Remove Airlines Remove Banking Remove Innovation Remove Operations
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How to Become Truly Social

Coaching Tip

The days of leading countries or companies via a one-way conversation are over, as Netflix’s one-way conversation with customers on prices, Bank of America’s one-way conversation on debit fees and Verizon’s one-way conversation on an e-billing surcharge recently demonstrated. 4) Seek to inspire, not just motivate. 6) Give trust away.

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For a Breakthrough Idea, Start by Examining Customer Touch Points

Harvard Business Review

I recently worked with a retail bank that was trying to reduce the number of in-bound customer service calls pertaining to how a specific line of credit worked. I predict you will see more creativity, innovative thinking, and breakthrough solutions for you to better serve your customers. Creativity Innovation Product development'

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Yes, Managing IT Is Your Job

Harvard Business Review

In order to see the future more clearly, it''s almost always helpful to look back — and this certainly goes for IT and its ever-increasing impact on operations, and ultimately on competitive advantage. It told how American Airlines and others had introduced systems to help their customers choose their products and services.

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Reinvent Your Company by Reassessing Its Strengths

Harvard Business Review

Southwest Airlines’ decades-long strategy of “short-haul, high-frequency, point-to-point, low-fare service” produced what was not only one of the best-performing airlines in the U.S. For example, deregulation killed off icons in the airline business such as Pan Am and TWA. When Innovation Is Strategy. Or consider U.S.

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The Right CEO Personality for Process Improvement

Harvard Business Review

Operations : Approaches problems practically; stands firm on issues, perseveres; maintains a standard of consistency and quality; provides stable leadership and supervision; develops detailed plans and procedures; implements projects in a timely manner; keeps financial records straight.

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6 Steps to Make Your Strategic Plan Really Strategic

Harvard Business Review

Once it adopted the six-step method, these outcomes were identified as “reducing employee turnover and increasing productivity and innovation.” I’ve assisted a rural bank which decided that its target customer was “commercial family farms.” The reason? That is, what the organization wanted from employees.

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The Right CEO Personality for Process Improvement

Harvard Business Review

I recently argued that in industries such as distribution and logistics (Amazon, FedEx, UPS), process manufacturing (Exxon), insurance (Aetna), restaurants (McDonald's), and retail banking (Bank of America, Citibank, Wells Fargo), continuous process improvement is essential. Tags: Leadership Operations Productivity.

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