Strategy Driven

AUGUST 1, 2016

in 2015, according to the Kauffman Index. That’s why it makes sense to divide operational areas up and assign ultimate authority of each to one person. We call them Direct Responsible Individuals (DRIs) at my company, and it’s a great way to make the responsibilities manageable. There’s no one else who can resolve an impasse.

Operations 50

Operations Travel Productivity Products 50

Deming Institute

MAY 14, 2015

Edwards Deming wrote Some Statistical Logic in the Management of Quality to fill in some of the missing links in the use of statistical methods, with special reference to responsibilities at the management level for effective mobilization of statistical knowledge and skills. with the use of a control chart ].

Deming 28

Deming Quality Management System 28

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. Utilization of industry consultants or technical specialists. Objective analysis of how the organization has operated to date.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Steve Farber

SEPTEMBER 20, 2016

[ I’m happy to share this guest post from my friend and colleague, Michael Kennedy —a veteran of the automotive industry and renowned automotive recruiter. Aside from the specific statistics, the challenges and solutions that follow apply to all industries. This isn’t a recruiting problem, it’s an environment problem.

Automotive 40

Automotive Industry Sample Training 40

Strategy Driven

DECEMBER 15, 2015

Previous to our technological advancements, the only way businesses could manage their multiple consumer platforms, numerous transactional tasks, and recover from data emergencies was to outsource to a variety of vendors. Copyright 2007-2015 by StrategyDriven Enterprises, LLC. Employ Internal Multisourcing. Engage Customers.

Strategy 50

Strategy Outsourcing Process Technology 50

Strategy Driven

NOVEMBER 2, 2015

Based on thousands of years of practice, mindfulness techniques enable people to manage their attention, improve their awareness, and sharpen their focus and clarity. He is the founder of The Potential Project – a leading global provider of corporate based mindfulness solutions operating in 20 countries. Then return to your work.

Productivity 50

Productivity Products Strategy Covey 50

Strategy Driven

DECEMBER 18, 2015

Organizations should coordinate management skills into its overall corporate strategy, in order to satisfy customer needs profitably, draw together the components for practical strategies and implement strategic requirements to impact the business. This is my review of how management styles have evolved. Under it, people were managed.

Hostile Takeover 50

Hostile Takeover Management by Objectives Objective Scientific Management 50

Strategy Driven

JUNE 5, 2015

Specialist companies will have a much deeper understanding of their industry than you can expect your employees to have. There are financial factors too, and your operational costs may be lower when outsourcing. Copyright 2007-2015 by StrategyDriven Enterprises, LLC. Specialist knowledge. Consider leaving a comment!

Outsourcing 50

Outsourcing Strategic Planning Offshoring Resources 50

Harvard Business Review

NOVEMBER 15, 2018

hospitals and health systems experienced an average 39% reduction in their operating margins from 2015 to 2017. As I speak with industry executives, a common refrain is “I’ve done all the easy stuff.” Here are some examples of what will be required to change the operating culture: Contract rationalization.

Cost 10

Cost System Management Franchising 10

Leading Blog

DECEMBER 25, 2016

How do we create the future while managing the present? The Outward Mindset : Seeing Beyond Ourselves by The Arbinger Institute Unknowingly, too many of us operate from an inward mindset—a narrow-minded focus on self-centered goals and objectives. Related Interest: Best Leadership Books of 2015. Blog Post ). Kouzes and Barry Z.

Books 150

Books Leadership Cialdini Govindarajan 150

Strategy Driven

MAY 15, 2015

The client is opening new locations in new communities and asks its consultants to formulate a plan of action and oversee operating aspects. Widget manufacturing companies team with retail management experts to open a string of widget stores. Managing mergers, acquisitions and divestitures. Consider leaving a comment!

Cooper 50

Cooper Open-book Tourism Telecommunications 50

Harvard Business Review

OCTOBER 24, 2016

Innovation has the potential to transform the investment industry. In September 2016 we undertook a survey of nearly 300 endowment and foundation managers. Consequently, giant funds are often hamstrung by proportionally tiny operating budgets, which have historically forced them into the all-too-happy hands of intermediaries.

Operations 8

Operations Intangible Assets Venture Capitalist Hedge 8

Strategy Driven

JULY 31, 2015

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. Stay connected with the cloud.

Tips 50

Tips Globalization Compliance Competitive Advantage 50

Strategy Driven

DECEMBER 24, 2015

We all operate out of unique, internal systems comprised of mental models (rules, beliefs, history etc.) It has little to do with the new, and everything to do with change management. Sharon Drew Morgen is a visionary, original thinker, and thought leader in change management and decision facilitation. How We Learn.

Training 50

Training Resistance Learning-by-Doing System 50

Strategy Driven

FEBRUARY 6, 2015

Quality is not something that managers assign others to achieve. Rather than assume all is wrong or right with an organization and take a defensive posture, management must view quality as essential to their economic survival or growth. It is not enough for management to endorse quality programs; they must actively participate.

Quality 50

Quality Metrics Strategic Planning TQM 50

Strategy Driven

JANUARY 6, 2016

Most of my clients have a list of espoused values (what we say we believe) and a notion of operating values (how things are done around here). It changes the game in the industry and transforms your internal mindset too. Copyright 2007-2015 by StrategyDriven Enterprises, LLC. Scare the competition. She can be reached in St.

Short-term 50

Short-term Advice Uncertainty Environment 50

Strategy Driven

APRIL 3, 2015

The already inflated world of ‘reputation management’ websites lured people into buying advertising in order to create the facade of being a ‘consultant.’ Their work is off-the-shelf, conforms to an established mode of operation, contains original thought and draws precedents from experience. (17%).

Mentor 50

Mentor Consultative Strategic Planning Entrepreneur 50

Strategy Driven

JUNE 3, 2015

We all operate out of unique, internal systems comprised of mental models (rules, beliefs, history etc.) It has little to do with the new, and everything to do with change management. Copyright 2007-2015 by StrategyDriven Enterprises, LLC. It's a systems/change problem. How We Learn. Consider leaving a comment!

Training 50

Training Resistance Learning-by-Doing System 50

Strategy Driven

NOVEMBER 20, 2015

Educate the public about what your company and your industry do. Research shows that industrial sales calls costing $252 to reach a prospect, with 4.6 Work closely with the show’s management. Copyright 2007-2015 by StrategyDriven Enterprises, LLC. Perform informal market research. Enhance your company’s image.

How To 50

How To Follow-up Participative Objective 50

Harvard Business Review

NOVEMBER 30, 2016

Activist investors who expect to raise returns by influencing strategic decisions are having a meaningful impact on many industries from consumer-packaged goods to aerospace and defense. And the odds that your company, or industry, may find itself targeted by an activist are going up.

Management 8

Management Short-term Constraint Apparel 8

Harvard Business Review

SEPTEMBER 21, 2018

Although directors in certain industries are more aware of the threat of disruption, the widespread lack of board-level engagement in innovation processes could be a major blind spot and a potential liability. Still, it’s telling that board members rate their boards better on risk management than on innovation.

Innovation 10

Innovation Short-term Telecommunications Long-term 10

Strategy Driven

MAY 1, 2015

The already inflated world of “reputation management” websites lured people into buying advertising in order to create the facade of being a “consultant.”. Their work is off-the-shelf, conforms to an established mode of operation, contains original thought and draws precedents from experience. (17%). Consider leaving a comment!

Consultative 50

Consultative Entrepreneur Competitive Advantage Article 50

Harvard Business Review

JULY 28, 2016

Technology has emerged as a competitive weapon in driving operational excellence and superior service quality. Through Paypal, Nigerians spent $610 million via their mobile phones on international shopping in 2015, depriving local banks forex fees. Most still put marketing managers in nice cars to look for clients.

Banking 8

Banking Industry Disintermediation Offshoring 8

Harvard Business Review

AUGUST 29, 2013

So just when electric systems need to operate flawlessly — whether to power air conditioners, pump water, or heat homes — long-term challenges to power grids are multiplying. A digitally-skilled workforce is vital to help deploy advanced digital technologies that can streamline and automate grid operations.

Energy 8

Energy Industry Engineering Technology 8

Harvard Business Review

SEPTEMBER 10, 2018

Since at least the time of Frederick Taylor, the father of “scientific management,” control has been central to corporate organization: Control of costs, of prices, of investment and—not least—of people. When a new project comes in, the manager does not devise a plan to complete it.

Team 14

Team Scientific Management Taylorism Taylor 14

Harvard Business Review

MAY 16, 2017

You’re ready to make a career move, up to a higher level or into a different industry or an entirely new field. So here’s how she made sure her résumé attracted the attention of hiring managers when she started applying for chief administrative officer (CAO) positions. Manage junior staff and evaluate performance.

COO 13

COO Chief Operating Officer Transportation Real Estate 13

Harvard Business Review

APRIL 6, 2016

In many industries, the capital required to build an asset of minimum efficient scale is growing. The latest nuclear reactor designs, promising higher safety, longer operating life, and lower operating costs, cost up to $25 billion after factoring in the huge budget overruns. Model 1: Virtual operator.

Co-Opetition 8

Co-Opetition Operations Cost Technology 8

Strategy Driven

JULY 3, 2015

I conduct Executive Think Tanks for corporate management. Organizations of all sizes must have the Think Tank.which delineates future operations, including education and training. Only Industry Experts Can Train in Our Company. Core industry 'experts' only know core industry issues from their own experiences.

Education 50

Education Company Succession Mentor 50

Harvard Business Review

APRIL 17, 2017

In 2015, around 40% of new PV installations were accompanied by a battery. Countries that manage to transition effectively to low-carbon generation technologies will be home to competitive energy solutions and manufacturing firms that are more resilient to energy shocks and weather disruptions. For example, in Germany, more than 1.5

Energy 10

Energy Decentralization Industry Power 10

Harvard Business Review

APRIL 7, 2015

The advent of the modern organization and the practice of management constitutes a “social technology” that has been equally transformative. The forces of technology and management will continue to hold equal sway as the 21st century unfolds. This is a situation that cannot endure.

Management 8

Management Drucker EPS Short-term 8

Harvard Business Review

JANUARY 2, 2017

Given the pace at which digital innovation is disrupting industries globally, it’s not surprising that most CEOs feel pressure to find and deploy the right technology as fast as their budgets will allow. Consider how General Electric arrived at the decision to develop and launch its Predix cloud-based industrial operation system.

CEO 12

CEO Agility Technology Industry 12

Harvard Business Review

NOVEMBER 5, 2018

When innovations threaten to disrupt an industry by replacing an old business model with a new one, incumbents need to invest in that model in order to survive. electric utilities during 2008-2015—a period in which the decentralized model was in its uncertain, nascent phase. Fuse/Getty Images. These are rarely studied questions.

Company 8

Company Disruptive Innovation Decentralization Software 8

Harvard Business Review

JANUARY 11, 2018

I believe the smartest choice — one that will help them compete against online retailers like Amazon — is to create a better experience for customers and to achieve operational excellence in stores. Creating a great customer experience and achieving operational excellence both require a capable and motivated workforce.

Retail 8

Retail Operations Merchandising Motivation 8

Harvard Business Review

MARCH 28, 2017

Between 2015 and 2025, the 167 million workers entering the workforce will barely outpace the 166 million workers retiring (McKinsey & Company 2015). Read more from Korn Ferry: How Organizations Can Thrive in the Digital Economy. How to Develop Leaders Who Can Drive Strategic Change.

Content 9

Content Survey Talent Management McKinsey 9

Harvard Business Review

MARCH 14, 2017

Unilever, for example, has found that its sustainable living brands are growing 30% faster than the rest of its business and in 2015 delivered nearly half the company’s total growth. Like Unilever, there are companies in other industries forming a vanguard of early movers, merging their business goals with sustainable development.

Development 11

Development Company Innovation Goal 11

Harvard Business Review

APRIL 6, 2016

The company manages a large, disaggregated workforce of “driver-partners” that deliver a relatively standardized experience to passengers, while simultaneously promoting drivers as independent entrepreneurs whose work is characterized by freedom, flexibility, and independence. Customers act as managers.

Management 8

Management Price Disaggregation System 8

Harvard Business Review

NOVEMBER 22, 2017

As business tycoon Richard Branson has proclaimed in 2012, “our only option to stop climate change is for industry to make money from it.” Our research involved a detailed cross-case analysis of five major corporations operating in Australia over 10 years, from 2005 to 2015.

Goal 8

Goal Short-term Insurance Policies 8