Coaching Tip

SEPTEMBER 17, 2014

has earned LEED ® Gold certification —an internationally accepted benchmark for designing, constructing and operating green buildings—from the U.S. Mars Chocolate North America announced that its new manufacturing facility in Topeka, Kan., Green Building Council.

Arkes 91

Arkes Leadership Benchmarking Brand 91

Strategy Driven

OCTOBER 1, 2013

Every organization is challenged by risks manifest through its many different day-to-day operations. Well-conceived risk management dashboards aid oversight organizations including internal audit, management oversight, and compliance groups, in monitoring the organization’s overall risk profile and risk-based operational performance.

Risk Management 65

Risk Management Management Compliance Benchmarking 65

N2Growth Blog

DECEMBER 5, 2010

Just like an algebraic formula, business also functions according to rules governing order of operations. Vision statements, as implied in the construction of the phraseology itself, put forth a statement of envisioned future. It is the vision that defines the end game, and the mission is the road map that will take you there.

Blog 395

Blog Mission Statement Tactics Objective 395

N2Growth Blog

DECEMBER 16, 2023

Understanding the Concept of Governance Excellence Governance excellence refers to the strategic oversight conducted by a company’s board of directors that ensures ethical, sustainable, and profitable organizational operations. The primary step involves an objective assessment to determine operational efficiency and effectiveness.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Strategy Driven

SEPTEMBER 5, 2014

Continuous quality improvement means that we benchmark accomplishments and set the next reach a little further. Learns constructively from trial and error. A 90 percent success rate for a person with a good attitude and responsible behavior is unbeatable. There is no such thing as perfection.

Succession 80

Succession Due Diligence Budgeting Risk Management 80

Strategy Driven

FEBRUARY 6, 2015

It applies to service industries and manufacturing operations. Employees must buy into the process by offering constructive input. Paying attention to quality can realize: Lower operating costs. Benchmark measurements of accomplishments. Quality should be viewed as a journey, rather than a destination. Customer retention.

Quality 50

Quality Metrics Strategic Planning TQM 50

Harvard Business Review

JULY 2, 2015

Those trends dictate different choices for a labor intensive retailer (who should choose Mexico or Turkey), a capital-intensive construction company (pick Indonesia or Turkey), and a high-value manufacturer that needs skilled labor (Nigeria may be the best bet). Finally, operating conditions differ significantly within the country groups.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

MARCH 21, 2011

Feeling vulnerable as a small city-state, Singapore's leaders set high standards, benchmark against the best in the world, seek innovation, and invest in ideas of the future. Komatsu, a globally prominent construction equipment manufacturer, drove excellence by fearing Caterpillar, the U.S.

Benchmarking 15

Benchmarking Health Care Loyalty Construction 15

Harvard Business Review

OCTOBER 15, 2018

The size and layout of a room, whether a bed sits in the middle or against a wall (even which wall), how much space is maintained for patients to walk versus how many beds or operating equipment can be accommodated, have not been considered predictors of health outcomes in the past. Previous studies looked only at room scale, not unit scale.)

Health Care 8

Health Care Long-term Mayo Construction 8

Harvard Business Review

JUNE 3, 2016

It includes changes in how an organization interacts with its customers, citizens, or patients; in operational processes; in business models; in supply chain relationships; and in how employees use information to generate insight. Operations in a Connected World. Insight Center. Sponsored by Accenture.

Tools 8

Tools Supply Chain CRM Technology 8

You're Not the Boss of Me

JULY 13, 2009

In other words we operate on the principle that equity means treating everyone in the same way. Monitoring and measuring along the way provides performance benchmarks that allow people to see how they are doing at any given point. However, very few people enjoy or respond well to “constructive feedback”.

Performance Review 40

Performance Review Review PR Blanchard 40

Harvard Business Review

MARCH 31, 2015

To construct these rankings, we collect detailed, confidential data directly from accelerator programs. With this challenge in mind, we set out over the last few years to both foster conversation about the accelerator model, and help entrepreneurs gain visibility into the strengths of individual programs.

Finance 8

Finance Entrepreneur Survey Participative 8

Strategy Driven

MARCH 18, 2011

To demonstrate it, we’ve examined a number of industries and mapped the level of capabilities coherence in the portfolio of each of the major players against their operating margins over the past five years. Companies today operate in a business environment that encourages incoherence. We call this measure the ‘coherence premium.’

Resources 52

Resources Industry System Strategy 52

Harvard Business Review

NOVEMBER 18, 2015

Just as harsh criticisms by exes demoralize and disrupt, their constructive contributions can have as profound an impact on human capital brands as current employees. Talented “exes” should be seen as assets who can make the organization more valuable and an even better place to work.

McKinsey 8

McKinsey Banking Reference Human Capital 8

Harvard Business Review

FEBRUARY 2, 2016

You’ll often find customer relationship management within marketing, budgeting within finance, supply-chain management within operations, outsourcing within procurement, training within HR, and new product development within R&D. Some of the first business functionaries were railroad telegraph operators who managed schedules.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

OCTOBER 30, 2015

Comparing your organization to peers – also known as benchmarking – lets you understand how you’re doing, identify performance gaps and opportunities to improve, and highlight peer achievements that you could emulate, or your own achievements to be celebrated. For example, suppose you want to compare the U.S.

Benchmarking 8

Benchmarking Comparison Metrics Bottom-up 8

Harvard Business Review

OCTOBER 10, 2013

In other words, what produces complexity is not so much the presence of many direct cause-effect links which operate with subtlety versus precision, but rather the presence of indirect, non-linear relationships between the variables, parts, and dimensions of the whole. But all must still be interpreted.

Senge 8

Senge Education Rogers Tools 8

Harvard Business Review

SEPTEMBER 30, 2016

As a result, some of these Harvard employees earned in excess of $30 million in yearly pay, due to performance that was truly exceptional against industry benchmarks. The other group consisted of production employees operating in a factory setting. The performance of these Harvard employees was quite remarkable during the early 2000s.

Comparison 8

Comparison Incentives Outsourcing Self-aware 8

Harvard Business Review

JULY 14, 2017

But most successful companies used electricity and motors to reinvent their existing businesses, whether in manufacturing, transportation, or construction. Or it could be indirectly, as Opower does in giving people benchmarking data on energy usage to foster conservation and efficiency.

Intellectual Capital 8

Intellectual Capital Strategy Supply Chain Business Model 8

Harvard Business Review

DECEMBER 17, 2014

For example, a company that sells housing components like kitchen counters and piping should look at the rate of new home construction or mortgage activity, while automotive companies should look at the percentage of young adults forgoing driver’s licenses. You can also use publicly available industry benchmarks.

Innovation 9

Innovation Company Venture Capitalist Business Model 9

Chart Your Course

NOVEMBER 26, 2017

Already approaching a Billion square of projects not only in the United States but also from India to Sweden and Israel to Bhutan, if you are not familiar with the Arc platform, that helps a building owner measure performance and benchmark against others, you are missing out on what is transmogrifying the built environment.

Real Estate 170

Real Estate Benchmarking Arkes Construction 170

Strategy Driven

APRIL 17, 2015

As companies operate, all make honest and predictable mistakes. Failure to benchmark results and accomplishments. The emphasis is upon the latest slogans of mission but does not look closely at how its systems operate. Capitalization is stretched beyond limits, and operations advance in a cash-poor mode.

Self-aware 50

Self-aware System Learning-by-Doing Bottom-up 50

Strategy Driven

JULY 17, 2015

As companies operate, all make honest and predictable mistakes. Failure to benchmark results and accomplishments. The emphasis is upon the latest slogans of mission but does not look closely at how its systems operate. Do successful corporations operate without a strategy-vision? Arrogant attitudes. Who are the customers?

Self-aware 50

Self-aware System Open-book Learning-by-Doing 50

Strategy Driven

MARCH 4, 2011

As companies operate, all make honest and predictable mistakes. Failure to benchmark results and accomplishments. The emphasis is upon the latest slogans of mission but does not look closely at how its systems operate. It’s not that some organizations ‘click’ and others do not. Arrogant attitudes.

Bottom-up 58

Bottom-up System Learning-by-Doing Execution 58

Harvard Business Review

JANUARY 17, 2011

Instead, the Commission's focus in the report is on the immediate causes of the explosion and on the individual and collective failures of BP (owner), Transocean (rig operator) and Haliburton (construction services) to assess and mitigate immediate risks — and to have effective crisis response plans. (It

Analysis 14

Analysis Report Operations Document 14

Harvard Business Review

MAY 3, 2016

From building cross-functional customer segment units to creating additional teams that cut across merchandizing, store operations, and segment owners, senior leadership at Best Buy saw to it that the entire organization embraced an outside-in approach. And what are the benchmarks of success? It doesn’t happen overnight.

Education 8

Education Execution Content Cooper 8

Harvard Business Review

APRIL 27, 2015

Historical benchmarks are of limited value when a product has no antecedents, and it’s hard to pin down the future value of an idea that exists only as a concept. Balance: the mix of different types of innova­tion (product, service, pricing, distribution, operations, etc.); Granted, it is difficult to measure.

Innovation 8

Innovation Company Engineering Supply Chain 8

Harvard Business Review

APRIL 17, 2014

But judging from what I hear from managers of companies that visit us to benchmark our system, the difference between our approach and theirs does not lie in forms, rankings, tools, or technologies. Individual appraisals are considered enormous opportunities for the candid, constructive conversations that employees deserve.

System 11

System Review Human Resources Human Capital 11

Harvard Business Review

OCTOBER 5, 2017

To set an aspirational but realistic target, we created a benchmark that combines the best attributes of these advanced digital nations. Second, with the benchmark as a composite, no single nation achieves it and yet each of the five countries’ progress toward the ideal can be assessed in terms of performance against the benchmark.

Benchmarking 10

Benchmarking Globalization Technology Policies 10