 8

Hedge Venture Capitalist Letter Reputation 8

Harvard Business Review

APRIL 9, 2015

But while performance goals are always top of mind for managers , many overlook the role of employee work-life balance in driving that performance. My organization recently spent six weeks with 40 employees at Quest Diagnostics, a leader in diagnostic information services, including lab-based employee wellness services.

Project 8

Project Participative Goal ROI 8

Harvard Business Review

MAY 3, 2016

The firm’s unique data set comprises information on over 300 companies and nearly 600 founders, including founder characteristics such as age, gender, education, firm location, and prior work and startup experience. Employees there learn hard skills, such as project management, but also softer skills, such as politics and networking.

Succession 8

Succession Entrepreneur Stage-Gate Due Diligence 8

Harvard Business Review

JUNE 8, 2015

It’s a two-way flow of information from ideation to execution, and transparent: meetings, successes, and decisions are posted on an inter-company wiki. EB operates Ilum as a separate business, while still drawing on Merck’s established corporate resources in IT, finance, privacy, compliance, and legal.

Health Care 8

Health Care Venture Capitalist Strategic Fit Pharmaceuticals 8

Harvard Business Review

JUNE 8, 2017

HDP is a third-party administrator with expertise in the development and management of travel surgery programs, providing strategic and operational management of this program. An invitation-only request for information from ECEN leads to an extensive review of the system’s quality, outcomes, and patient satisfaction data.

Health Care 8

Health Care Participative System Cost 8