N2Growth Blog

OCTOBER 27, 2019

We have created legions of risk managers posing as leaders, when what we need are more leaders who understand how opportunity adds value, shapes culture, attracts talent, and brings about transformative change. Be careful however not to fall into the trap of “me too” innovation – don’t copy; create.

Due Diligence 167

Due Diligence Metrics Competitive Advantage Rogers 167

The Horizons Tracker

OCTOBER 14, 2019

Welcome though such services are, given the important role startups play as the engine of economic growth and innovative output, it seems now is the time for governments to get their act together and reform a visa process that is currently denying startups access to the talent they need to grow. ” Supporting startups.

Banking 70

Banking Policies Innovation Engineering 70

CEO Insider

FEBRUARY 10, 2022

When you make everyone feel as though they belong and avoid creating unnecessary divisions, you open the doors to communication, cooperation, innovation, and motivation. The most important thing an Enlightened Leader can do is to view people as individuals and, in turn, respect who they are and what they’re all about.

Cooper 100

Cooper Magazine Leadership Motivation 100

N2Growth Blog

MAY 16, 2010

If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable. It will be interesting to see if the next round of Google innovation will be as successful as the beauty of their initial simplicity.

Business Model 344

Business Model Brand Blog Supply Chain 344

Skip Prichard

NOVEMBER 15, 2019

Tactical agility enables employees at all levels to take smart risks, capture opportunities, improvise and innovate as they execute a clear strategy. How do organizations with a culture of agility handle risk differently than others? Risk management is now a fully-developed rich scientific discipline.

Agility 92

Agility How To Decentralization Morale 92

Harvard Business Review

MAY 23, 2012

The recent disclosure of a multi-billion dollar trading loss at JPMorgan Chase reminds us again of the challenge and complexity of risk management, the subject of our June 2012 HBR article, "Managing Risks: A New Framework." Each requires customized risk management processes.

Risk Management 9

Risk Management CIO Management Banking 9

Strategy Driven

DECEMBER 15, 2015

EnableSoft ‘s Foxtrot application is one example of an RPA software that enables organizations to perform internal application integration, risk management, and even data analytics. Drive Innovation. In an ever-changing, dynamic market, businesses must be able to brand themselves as unique by constantly innovating.

Strategy 50

Strategy Outsourcing Process Technology 50

Harvard Business Review

JULY 24, 2012

But a better starting point is to think about what gets in the way of innovation , especially in firms that already have lots of talented, creative, and motivated people. In other words, by identifying and removing barriers, it might be possible to accelerate innovation simply by leveraging the capability that's already there.

Innovation 15

Innovation Short-term Incentives Maturity 15

Harvard Business Review

SEPTEMBER 21, 2018

Corporate directors and executives alike recognize that today’s pace of change continues to accelerate and that firms need to innovate to stay ahead. But are boards doing enough to support innovation, as they should? We found that, overall, innovation does not rank as a top strategic challenge for the majority of boards.

Innovation 8

Innovation Short-term Telecommunications Long-term 8

Michael Lee Stallard

JUNE 18, 2010

Jim Goodnight, co-founder and CEO of SAS Institute, is not one of them. He spoke of using parallel processing, a form of artificial intelligence, to create new solutions that address thorny risk management issues faced by financial services institutions such as banks and insurance companies. why is everyone smiling?

Conference 261

Conference Bottom-up Software Long-term 261

Harvard Business Review

DECEMBER 20, 2016

Innovation is critical in a knowledge economy — driving growth, new products, and new methods of delivering value to customers. According to PwC’s 2015 study on Global Innovation , U.S. And yet, despite its importance, innovation is a difficult quality to cultivate both in leaders and in organizations.

Innovation 8

Innovation Skills CEO Learning-by-Doing 8

Harvard Business Review

JULY 28, 2016

companies, the guidelines contain helpful (although not entirely novel or innovative) recommendations such as compensating outside directors with stock, giving non-executive directors unfettered access to management, and discouraging the practice of earnings guidance. Intended to strengthen corporate governance at U.S.

CEO 8

CEO Groupthink Sharpe Committee 8

Harvard Business Review

SEPTEMBER 10, 2012

We are often asked whether the best way to structure for innovation is top-down or bottom-up. Bottom-up approaches work well for incremental (keeps you in the game) innovations. Breakthrough (changes the game) innovations, contrary to popular belief, need a top-down approach. The risks-rewards are relatively low.

Process 15

Process Innovation Stage-Gate Net Present Value 15

Harvard Business Review

OCTOBER 25, 2016

This is the safe route: stick with what you know but tell the public you are innovating, hoping they won’t notice you’re doing nothing of the sort. But Avaya CEO Kevin Kennedy saw the deeper problem behind Avaya’s NPS score and knew radical change was necessary. Avaya embraced innovation as a risk management exercise.

Agility 8

Agility Innovation Metrics Middle Management 8

Harvard Business Review

MARCH 4, 2013

Backed up orders, lost revenue, angry customers, reputational injury and the success of the innovative 787 all turn on resolution of this dramatic problem. In structuring relationships with third party suppliers, there can often be complex negotiations, and complexly worded documents, apportioning legal and economic risk.

CEO 8

CEO Outsourcing Supply Chain Reputation 8

Harvard Business Review

JANUARY 27, 2017

Charismatic CEOs enjoy leading and inspiring people, so they don’t like delegating critical business decisions to smart algorithms. At some of the world’s most successful enterprises — Google, Netflix, Amazon, Alibaba, Facebook — autonomous algorithms, not talented managers, increasingly get the last word.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Strategy Driven

NOVEMBER 6, 2015

It is important to identify swings and trends so that innovation can remain a strength of your business. CEO accepts and ideas and philosophies with employees and stakeholders. You never know when the next big recession will hit. Instill discipline. This is often an unpopular issue but this is a critical matter. The Big Picture.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Owning up to our own behavioral biases is a worthwhile starting point to discussing the problem of managing infrequent, severe events. Start-ups are particularly at risk today because of both their size and age.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

NOVEMBER 9, 2012

Better insight from customers can drive serious growth in your company, at least according to a recent study by IBM of over 1700 CEOs. Gene Morphis, former CFO of CVS and David's Bridal suggests: "There is an interesting intersection between risk management and innovation that emerges in the CMO-CIO interface."

CIO 8

CIO Chief Information Officer Norton Technology 8

Harvard Business Review

OCTOBER 15, 2015

Testifying unhappily before America’s Congress, Volkswagen of America CEO Michael Horn adamantly and defiantly identified the true authors of his company’s disastrous “ defeat device ” deception: “This was not a corporate decision. No wonder Chairman and CEO Martin Winterkorn had to resign.

Engineering 8

Engineering Management Software Review 8

Harvard Business Review

FEBRUARY 29, 2012

This idea of prospect theory, developed by Tversky and Kahneman and reported in a classic 1979 article (for which the Nobel prize was awarded) demonstrated that individuals do not make decisions rationally by selecting options with the highest expected value, because they are risk-averse and 'losses loom larger than gains.'.

Kahneman 14

Kahneman Tversky Company Innovation 14

Harvard Business Review

JUNE 27, 2012

We caught up with him at his New York office to talk about the opportunity in risky environments and what CEOs can do to encourage everyone in their organizations to remain creative and keep pushing the envelope — without going too far. Within our organization, we want everyone to be innovative; we want them to challenge the status quo.

Long-term 11

Long-term Short-term Brand Uncertainty 11

Harvard Business Review

JULY 9, 2014

One possible reason is that the financial crisis and the recessionary period that followed have driven corporations to skew their board appointments towards including more risk management and conventional corporate experience, at the expense of more tech-savvy and digital knowledge.

Business Model 8

Business Model Technology Long-term Risk Management 8

Harvard Business Review

JUNE 18, 2013

As importantly, an effective cybersecurity framework has to overcome barriers to continued economic growth — creating an environment that protects and nurtures innovation. Communicate: Government regulation and corporate risk management activity is at a high level. Government Information & technology Risk management'

Cooper 8

Cooper CIO Risk Management Telecommunications 8

Harvard Business Review

APRIL 10, 2014

Just 41% of FOB directors said their boards had an effective CEO succession planning process (vs. Perhaps the most telling finding, however, was that 63% of FOB directors said CEO succession was not discussed regularly at the board level. Succession. 56% of non-FOB directors). The good news is this can be fixed.

FOB 8

FOB Diversity Talent Management How To 8

Harvard Business Review

AUGUST 20, 2013

Leaders equate risk with potential failure, so organizations have morphed into hierarchical, fixed systems to constrain variability within an acceptable range that has become progressively narrower. Understanding Risk. Risk is a necessary feature of innovation. This loss aversion prevents taking appropriate risks.

Dunning 8

Dunning Project CTO Innovation 8

Harvard Business Review

MAY 28, 2013

Not innovation, risk management, technology, debt, or the regulatory environment. Corporate directors identified talent management as their single greatest strategic challenge. We know that organizations commit enormous resources and effort to talent management, so why aren''t they doing a better job?

Talent Management 8

Talent Management Company Telecommunications Management 8

Harvard Business Review

MARCH 8, 2012

Some countries have been highly innovative in this area. Given their competitive personalities and the highly personal nature of pay, many CEOs may resist any attempt to reduce the quantum of remuneration. company had to repeatedly urge the CEO to accept what they felt was a well-earned bonus.

Execution 9

Execution Committee Incentives Hedge 9

Harvard Business Review

JUNE 5, 2013

And then there''s politics: every politician wants to champion the "innovation" and growth aspects of the Internet, and there''s little to gain from highlighting what a dangerous place it really can be. Does Your CEO Really Get Data Security? Government Information & technology Risk management'

Supply Chain 8

Supply Chain Engineering Information Technology System 8

Harvard Business Review

MARCH 21, 2011

That's my management tip for today. Andy Grove, Intel's legendary former CEO, famously touted the virtues of paranoia as a leadership asset — running scared about imagined enemies or competitors. A gradual accumulation of innovations, however small, prepares any system to respond rapidly to crises or demands for change.

Benchmarking 14

Benchmarking Health Care Loyalty Construction 14

Harvard Business Review

APRIL 3, 2015

To gain more insights into a specific firm, investors have shown more interest in intangibles like strategy, brand, innovation, systems integration, collaboration, and so on. Some focused on personal leadership style of the CEO, others on compensation or training practices, and still others on organization governance and design.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8

Harvard Business Review

FEBRUARY 9, 2015

Nor am I a fan of its pugnacious approach even to regulations as outdated as those governing the taxi industry — what CEO Travis Kalanick has called Uber’s stance of “principled confrontation.” Business law Regulation Disruptive innovation Growth strategy Transportation'

Reputation 8

Reputation Disruptive Innovation Letter Transportation 8

Harvard Business Review

JUNE 6, 2012

One innovative portfolio-management technique the mission employed was a novel free-market resource-allocation concept drawn from the field of economics. The teams that lead projects might be the most valuable asset a company has, and they must manage those assets carefully. MORE ON MANAGING RISKY BEHAVIORS.

Project 15

Project Survey Budgeting Conflict of Interest 15

Harvard Business Review

JUNE 6, 2012

One innovative portfolio-management technique the mission employed was a novel free-market resource-allocation concept drawn from the field of economics. The teams that lead projects might be the most valuable asset a company has, and they must manage those assets carefully. MORE ON MANAGING RISKY BEHAVIORS.

Project 12

Project Survey Budgeting Conflict of Interest 12

Harvard Business Review

MARCH 23, 2011

Old efficiency thinking based on engineering and rational market models needs to be replaced by a creative intelligence based on imagining, building and managing new futures. A former assistant managing editor for Business Week , he is professor of Innovation and Design at Parsons The New School for Design.

Uncertainty 13

Uncertainty Supply Chain Scenario Planning Sharpe 13

Harvard Business Review

MAY 8, 2013

Mark Lewis was the CEO. The CEO was known for running a tight ship. Think about it from a risk management perspective, Annabel. I worry that if we gobble the company up and treat it like a business unit, we won''t innovate on our existing model.". What are you going to tell the CEO?". Henry rolled his eyes.

Case Study 8

Case Study Brand How To Beyer 8

Harvard Business Review

JUNE 16, 2015

And everyone will need a Chief Resilience Officer, although that should really be the CEO. They could work with their supply chain partners to innovate and improve the resilience of the whole chain. Real estate or hospitality companies with major coastal assets may want a Sea Level Rise Officer.

Constraint 8

Constraint Supply Chain Resources Operations 8