Harvard Business Review

FEBRUARY 17, 2016

It removes a major source of cost/effort to both supplier and customer and relies on simply being smart with what you already have. Escalating healthcare costs — due in part to the explosion of chronic diseases among Americans — are expected to account for 20% of U.S. GDP by 2020.

Cost 8

Cost Globalization Innovation Banking 8

Harvard Business Review

JUNE 30, 2016

Zero-based budgeting (ZBB) is elegantly logical: Expenses must be justified for each new budget period based on demonstrable needs and costs, as opposed to the more common method of using last year’s budget as your starting point, then adjusting up or down. Who would argue that a business should not eliminate unjustifiable costs?

Zero Based Budgeting 14

Zero Based Budgeting Budgeting Supply Chain Company 14

Harvard Business Review

APRIL 14, 2017

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. Our research says otherwise.

Company 19

Company Survey Finance Engineering 19

Harvard Business Review

OCTOBER 17, 2018

Creating better outcomes at reduced cost. Despite this lack of focused attention toward development of leadership capabilities in trainees, evidence suggests that leadership quality affects patients, healthcare system outcomes, and finances alike. Insight Center. The Future of Health Care. Sponsored by Medtronic.

Training 15

Training Leadership Health Care Education 15

Harvard Business Review

APRIL 6, 2016

For instance, the cost of building and equipping a leading-edge semiconductor fab has climbed to $7 billion, as the technology required to make more advanced chips is getting more complex. Driven by economies of scale, container ship size has been increasing for decades, with the largest ships now costing roughly $200 million.

Co-Opetition 8

Co-Opetition Operations Cost Cooper 8

Harvard Business Review

DECEMBER 23, 2016

That leaves most organizations lacking a clear total workforce perspective and no integrated strategy to engage workers at the right time, cost, and contractual arrangement. Their goal is to meet time-bound work requirements at minimal cost and risk, relying on suppliers for selection and development.

Strategy 8

Strategy Span of Control Finance How To 8

Harvard Business Review

DECEMBER 14, 2018

Given that those companies were all venture-financed and emerged from Silicon Valley, you might assume that the key ingredients that have ensured their success were cutting-edge technologies, digital platforms, and customer bases that were chiefly made up of digital natives.

Business Model 15

Business Model Technology Advertising Cost 15

Harvard Business Review

APRIL 23, 2014

There is a lot at stake here for GE’s operations strategy. 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. and compete successfully.

Ries 15

Ries Waterman Finance Learning-by-Doing 15

Harvard Business Review

APRIL 26, 2017

In addition to improving the experience for business owners, digitization has the potential to substantially reduce the cost of lending at every stage of the process, making SME customers more profitable for lenders, and creating opportunities to serve a broader swath of SMEs. Banks’ cost of capital is typically 50 basis points or less.

Banking 15

Banking Stage-Gate Credit Scoring Competitive Advantage 15

Harvard Business Review

FEBRUARY 15, 2017

According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. Health insurance is the most expensive benefit to provide, with an average cost of $6,435 per employee for individual coverage, or $18,142 for family coverage.

Insurance 15

Insurance Policies Survey Bond 15

Harvard Business Review

JULY 5, 2017

And when misclassification is adopted as a business strategy by some companies, it quickly undermines other, more responsible employers who face costs disadvantages arising from compliance with labor standards and responsibilities. For a deeper look into the distinctions under the Fair Labor Standards Act and the 2015 guidance document ).

Document 15

Document Insurance Construction Cooper 15

Harvard Business Review

DECEMBER 15, 2015

For most of 2015, I was the director of Rhode Island’s SBM, known as HealthSource RI, which more than 32,000 Rhode Islanders use to purchase health insurance. By January 1, 2015, all state-based marketplaces were expected to replace federal funding with state-level financing. The average credit was $270 per month.

Insurance 8

Insurance Health Care Cost Learning-by-Doing 8

Harvard Business Review

JULY 20, 2015

You know it’s important to weigh the costs and benefits before committing resources. This advice, adapted from the book Finance Basics , will help you better understand how to create a useful budget. Decrease administrative costs as a percentage of revenue by 3 points. Where can you cut costs or reduce inventories?

Budgeting 8

Budgeting Finance Cost Price 8

Harvard Business Review

MAY 23, 2017

Nearly everyone in health care wants to cut waste and reduce unnecessary costs — until the conversation turns to advanced chronic illness and end-of-life care. This model doesn’t leave patient choice to chance; it’s hardwired into clinical operations. The Status Quo. Department of Health and Human Services.

Health Care 14

Health Care Sharpe Document Cost 14

Harvard Business Review

OCTOBER 5, 2018

In 2015, CareMore embarked on a journey to transform care delivery in Medicaid with the aim of leveraging its 20-year history in providing comprehensive care for seniors under Medicare. Creating better outcomes at reduced cost. We described our early progress in this 2015 HBR article. Hero Images/Getty Images. Our results.

Health Care 8

Health Care Metrics Cost Operations 8

Harvard Business Review

DECEMBER 28, 2017

.” Once one of Africa’s most developed markets – with a solid education system, good infrastructure, and a relatively large middle class – decades of mismanagement have cost Zimbabwe. South African restaurant chain Ocean Basket also opened in Harare in 2015 to serve the wealthy urban elite.

Banking 8

Banking First-mover Advantage Politics Finance 8

Harvard Business Review

JULY 19, 2017

In 2015, Boeing launched the Aerospace Data Analytics Lab in partnership with Carnegie Mellon University to develop AI technology for airlines. One such project aims to dramatically reduce maintenance costs with AI by standardizing maintenance logs. They are also now available at a fraction of the cost compared to even five years ago.

USP 8

USP Airlines Products Productivity 8

Harvard Business Review

JUNE 22, 2015

Either accept it (and its higher costs and lower profits) or take control of your fate with strategic, game-changing actions that cut time and costs from the supply chain. The Future of Operations. Longer supply chains also increase inventory levels and carrying costs related to financing and warehousing.

Supply Chain 8

Supply Chain Crisis Transportation Tactics 8

Harvard Business Review

NOVEMBER 3, 2016

Meanwhile, the alternative — housing subsidies, unemployment insurance, health care subsidies, even incarceration costs — generate huge social costs. A 2015 study that we conducted with the U.S. For women, the spread 10 years out is 16%. Year Up, a large source of opportunity-youth trainees in the U.S.,

Organization 8

Organization Chief Operating Officer Education Software 8

Harvard Business Review

JUNE 8, 2017

Bundled payments in health care have gained favor because they can reduce costs and help improve outcomes. In essence, episodic bundles cover the cost of a patient’s care from start to finish—all the procedures, devices, tests, drugs and services a patient will need for, say, a knee replacement or back surgery.

Health Care 8

Health Care Participative System Cost 8

Harvard Business Review

MAY 14, 2015

In the P3 model, private financing fills holes in public budgets, and profit-oriented engineers and builders find efficiencies while government officials ensure that the public is well served. Engineering innovations lowered the cost. This model produced a big success in Miami. Sensors ensure state-of-the-art safety.

Project 8

Project Transportation Construction Engineering 8

Harvard Business Review

MARCH 20, 2017

Home Run Media, a media agency that helped its clients plan and carry out their marketing strategies, had been operating for more than a decade when a key client in the fantasy sports industry began to grow rapidly, thanks in part to Home Run’s work and to a healthy dose of venture capital that was fueling its growth. He wanted out.

Media 13

Media Hammer Software Company 13

Harvard Business Review

JULY 31, 2015

Internal operational issues including execution, budgets, and deadlines are paramount in a company’s deliberation, but what other players will do is hardly ever in focus. The potential cost saving or growth opportunities afforded by institutionalized competitive reviews of major initiatives and projects can be significant.

Competitive Intelligence 8

Competitive Intelligence Company Drucker Review 8

Harvard Business Review

OCTOBER 30, 2018

But clinical and nonclinical staff at the Rotterdam Eye Hospital have improved patient care and raised staff morale at a very modest cost: 10 minutes a day and a special deck of cards. Creating better outcomes at reduced cost. And we mean everyone — not only the inpatient and outpatient teams but even people in HR and Finance.

Health Care 8

Health Care Stress Morale Airlines 8

Harvard Business Review

MARCH 14, 2016

What links the world together has changed fundamentally — and for many companies, succeeding in this new operating environment will require rethinking many past decisions and assumptions. 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

Globalization 8

Globalization Supply Chain GDP Marketing 8

Harvard Business Review

JANUARY 12, 2017

To understand how traditional software vendors can move to the SaaS model while managing the transformation’s challenges, we studied how the stock market reacted to publicly listed firms announcing they wanted to introduce a new SaaS offering from 2001 until the end of 2015.

Business Model 8

Business Model Licensing Company Software 8

Harvard Business Review

APRIL 29, 2015

region, as it navigates a dramatic shift from competing by offering integrated, comprehensive medical services to offering lower cost preventive care. MedStar operated nine hospitals, but realized that its long-held objective of increasing revenue and profits at those venues was unsustainable, given the outcries over runaway medical costs.

Strategy 8

Strategy Long-term Health Care Insurance 8

Harvard Business Review

SEPTEMBER 29, 2016

Estimates of the annual medical costs of obesity range from $147–$210 billion , approximately 40% of which is financed by Medicare and Medicaid. Proponents of the measure point to successes achieved in combating tobacco use, and the potential to use tax revenues to offset other obesity-related costs.

Price 8

Price Policies Incentives Long-term 8

Harvard Business Review

DECEMBER 6, 2018

For example, investment advice companies providing “robo-advice” to their customers have often attempted to get human advisors to shift their focus to “behavioral finance,” or providing advice and “nudges” to encourage wise decisions and actions in investing.

Company 8

Company Maturity System Engineering 8

Harvard Business Review

MAY 1, 2018

We have written extensively on shareholder activism , and one of us coauthored a study in the Journal of Finance showing that, on average, activists produce value for targeted companies. One popular view of activists is that they are short-term, cut-and-run operators who are looking for a quick profit.

CEO 8

CEO Real Estate Long-term Short-term 8

Harvard Business Review

FEBRUARY 9, 2015

companies in 2014 and show no signs of letting up in 2015. Among their trophies in 2014 was a complete housecleaning at Darden Restaurants, the largest operator of full-service restaurants in the U.S. Is the cost structure too high? Dupont did not give in to Nelson Pelz’s demands, but it did make big changes in its board.

Airlines 8

Airlines CEO Automotive Long-term 8

Harvard Business Review

MAY 28, 2015

Social life and the operation of organizations increasingly leave more or less permanent data traces, like the contrails left by jets. Instead of seeking management jobs at GM or Eastman Kodak or Westinghouse, MBAs from elite schools went into finance and consulting. ” Is management research a folly?

Management 8

Management Retail Ethics Construction 8

Harvard Business Review

DECEMBER 20, 2016

I’m talking about the superconsumers who are inside your organization, working at every level: the fashionista who works in the mail room at the headquarters of an apparel company, or the finance manager who works for a pork brand and who eats three pounds of bacon in any given week. Adapted from. According to this pollster, 50.8

Airlines 8

Airlines Energy Self-aware Learning Curve 8

Harvard Business Review

SEPTEMBER 25, 2017

Stung by a series of risky foreign adventures that came back to bite them, most large global banks in Europe and the United States have retreated from foreign operations. Of course, the retrenchment of global finance also reflects pressure on banks from regulators and shareholders to rebuild their capital and liquidity.

Banking 8

Banking McKinsey Finance Globalization 8

Harvard Business Review

FEBRUARY 7, 2017

New research, led by a team from McKinsey Global Institute in cooperation with FCLT Global , found that companies that operate with a true long-term mindset have consistently outperformed their industry peers since 2001 across almost every financial measure that matters. The differences were dramatic. We calculate that U.S.

Long-term 8

Long-term EPS Short-term Management 8

Harvard Business Review

DECEMBER 6, 2016

companies don’t pay taxes on debt-financed investments, which amounts to a subsidy. After-tax profits are at historically high levels; they were more than 50% higher as a share of GDP in the years 2010-2015 than they were over the prior 20 years. And in practice, the foreign income of U.S. Further, U.S. statutory rate.

Finance 8

Finance GDP System Short-term 8

Harvard Business Review

JULY 12, 2017

In effect, they all had skin in the game, which remains one of the most elusive elements of modern finance. This gap between insurers and customers can be widened into a gulf by trust brokers, who dominate the top-heavy insurance brokerage market and benefit from its opacity and byzantine operating standards.

Insurance 15

Insurance Industry Market Penetration Policies 15