article thumbnail

Common Purpose Leadership

Leading Blog

For example: Emphasize One Goal – Gordon Bethune, CEO of Continental Airlines, recognized that his customers valued on-time performance. Simon Cooper, president and CEO of Ritz-Carlton, calls this “scriptless service”. He set this as the measure of success for the company.

article thumbnail

How Mergers Change the Way Your Company Competes

Harvard Business Review

Either way, these mergers that span connected markets change the pattern of competition, because the firms that compete with each other now operate under one roof: CVS won’t need to bargain over the surplus with Aetna, or Express Scripts with Cigna. But the groups usually continue to compete externally with the other groups.

Insiders

Sign Up for our Newsletter

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

article thumbnail

6 Steps to Make Your Strategic Plan Really Strategic

Harvard Business Review

Take the example of a dairy cooperative I worked with recently. It can even involve immersing yourself in the stakeholder experience by going through it, e.g. the senior executives of an airline might travel at the back of the plane to get a feel for what economy passengers experience. The trick is to identify stakeholder roles.

article thumbnail

Peanut- Finance: Swaps as Strategy

Harvard Business Review

On-line exchanges for barters, swaps, and sharing of goods or services have made direct connections possible, sometimes without much money changing hands beyond a fee to the exchange-operator. Imagine an e-Bay or Craig's List ad: "Have peanuts, seek medical care.".

Finance 14
article thumbnail

What Low Oil Prices Really Mean

Harvard Business Review

Gulf Cooperation Council (GCC) producers such as Saudi Arabia, the United Arab Emirates, Kuwait, and Qatar have amassed considerable wealth during the past decade through cash reserves and sovereign wealth funds. Energy-intensive industries ranging from farming to airlines are also profiting.

Price 8
article thumbnail

Beat the Odds in Cross-Border Joint Ventures

Harvard Business Review

It’s proving to be an eventful year for AirAsia, the Kuala Lumpur-based airline that has emerged as Asia’s most successful low-cost carrier in recent times. Who has the final say in functional areas, such as R&D, operations, and human resources, does matter. A llocate decision rights based on the context and logic.

article thumbnail

How Companies Can Champion Sustainable Development

Harvard Business Review

Given political climates around the world and a new wariness around international cooperation, the private sector could find itself in the hot seat: trying to pick up the slack on big issues from climate change to sustainable development. But when confronted with a construct such as this, companies may struggle with where to begin.