N2Growth Blog

NOVEMBER 28, 2023

A well-functioning board is instrumental in making strategic decisions, providing effective oversight, and ensuring long-term sustainability. By clearly defining the criteria, organizations can hold board members accountable for their performance and provide them with a benchmark against which they can assess their effectiveness.

360-Degree Feedback 388

360-Degree Feedback Strategy Objective Diversity 388

Mark Sanborn

FEBRUARY 10, 2024

Financial Health and Sustainability Sound financial management, diversification of revenue streams, and long-term financial planning are vital in weathering financial crises and market fluctuations. Extraordinary companies equip their sales team with the best training and technology. They’re not. Be extraordinary.

Organization 40

Organization Agility Ethics Operations 40

N2Growth Blog

NOVEMBER 26, 2018

We chase short-term wins. Disengaged teams stem from disengaged leaders. They go after short-term wins and cannot lift their heads high enough to glimpse the future. Leaders are expected to move things forward: the organization (business), the teams that do the work, and each individual on those teams.

Leadership Development 322

Leadership Development Development Leadership Self-aware 322

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. Sidebar : This post was inspired by a conversation I had last month Mark Oakes ( @MarkOOakes ) about the historical origin of the term&# Plan B.&#

Contingency Plans 360

Contingency Plans Planning Blog Ryan 360

Six Disciplines

SEPTEMBER 11, 2015

You've got to deliver on short-range commitments, while you develop a long-range strategy and vision and implement it. Getting it done in the short-range, and delivering a long-range plan, and executing on that.” - Jack Welch. First and foremost, your senior leadership has to be on the same page with a crisp and clear long term vision.

Execution 70

Execution Strategy Succession Short-term 70

Strategy Driven

OCTOBER 3, 2014

It is a catalyst toward long-term evaluation, planning and implementation. Crystallize the core business in terms of viabilities to move successfully forward to some discernible point. The last draft of the statement will be an executive summary of collective ideas and works of the Visioning team. How will we evolve?

Mission Statement 80

Mission Statement Benchmarking Tactics Strategic Planning 80

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 strength of governance can be significantly amplified with the employment of a dedicated leadership team.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Strategy Driven

AUGUST 5, 2016

Values, customs, beliefs, goals, objectives, benchmarking. Organizational purpose, vision, quality of life, ethics, long-term growth. Value-added leadership requires a senior team commitment. Operations are sound, professional and productive. Learn to pace and be in the chosen career for the long-run.

Leadership 50

Leadership Benchmarking Learning-by-Doing Ethics 50

HR Digest

NOVEMBER 9, 2021

Anne Erni: I actually tend to stay away from using the term “diversity,” as it’s often associated with just meeting compliance requirements. The HR Digest: What measure(s) did you take with your team to ensure that Audible’s global corporate company culture would reflect its D&I goals? The HR Digest: What is diversity to you?

Diversity 52

Diversity Katz Learning-by-Doing Globalization 52

HR Digest

NOVEMBER 9, 2021

Anne Ernie: I actually tend to stay away from using the term “diversity,” as it’s often associated with just meeting compliance requirements. The HR Digest: What measure(s) did you take with your team to ensure that Audible’s global corporate company culture would reflect its D&I goals? The HR Digest: What is diversity to you?

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?” Do you ever wonder how the term “Politically Correct&# evolved from an obscure catch-phrase that was once used to label those who would not take a controversial position to the dominant mind-set of the day in our society?

Politics 375

Politics Blog Leadership Diversity 375

Harvard Business Review

MARCH 13, 2013

Captive offshore operations centers — company-owned delivery units located in low-cost countries such as India and the Philippines — have come a long way. Since 2008, we've benchmarked the performance of nearly 250 operations centers working on both core operations (e.g., But that's not by accident.

Offshoring 8

Offshoring Cost Benchmarking Operations 8

Harvard Business Review

MARCH 27, 2012

As a management consultant, I often have a courtside seat to the senior team discussions of many companies. Often these situations are accompanied by unwritten peer-to-peer contracts that basically say, "I won't challenge your plans, as long as you don't challenge mine. Some leaders look at how to squeeze a new role into the team.

Benchmarking 10

Benchmarking Dunning CEO Airlines 10

Harvard Business Review

NOVEMBER 25, 2013

Just 36 percent of CMOs, for example, have quantitatively proven the short-term impact of marketing spend, according to the 2013 CMO Survey (and for demonstrating long-term impact, that figure drops to 32 percent). To date, however, the reality of marketing analytics has fallen short of the promise. Why is this so challenging?

CFO 8

CFO Short-term Long-term Benchmarking 8

N2Growth Blog

APRIL 28, 2014

Instead, it is a long drive across the entire country that requires a look at the roadmap to avoid the roadblocks while understanding the routes and the detours along the way, long before the drive begins. But, at the same time, what most people learn the hard way is that it is not a short drive in the beautiful countryside.

CEO 393

CEO Succession Tips How To 393

Harvard Business Review

JULY 13, 2012

If a key account is promised priority access to urgent products or services, it is Operations who can provide that, not Sales. Best-practice companies choose to train their operations and supply chain people in KAM as well as their sales people. Step Seven: Benchmark and build. One obvious example is supply chain management.

Supply Chain 13

Supply Chain Management How To Benchmarking 13

Harvard Business Review

DECEMBER 6, 2016

Yet, when the marketing team suggested that Cabot become a certified B Corporation, I was skeptical. “There’s nothing wrong with serving your own interests as well as those of the broader community, but…consumers want to see…a long-term investment in doing the right thing, and doing it successfully,” he says.

Cooper 8

Cooper Benchmarking Reputation Brand 8

HR Digest

FEBRUARY 12, 2024

HRIS or Human Resource Information Systems, are critical aids for the HR team within any given organization. These provide even more efficiency in terms of regulating the workforce. Benefits of an HRIS Systems There are many benefits to using HRIS software within your organization.

Software 52

Software Human Resources Performance Review System 52

Strategy Driven

APRIL 17, 2013

” Marketing can sometimes slip through the cracks given the constant and pressing demands of sales, client service, and internal operations. Benchmark Your Feedback Step 8. Seek to send out a press release once a month (as a long term goal). Design a Prospect Debrief Questionnaire Step 5.

Marketing 50

Marketing Press Release Consultative Brand 50

Harvard Business Review

APRIL 24, 2017

For example, it may be the case that a manager needs to exert a large amount of pressure on a team to get something done by using the power of their position over others. At the other end of this dimension is the broader context, where politics operates at the organizational level. These can evolve into group-level behaviors.

Politics 14

Politics Bureaucracy Long-term Short-term 14

Harvard Business Review

APRIL 1, 2016

And how can companies benchmark themselves against competitors? To benchmark them, the index measures how much companies invest in hardware, software, data, and IT services (whether through outright purchases or contracting with third parties to fill in gaps). But what are the key attributes of a digital leader? First, digital assets.

Industry 8

Industry Benchmarking Supply Chain Health Care 8

Harvard Business Review

NOVEMBER 30, 2017

Over the longer term, there may be greater benefit in identifying which suppliers are core to the business and developing a tighter and more collaborative relationship with them. Any long-term, strategic vision for making U.S. But the challenge is bigger than that. But the future trajectory of U.S.

Supply Chain 8

Supply Chain McKinsey Incentives Bottom-up 8

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

OCTOBER 29, 2012

The reality is that many of them are unable to take such basic steps as setting achievable benchmarks, removing underperformers, collecting useful data, or offering coherent bonus schemes to motivate employees. At our web site , you can quickly benchmark your organization by country and industry on a management-scoring grid.

Management 8

Management Benchmarking Short-term Incentives 8

Harvard Business Review

JANUARY 4, 2018

Disclosure: Jose is long GFNorte; the rest of us do not have GFNorte holdings.). The ABU was set up as a centralized profit center with ambitious targets and with direct reporting to the chief operations officer; most often, similar units are organized as cost centers with no specific targets. Targets and accountability.

Company 8

Company Chief Operating Officer Incentives Project 8

Harvard Business Review

NOVEMBER 8, 2017

Throughout the research, Korn Ferry used our best-in-class CEO benchmark, which comprises typical scores for CEOs (virtually all male) who are in the 99th percentile of work engagement, as a touchstone to highlight similarities and underscore differences for the women in the study. Women harness the power of experts and teams.

CEO 8

CEO Benchmarking Mentor Career 8

Harvard Business Review

DECEMBER 9, 2015

Benchmarking seems to assure leaders that as long as their organization’s performance is 50% of the national average or better, things are okay. In addition, the team should follow a surgical checklist 100% of the time. Create a core team. Have the unit do the work.

Health Care 8

Health Care Benchmarking Process Operations 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

HR Digest

JUNE 24, 2023

Understanding HR Analytics The Evolution of HR Management Over the past century, HR management has undergone a remarkable transformation, evolving from an operational discipline to a strategic function. Optimized HR Operations: HR analytics streamlines HR processes by automating data collection, analysis, and reporting.

Metrics 98

Metrics Trends Compliance Analysis 98

Harvard Business Review

FEBRUARY 23, 2017

The pay ratio is also a misleading statistic because CEOs and workers operate in very different markets, so there is no reason for their pay to be linked — just as a solo singer’s pay bears no relation to a bassist’s pay. The best way to do this is to link pay to the long-run stock price.

CEO 9

CEO Price Long-term Incentives 9

Harvard Business Review

NOVEMBER 29, 2011

Many organizations, she argues, struggle with a "paradox of expertise" in which deep knowledge of what exists in a marketplace or a product category makes it harder to consider what-if strategies that challenge long-held assumptions. billion — not a bad decade. We created a cult brand in a dead business.".

Banking 17

Banking Retail Open-book Creativity 17

Harvard Business Review

DECEMBER 22, 2015

Instead, they are clear-minded about what they do best, developing a solid value proposition and building distinctive capabilities that will last for the long term. Second, many managers assume they should adopt the best practices of their industry and treat external benchmarking as the established path to success.

Execution 8

Execution Strategy Fashion Apparel 8

Harvard Business Review

FEBRUARY 13, 2017

As McGrath and MacMillan explained in their original article, “conventional planning operates on the premise that managers can extrapolate future results from a well-understood and predictable platform of past experience.” Before the venture is launched, decide what success will look like in concrete terms. Define success.

Planning 8

Planning Benchmarking Project Competitive Advantage 8

Harvard Business Review

MAY 29, 2014

And it took a long time and a lot of money before they realized that the project had been barreling along, burning tons of cash, but heading for disaster. Next, we’d force them to articulate the specific operational activities their business needed to carry out in very concrete terms.

Planning 8

Planning Competitive Advantage Strategic Planning Innovation 8

Harvard Business Review

MARCH 25, 2015

Ineffective onboarding has been a systemic challenge for as long as I can remember. Kristin Yetto, SVP HR, eBay, heartily agreed in a recent conversation we had, pointing out “when employees get off on the wrong foot at a corporation, it can have major implications for [their] long-term integration.”

Technology 8

Technology Human Resources Tools Long-term 8

Harvard Business Review

JUNE 27, 2013

In a recent Forrester survey of 100 customer experience professionals, nearly half of respondents said that their executive team''s strategy for customer experience is market differentiation. Forrester defines customer experience innovation as: The creation of new customer experiences that drive differentiation and long-term value.

Innovation 8

Innovation Forrester Business Model Long-term 8

Harvard Business Review

DECEMBER 17, 2014

Our work with dozens of companies teaches us that individuals on the leadership team often have very different targets in mind. So it’s wise to start the exercise by asking all team members to write down their views of your firm’s revenue target. You can also use publicly available industry benchmarks.

Innovation 9

Innovation Company Venture Capitalist Business Model 9