article thumbnail

Ten Types of Organizational Change

Change Starts Here

The HR and finance groups within a university installed a new software system to automate tasks and have better information for decisions. An airline adopted Lean Six Sigma concepts to increase agility and reduce waste across the operation. Agile software development would be another example of a process framework.).

article thumbnail

Performance Appraisal & Rewards in Response to COVID-19

HR Digest

Buzzwords such as “agile,” “resilience,” and “flexibility” have become almost banal to describe the grim reality of our daily lives and the decisions we must take, as the full effects of the coronavirus pandemic now unfold. Management gurus are seeking to provide clarity, stability, direction to their employees and customers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Shaping Performance & Rewards in Response to COVID-19

HR Digest

Buzzwords such as “agile,” “resilience,” and “flexibility” have become almost banal to describe the grim reality of our daily lives and the decisions we must take, as the full effects of the coronavirus pandemic now unfold. Management gurus are seeking to provide clarity, stability, direction to their employees and customers.

article thumbnail

3 Ways to Get More Value from Automation - SPONSOR CONTENT FROM PWC’s Strategy&

Harvard Business Review

Recently, a financial services organization found $5 million in opportunities to optimize its finance processes. Yet it also gives you an agile way to work: you don’t waste time or dollars when there are no results, and you develop a fast-fail mentality to learn what works and what doesn’t.

article thumbnail

Yes, Managing IT Is Your Job

Harvard Business Review

It told how American Airlines and others had introduced systems to help their customers choose their products and services. These "channel" systems helped steer business to American Airlines. As with American Airlines, each competitive advantage with IT is temporary. Similar waves of innovative applications of technology (e.g.,

article thumbnail

The Disruption of Venture Capital

Harvard Business Review

On the latter, we will be carefully observing how developments such as Yuri Milner's Digital Sky Technologies — and, more broadly, the entrance of hedge funds and large institutional investors — will affect the landscape of startup financing. Still, being astute and agile does not guarantee immunity to disruption.

article thumbnail

How GE Stays Young

Harvard Business Review

The Lean Startup approach is enabling GE to take “ Agile ” and “ Lean ” methods, which they had been using to improve operations, and apply them to starting businesses. People in finance at GE, typically focused on return on investment and payback periods, love FastWorks because they get a better throughput of ideas.