N2Growth Blog

APRIL 5, 2010

The three most critical items to focus on when conducting your planning are: Insure that personal accountability is present on any major benchmark, milestone or deliverable. In most cases your wins won’t put you out of business, but your losses most certainly can.

Contingency Plans 360

Contingency Plans Planning Blog Ryan 360

Women on Business

JANUARY 17, 2011

Create a Benchmark Traditional direct marketing always uses a control piece as the benchmark, generally with an A/B split test. This, of course, varies according to the product/service offered. Are they using email blasts, social networking, relationships with key bloggers? The same idea works for e-marketing.

Marketing 162

Marketing Press Release Direct Marketing Discount 162

Tanveer Naseer

JANUARY 17, 2012

At first, the answer to this question might seem obvious – the goals you’ve established are meant to ensure your organization’s continued profitability, to increase or sustain your market share, create a new demand for your products or services, and so forth. Or how much their company’s market share grew?

Goal 189

Goal Short-term Long-term Marketing 189

Strategy Driven

DECEMBER 19, 2019

Whether your objectives involve increasing business revenue, maximizing your profits, providing better customer service or improving the productivity within your workplace, if you use the right tools you’ll be able to accomplish it. For example: In the Finance Department, an objective could be to cut spending and improve profit margins.

Objective 13

Objective SWOT Benchmarking Analysis 13

Harvard Business Review

APRIL 15, 2014

Designers and entrepreneurs have been experimenting with live prototyping — putting unfinished product ideas in the context of real markets and real customer situations — for years, and now bigger businesses have begun to catch on. Assess competitive benchmarks : Identify the quality “floor” of your offer. Might we tarnish our brand?

Brand 8

Brand Productivity Products Mass Marketing 8

Harvard Business Review

FEBRUARY 3, 2014

Most industry observers take the position that companies get distracted if they try to bootstrap a product with a service. But from where I sit, bootstrapping products with services is a tried and true method. Today, AgilOne’s product is a software-as-a-service platform. Andy’s research was financed by DARPA at the university.

Productivity 8

Productivity Products Customer Intimacy Benchmarking 8

N2Growth Blog

DECEMBER 5, 2010

A goal is a specific target and the objectives are the attainment components/benchmarks/hurdles which will lead you toward achieving said goal. Not just their products and services, but the underlying reason that they exist – what do they really offer their customer.

Blog 395

Blog Mission Statement Tactics Objective 395

HR Digest

NOVEMBER 9, 2021

Another avenue to weave S&B into workplace culture is to prioritize it in our products. We look at an individual’s job being done, benchmarking their compensation regularly throughout the year. We built a new, highly customized interview, onboarding and L&D plan to set the Returners up for success. .

Diversity 52

Diversity Katz Learning-by-Doing Globalization 52

HR Digest

NOVEMBER 9, 2021

Another avenue to weave S&B into workplace culture is to prioritize it in our products. We look at an individual’s job being done, benchmarking their compensation regularly throughout the year. We built a new, highly customized interview, onboarding and L&D plan to set the Returners up for success. .

Diversity 52

Diversity Katz Learning-by-Doing Globalization 52

N2Growth Blog

AUGUST 5, 2010

Rather they should benchmark their decisions against the question of “is it the right thing to do?” In my opinion politically correct thinking is a large contributor to a decrease in workplace productivity, and of greater concern, to the moral and ethical decay of our society. How sad is this? Are these extreme statements?

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

NOVEMBER 25, 2013

This lack of an analytical approach has traditionally formed a barrier between marketing and finance. 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. They’re going to make ads and do whatever it is they do.

CFO 8

CFO Short-term Long-term Benchmarking 8

Harvard Business Review

APRIL 23, 2013

Benchmark data isn''t sexy stuff, but occasionally the numbers reveal surprising findings. Who, for instance, would have guessed that global NGOs spend nearly 80% more to track their finances and employ nearly twice as many finance staff as comparable for-profit multinationals?

Globalization 8

Globalization NGO Benchmarking Decentralization 8

Harvard Business Review

JANUARY 20, 2016

Productivity. So before you try out a new program or app, take this assessment to understand your own style and discover productivity tips that like-minded people have found most effective. Finance skills. This 10-question finance quiz comes from the HBR Guide to Finance Basics for Managers. You and Your Team.

Emotional Intelligence 8

Emotional Intelligence Self-aware Meyer Finance 8

Harvard Business Review

JUNE 2, 2014

You also have support staff, including the people in marketing, finance, HR, and other functions. Unnecessary supervisors create work and don’t increase efficiency , thus lowering an organization’s productivity. But a company can gauge its performance against benchmark levels and make adjustments as necessary.

Cost 10

Cost Span of Control Management Bureaucracy 10

Harvard Business Review

APRIL 1, 2016

The most digital companies see outsized growth in productivity and profit margins. And how can companies benchmark themselves against competitors? Right behind it are media, finance, and professional services, all of which have far more sophisticated digital capabilities than the rest of the economy. First, digital assets.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

HR Digest

NOVEMBER 9, 2023

Establish Benchmarks Make it a point to define industry and market benchmarks to compare your organization’s compensation practices. If our equitable compensation program guide is to be trusted, you need to identify relevant external benchmarks to understand prevailing salary ranges for similar roles in the market.

System 52

System How To Benchmarking Diversity 52

Harvard Business Review

SEPTEMBER 1, 2011

Whether developing a new venture, managing an internal corporate innovation initiative, or working to develop globally successful product and service designs (my profession), nothing is more important than understanding what people need and desire in context of what the competition is providing.

Benchmarking 13

Benchmarking Maslow Analysis Trends 13

Harvard Business Review

JANUARY 21, 2016

The mass customization model leverages technology to integrate a customized consumer experience with the efficiency of mass production processes —it has been applied successfully to numerous industries and specific applications, from jackets and running shoes , to automobiles and housing. Insight Center.

NPV 8

NPV Energy Efficiency Technology 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. The functional model of organization dates back to the 1850s.

Development 8

Development Supply Chain Incentives Outsourcing 8

Harvard Business Review

MAY 5, 2016

They see disrupted incumbents from retail, finance, health care, transportation, professional services, and manufacturing requiring radical restructuring of assets, productivity , and innovation. That process was quickly fixed — and illuminated the pathology of valuing productivity metrics divorced from UX.

Levitt 8

Levitt Disaggregation Kaizen Call Center 8

Harvard Business Review

AUGUST 8, 2011

For those of us not in operations, supply chain, or logistics, it's a vaguely familiar line item we learned about in finance class. If we could permanently reduce the amount of product sitting idle, we'd save money, energy, and material. We know it's important and that we're supposed to reduce it by increasing "turns.". I was wrong.

Energy 10

Energy Supply Chain Operations Benchmarking 10

Harvard Business Review

JUNE 11, 2014

Recent history has demonstrated the dangers posed to the economy as a whole by poorly understood financial products. An online tool could allow customers to set spending goals and benchmark their spending against a set of peers of their choosing, encouraging smart financial decisions. Customers Finance Internet'

Credit Scoring 8

Credit Scoring Long-term Tools Benchmarking 8

Harvard Business Review

OCTOBER 10, 2017

One reason for the paltry performance is that while other business areas, like sales or finance, are considered to be core functions, innovation is often considered to be something that’s “nice to have” rather than essential. And there’s a fundamental conflict between innovation and optimizing an existing operation.

Innovation 8

Innovation P&L ROI Long-term 8

HR Digest

JANUARY 19, 2023

Robinson recently received its World Finance Sustainability Awards 2022. We have the one of the largest freight transportation datasets in the world, and we’ve leveraged that asset and our expertise to create products that help our customers measure their Scope 3 emissions. The HR Digest: C. Within C.H.

Supply Chain 109

Supply Chain Human Resources Diversity Transportation 109

Harvard Business Review

DECEMBER 13, 2012

One winning finance group promoted an Excel macro that helped business units more easily calculate a key performance metric; an HR group from one division "stole" and repurposed the online 360 degree job review process from another. The competition thus incented both "supply" and "demand" of knowledge worth sharing. It worked well.

Incentives 8

Incentives Tools Benchmarking Innovation 8

Harvard Business Review

OCTOBER 10, 2013

Capturing data-related opportunities to improve revenues, boost productivity, and create entirely new businesses puts new demands on companies — requiring not only new talent and investments in information infrastructure, but also significant changes in mind-sets and frontline training. Defining a data-analytics strategy.

Chief Financial Officer 8

Chief Financial Officer Information Technology Metrics CFO 8

N2Growth Blog

JANUARY 13, 2011

Deliverables, benchmarks, deadlines, and success metrics must be incorporated into the plan. This is great way to stifle innovation without exploring extensions to existing product lines. Every task should be assigned and managed according to a plan and in the light of day. Timing : It must be detailed and deliverable on a schedule.

Blog 413

Blog Innovation Strategic Planning Brand 413

Harvard Business Review

FEBRUARY 26, 2013

But when leaders take this conservative growth approach even when there is reasonable certainty of success and available financing, they undersize their sales forces and forfeit opportunity. A sales force stays affordable by keeping costs in line with industry or company benchmarks for a sales force cost-to-sales ratio.

Company 8

Company Short-term Long-term Cost 8

Harvard Business Review

MAY 15, 2012

I have used the social network for eight years and continue to be impressed with Mark Zuckerberg's focus on product and his vision for the internet. But equity investing and product use are very different things. Over the past couple of years, I've become close with a handful of web product managers.

IPO 11

IPO Advertising IRR Venture Funding 11

Harvard Business Review

FEBRUARY 7, 2011

Profits that are received at some future point are discounted by the real cost of finance and any appropriate risk premium. If the owner of that subsidiary discounts profits in Egypt by 12.5 percent in every future year to make up for the short-term losses.

NPV 12

NPV Short-term Discount Politics 12

Harvard Business Review

AUGUST 5, 2014

That shift has created an increasingly commoditized product and service environment. Digital has removed barriers across sectors, even in old-line businesses known for “sticky” products, such as telecom and insurance. That’s a major missed opportunity according to Ian Ewart, Head of Products, Services & Marketing at Coutts. “I

P&L 9

P&L Banking Marketing Call Center 9

Harvard Business Review

MARCH 11, 2011

Kennedy, speaking in 1968: Our gross national product. Yet the gross national product does not allow for the health of our children, the quality of their education, or the joy of their play. counts air pollution and cigarette advertising, and ambulances to clear our highways of carnage.

GDP 14

GDP Benchmarking Learning-by-Doing Policies 14

Harvard Business Review

MAY 8, 2017

How successful has the company been at creating new products, services, and business models? 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? Core r epositioning.

Franchising 14

Franchising CEO Business Model Strategy 14

Harvard Business Review

FEBRUARY 24, 2011

Focus on economic models and competitive dynamics : Buffett reminds us that competitive dynamics are more reliable wealth-builders than exciting products. He further states that these businesses were worth more (intrinsically) than the numbers on the balance sheet and supports his claim by explaining how insurance companies make money.

Letter 14

Letter P&L Net Present Value Insurance 14

Harvard Business Review

AUGUST 26, 2013

Two things determine whether a business can get off the ground successfully and sustainably: a validated market opportunity with customers willing to pay for a product or a service; and a product or service that addresses such an opportunity. For them the goal is to achieve customer validation, not financing.

Incubator 15

Incubator Business Incubator Real Estate Venture Capitalist 15

Harvard Business Review

SEPTEMBER 29, 2016

For example, one such project focuses on the interaction between a building’s functionality and the well-being and productiveness of its occupants. Generating new knowledge by conducting research, benchmarking, or bringing in “resident” artists or scientists whose interactions with employees can spark creativity.

Organization 8

Organization Development Mentor Incentives 8

Harvard Business Review

JUNE 25, 2018

If an industrial product like a car fails the manufacturer pulls it back, tests it and, if necessary, re-equips it. Still, market research suggests that future markets for its products and services could be huge — with the U.N. Fundamentally, we have a hard-wired cultural problem in business, finance and markets.

TBL 9

TBL Bottom-up Long-term Early Adopters 9