N2Growth Blog

AUGUST 5, 2010

Rather they should benchmark their decisions against the question of “is it the right thing to do?” To be clear, being balanced doesn't mean that you're not committed, not sold-out, not passionate – it just means you apply filters to your efforts to insure that passions are productive and healthy; not imbalanced.

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

DECEMBER 19, 2016

The Center for Orthopedic Research and Education (or CORE Institute ) — a group of musculoskeletal, neurologic, and rehabilitative physicians in Arizona and Michigan that includes orthopedic, spine, and pain-management physicians and a number of other types of clinicians — is pioneering an approach that represents a middle ground.

Benchmarking 8

Benchmarking Health Care Cost Globalization 8

Harvard Business Review

APRIL 28, 2015

That’s because even after they determine the right ways to use information to delight their customers, managers must address one equally important challenge. They must update decades-old management systems so they can embrace new digital opportunities. Where we land is firmly in the face of a management paradox.

Business Model 8

Business Model System Management Supply Chain 8

Harvard Business Review

FEBRUARY 24, 2011

Imagine if managements, boards, and investors adopted them: we could restart our economy, energize our business school curricula and create prosperity for our children and grandchildren. Berkshire's talented managers get the P&L independence to run their own businesses. He favors insurance dynamics.

Letter 15

Letter P&L Net Present Value Insurance 15

Harvard Business Review

FEBRUARY 7, 2013

Munich Re reports that natural disasters in 2011 caused insurance companies to substantially spend down cash reserves, with payouts exceeding premiums in the US by 16%. Insurance aside, storms (and other severe weather) can have immediate impacts on corporate bottom lines, as well as longer-term impacts on reputational value.

Insurance 9

Insurance Supply Chain Benchmarking Trends 9

Harvard Business Review

JULY 2, 2015

Having said that, it is also true that executives need help managing their globalization gambits. Every company requires a way of calibrating its strategy to the growth drivers in its industry, and developing a geographic value map. Benchmark all the economies for which reliable data are available.

Marketing 8

Marketing Benchmarking Globalization Construction 8

Harvard Business Review

DECEMBER 2, 2010

For example, in the car insurance customer journey, one of the stages — if you're unlucky — is getting in an accident and having to report a claim. With most insurance companies this is a complicated and poorly-defined process that takes place at a traumatic time. Chances are that you are already creating these touchpoints.

Insurance 15

Insurance Retail Brand Loyalty 15

Harvard Business Review

NOVEMBER 25, 2013

It doesn’t need to be complicated; in one company, a marketing department saved 20 percent after simply benchmarking the money they were spending on external agencies. Together with the CFO, the CMO must develop a set of objectives that directly deliver on financial objectives and business goals.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

SEPTEMBER 29, 2011

They are not interested in hearing about the technological, regulatory, and societal developments that will determine the long-term, strategic positioning of this company.". The board of directors and top management should spend the largest chunk of their time communicating with long-term investors. pension fund consultant told me.

Long-term 13

Long-term CEO Short-term Asset Management 13

Harvard Business Review

DECEMBER 29, 2015

Yet many organizations haven’t developed beyond the hunch phase in terms of knowing how strong their top leaders really are. The result blends qualitative research and benchmarked data on other C-suite executives to give us a solid indication of an individual’s potential and development needs.

360-Degree Feedback 8

360-Degree Feedback CEO Leadership Pipeline Execution 8

Harvard Business Review

MAY 8, 2017

How have the firm’s growth, profits, and stock performance compared to a relevant benchmark (NASDAQ for a tech company, for example, or DAX Index for a German firm) during the transformation period? We see an interesting pattern across the professionally managed companies, those whose CEOs were hired by the board.

Franchising 15

Franchising CEO Business Model Strategy 15

Harvard Business Review

AUGUST 5, 2014

Digital has removed barriers across sectors, even in old-line businesses known for “sticky” products, such as telecom and insurance. That means churning through data to find insights that others haven’t seen and then developing the organizational capability to act on them faster and better to drive above-market growth.

P&L 11

P&L Banking Marketing Call Center 11

Harvard Business Review

JUNE 7, 2017

Management teams often assume they can leapfrog best practices for basic data analytics by going directly to adopting artificial intelligence and other advanced technologies. First, managers should ask themselves if they have automated processes in problem areas that cost significant money and slow down operations. Take fund managers.

Company 13

Company Telecommunications Retail Supply Chain 13

Harvard Business Review

OCTOBER 19, 2015

Examples include the Bundled Payments for Care Improvement (BPCI) initiative for Medicare patients, arrangements between commercial insurers and providers, and increasingly, in direct negotiated contracts between large employers such as Boeing, Lowes, and Wal-Mart and leading providers for complex medical conditions.

Health Care 8

Health Care Cost Activity Based Costing Metrics 8