Marshall Goldsmith

FEBRUARY 22, 2011

Strive to win the big battles and don't waste your energy and 'psychological capital' on trivial points. Present a realistic cost-benefit analysis of your ideas--don't just sell benefits. Every organization has limited resources, time, and energy. Be prepared to have a realistic discussion of the costs of your idea.

Influence 135

Influence Ethics Cost-Benefit Analysis Guidelines 135

HR Digest

MARCH 6, 2024

Employees who have seen the number of jobs dwindling and the number of layoffs increasing might convince themselves to hold on to their jobs, but they will continue to struggle to find the energy to do these jobs well. The cost of rehiring and replacing an employee is also quite high.

Strategy 59

Strategy Mentor Creativity Planning 59

Lead Change Blog

JUNE 4, 2019

Joel reflects: “Whether you are hosting an all-day high-potential training or a corporate event, a professional keynote speaker has the power not just to motivate your employees, but also to help you cut costs by improving your people’s efficiency and productivity.” Both are about solid ethics, dignity, and corporate citizenship.”

Leadership Development 205

Leadership Development Development Leadership Follow-up 205

Marshall Goldsmith

APRIL 5, 2011

Strive to win the “big battles” – don’t waste your energy and “psychological capital” on trivial points. Present a realistic “cost-benefit” analysis of your ideas – don’t just sell benefits. Every organization has limited resources, time and energy. Be prepared to have a realistic discussion of the costs of your idea.

Influence 139

Influence Drucker Guidelines Ethics 139

Lead on Purpose

OCTOBER 23, 2009

Following are a few reviews that stand out and provide significant food for thought: “Trust reduces transaction costs; it reduces the need for litigation and speeds commerce; it actually lubricates organizations and societies. They also need to trust that the team members will do what they have committed to do.

Succession 154

Succession Covey Trout Godin 154

Strategy Driven

MAY 25, 2011

When that need isn’t met, our natural response is to focus energy toward a showdown with the perceived threat. And that response is hidden inside ‘business’ behaviors – sandbagging quotas, hedging on stretch goals, and avoiding accountability or commitment. Feeling safe is a primal human need.

Company 62

Company Venture Capitalist Film Reputation 62

Harvard Business Review

AUGUST 22, 2018

One of my clients hired a relatively junior staffer for his moxie, energy, and drive. Watch out for the escalation of commitment — many of us resist “giving up” on a tough situation. Compare those impacts with the cost of replacement and onboarding for a new candidate. You and Your Team Series. Amy Jen Su.

Cost 10

Cost Learning-by-Doing Commitment Proposal 10

Strategy Driven

MAY 25, 2011

When that need isn’t met, our natural response is to focus energy toward a showdown with the perceived threat. And that response is hidden inside ‘business’ behaviors – sandbagging quotas, hedging on stretch goals, and avoiding accountability or commitment. Feeling safe is a primal human need.

Company 50

Company Venture Capitalist Film Reputation 50

Women on Business

JANUARY 24, 2011

We need to decide how to best divide energies—whom to feed first. But commitment guides bravery more than an inherent belief in self-ability! Do what has to be done and don’t waste energy on fear that undermines performance— unless the doubt is a nagging hunch of a wrong direction! Don’t be timid.

Press Release 100

Press Release Discount Sharpe Advertising 100

Harvard Business Review

APRIL 26, 2012

And although the retail giant's green efforts have done a lot to showcase the company's commitment to sustainability, sometimes Walmart gives its critics some legitimate ammo, like the recent revelations and allegations of corruption in its Mexican operations. Of course not. The totality of a company's actions does matter.

Ethics 11

Ethics Short-term Marketing Operations 11

Miles Anthony Smith

AUGUST 7, 2018

Key components of courage include clarity of one’s own values, a deep sense of ethicality, being positively self-critical,being able to let go and move on, resilience to setbacks. Hire people who truly love the work they do so they will bring more creativity and energy to their job, your workplace and to your customers.

Leadership 102

Leadership Self-aware Learning-by-Doing Open-book 102

Harvard Business Review

SEPTEMBER 16, 2015

But how much do these hazards actually cost global companies in emerging markets? The average cost per company over that time has been $1.38 billion, with the cost per incident estimated at $325 million. The average cost per company over that time has been $1.38 Those are the costs. Which are the most costly?

Marketing 8

Marketing Company Compliance Reputation 8

Harvard Business Review

DECEMBER 1, 2010

It wasn't too long ago that corporations were the villains — polluting the environment , exploiting workers , and consuming energy and other resources without concern for long term consequences to the planet. How much energy are you consuming? As Jason Saul argues in his new book Social Innovation Inc. ,

Prahalad 15

Prahalad NGO Long-term Energy 15

Harvard Business Review

MARCH 22, 2018

It begets numerous benefits such as employees’ satisfaction with their jobs and commitment to their companies. They also consider it fair when their evaluations are accurate and are conducted based on ethical and moral principles. Fairness is at the heart of enhancing employees’ work experiences.

Performance Review 14

Performance Review Comparison Review Reference 14

Harvard Business Review

OCTOBER 3, 2013

But, at the end of the day, it is bank leaders and employees who must take the right business, legal and ethical actions under existing law. Manipulation of energy markets. Of course, these institutions are always challenging aspects of regulatory regimes and engaging in disputes about future laws. LIBOR rate rigging.

Banking 8

Banking Management Ethics Letter 8

Harvard Business Review

MARCH 8, 2013

The smartest minds in social innovation are increasingly committed to engaging with the private sector to make significant changes in areas like health, education, and poverty. These kits combine low-cost diagnostics with user-friendly instructions and mobile support services.

Entrepreneur 8

Entrepreneur Porter Team Innovation 8

Harvard Business Review

JULY 21, 2016

In a tragic example, at a Dutch energy supplier that used rigorous, transparent safety standards to deal with toxic waste, employees came to work one day to find the company’s safety officer dead of a workplace accident. Only leaders perceived as moderate in their ethical requests were effective in promoting positive employee behavior.

How To 8

How To Ethics Supply Chain Learning-by-Doing 8

Harvard Business Review

OCTOBER 6, 2011

The perception has been eroding our industry's image and has caused many in our industry to assume that R&D, innovation, and social contribution are unaffordable luxuries in a fiercely cost-based competitive game. We pride ourselves on finding ways (through R&D) to use less energy and water in the production process.

Industry 10

Industry Strategy Supply Chain Long-term 10

Harvard Business Review

SEPTEMBER 15, 2014

To get serious results from a network, you need commitment and a continuity of relationships among the participants. As Linda Hill and her colleagues have described, the company needed expert knowledge as it navigated the technically and ethically challenging waters of pharmaceutical development and marketing.

Gilbert 8

Gilbert Participative Cooper Network Economy 8

Strategy Driven

FEBRUARY 4, 2011

How much further should we extend ethics? Sadly, many of the perpetrators did not see lapses in ethics… it was legal and just business to them. By maintaining an awareness of further changing environments, there are further opportunities to be successful, ethical and move ahead of the competition.

Ethics 61

Ethics Cost Crisis Learning-by-Doing 61

Harvard Business Review

MAY 29, 2014

So far, we’ve replaced 52% of the water we use in making our beverages and reducing water usage across our 800-plus bottling plants helps reduce the overall cost of production. We have also committed to economically empowering 5 million women by 2020. We also have ethical drivers for our sustainability work.

CEO 9

CEO Supply Chain Operations Brand 9

Strategy Driven

DECEMBER 7, 2012

Goal attainment leads to ethical behavior. Cost containment. Motivation and commitment. Goals release energy. Commitments must be made to other people. Achieving goals which one set and to which one commits enhances a person’s sense of adequacy. How to Find Goals: Examine problems. Portfolio analysis.

Strategic Planning 56

Strategic Planning Goal Planning Budgeting 56

Harvard Business Review

JANUARY 29, 2015

As Marco Annunziata , Chief Economist at GE, told me, “We’re no longer selling customers just a jet engine, a locomotive, or a wind turbine; we’re bringing data and actionable solutions along with the hardware to reduce costs and improve performance.” ” Integrating with the Mother Ship.

Software 8

Software Six Sigma Insourcing P&L 8

Strategy Driven

SEPTEMBER 2, 2011

Position your request as an investment, not a cost. Base Budgets on Value… Not on Cost. Readily measurable values: Time and cost of product development-service delivery cycles. Inventory costs. Cost the benefits of the improved cash flows and diagram the improved work flows that contribute to them.

Budgeting 50

Budgeting Planning Strategic Planning Competitive Advantage 50

Strategy Driven

JULY 17, 2015

At all costs, fight change.in Addictive organizations show frozen feelings and ethical deterioration. Commitment from workers drops because no corporate culture was created or sustained. The Big Picture of Business – Doing Your Best Work on Deadlines: Mobilizing the Energy for Best Business Success. Stubbornness.

Self-aware 50

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

Strategy Driven

OCTOBER 7, 2011

Goal attainment leads to ethical behavior. Cost containment. Motivation and commitment. Goals release energy. Commitments must be made to other people. Achieving goals which one set and to which one commits enhances a person’s sense of adequacy. How to Find Goals: Examine problems. Portfolio analysis.

Goal 51

Goal Strategic Planning Benchmarking Budgeting 51

Harvard Business Review

JUNE 20, 2016

Remember the public shaming – and heavy sentences — heaped on Enron and Worldcom for their accounting (and more importantly, ethical) failures? More costly, however, is diverting resources to overcorrect near-term headaches at the expense of the time and energy needed to plan for the long term. It’s not surprising.

Benchmarking 8

Benchmarking Company Short-term Long-term 8