article thumbnail

PRINCIPLES OVER PROCESS

N2Growth Blog

One of our pharmaceutical clients was recently recognized for successfully executing his company’s strategy and told us: “If I had to do it over again, I would have had the human resources organization intimately involved much sooner to ensure that our organization and people were prepared to deliver.

Process 150
article thumbnail

HR Innovation is Best Achieved Internally

LDRLB

Here are two innovations I have witnessed and an analysis of each: Instance 1: Context: A healthcare organization paid salaries that were 10% less than median salaries across all strata of nurses. This caused unhappiness among the nurses working there and this impacted the happiness they created for 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

Why We Shouldn’t Worry About the Declining Number of Public Companies

Harvard Business Review

All three factors have become more common over time, which we argue stems from firms’ increasing reliance on intangible and knowledge inputs in their business models. Emerging digital firms compete with knowledge, strategy, and expert human capital, attacking even the largest established firms.

IPO 8
article thumbnail

Where are you on the management scale of newbie to expert hacker?

Ask Atma

While there are many aspects to informed management some of the basics that must be present are: In depth financial planning and controls : this usually requires someone with a graduate degree in business, such as an MBA or equivalent and is proficient in: Business modeling. Human Resource Management.

article thumbnail

The Questions Executives Should Ask About 3D Printing

Harvard Business Review

It could upend supply chains, business models, customer relationships, and even entrepreneurship itself. Executive teams need to assess their industries’ and companies’ time horizons for the technology, because they will have a huge amount of strategic and business process planning to do before their companies adopt it.

article thumbnail

How the Great Recession Changed Banking

Harvard Business Review

The banks that have nearly completed their regulatory agenda have a head start, since they can free up more financial and human resources to address evolving technology. Those declines reflect changes in strategies and the basic business model of investment banks, post-crisis.

article thumbnail

Research: When Retail Workers Have Stable Schedules, Sales and Productivity Go Up

Harvard Business Review

Receiving additional staffing during understaffed periods, which were identified based on analysis of store traffic and conversion rate data. These extra hours were not part of the manager’s labor budget and were only given to the stores that were identified as likely to increase their sales by Co-PI Kesavan’s analysis.

Retail 8