Harvard Business Review

MARCH 22, 2018

Over the last decade, industries, academics, and the public sector have turned their focus toward culture and ethics in response to the financial crisis as well as misconduct at a broad range of corporations. But this can also impose costs on people not directly connected to the company. naqiewei/Getty Images. Externalities.

Company 10

Company Banking Incentives Human Capital 10

Harvard Business Review

DECEMBER 20, 2016

election and Brexit are only the most recent examples of the pervasive, burgeoning importance to corporations of business-in-society issues. In virtually every country across the globe, a broad range of governmental and ethical issues directly and immediately shape what companies can and cannot do. But the U.S.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

NOVEMBER 28, 2018

Companies have long been required to issue audited financial statements for the benefit of financial markets and other stakeholders. That’s because — like algorithms — companies’ internal operations appear as “black boxes” to those on the outside.

Ethics 11

Ethics Report System Sample 11

Harvard Business Review

JULY 25, 2016

Commentators and researchers have focused on the crucial role of the CEO in leading effective corporate action to promote high performance, high integrity , and sound risk management. Also, the GC now often leads units beyond the legal department, such as public affairs, taxes, and environment.

CFO 8

CFO Chief Financial Officer Compliance Due Diligence 8

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. Are these huge major financial institutions not just too big to fail, their leaders “too big to jail” (as some critics charge), but also “too big to manage”?

Banking 8

Banking Management Ethics Letter 8

Harvard Business Review

OCTOBER 10, 2017

Bernstein studied assembly-line performance at a company he called “Precision.” Precision made it easy for managers to oversee their employees. Every spot on every line was visible to managers. However, most companies measure only tactical performance. The Strategy Trap Successful Companies Fall Into.

Organization 10

Organization Tactics Call Center Metrics 10

Harvard Business Review

SEPTEMBER 26, 2014

By Focusing on Resilient Risk Management Ebola Battlers Can Learn from Venice's Response to Black Death NPR Every now and then, a story comes along that makes us editors say, "Why didn''t we think of that?" This all comes down to what the article’s authors call resilient risk management.

Management 8

Management Risk Management Finance Real Estate 8

Harvard Business Review

JUNE 13, 2012

As a recent example, a simple background check would have saved the Yahoo board the trouble of ousting Scott Thompson , the company's fourth CEO in five years, because he falsely claimed a computer science degree. A growing number of companies also conduct behavioral and honesty testing to screen employees. Set clear policies.

Management 12

Management Banking Committee Risk Management 12

Harvard Business Review

AUGUST 10, 2018

Companies are cutting supply chain complexity and accelerating responsiveness using the tools of artificial intelligence. Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking. alashi/Getty Images.

Supply Chain 8

Supply Chain Technology System Engineering 8

Harvard Business Review

JUNE 7, 2013

I was astounded when he said "safety" rather than, for example, "quality of education." Here are some considerations for managers that have been on my mind: Recognize that we have widely different thresholds beyond which we begin to feel unsafe. Otherwise, companies run the risk of people being resentful, anxious, or distracted.

Cost 15

Cost Uncertainty Risk Management Transportation 15

Harvard Business Review

OCTOBER 12, 2011

In the torrent of commentary following Steve Jobs' death, few have noted that his career and his company say something profound in the endless debate about the purpose of the corporation. Martin's manifesto is: "We must shift the focus of companies back to the customer and away from shareholder value. But this is at it should be.

Short-term 14

Short-term Rogers Long-term Price 14

Harvard Business Review

JANUARY 12, 2018

The Risks and Rewards of AI. If AI-guided investing can work for a person, can it also work for a company? Companies are both operators and investors. Research by McKinsey shows that US companies allocate about $650B a year across all their activities—be it financial, physical, human, intellectual, or customer capital.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

DECEMBER 2, 2011

The pay for CEOs is many multiples of the companies' average pay today — e.g. 63 times at BP and 74 times at Barclays (four or five times greater than 30 years ago). Moreover, increases in pay for the FTSE 350 occurred at a much faster rate than increases in company profits or share price. The multiple for U.S.

Politics 13

Politics Execution Report Risk Management 13

Harvard Business Review

MAY 31, 2012

Top executives systematically swept the company's misdeeds under the rug despite stern advice from its general counsel and internal investigator. Boards of Directors must express their commitment to a zero-tolerance policy toward corruption in the form of a formal Codes of Ethics or Conduct. Take Wal-Mart, for example.

Execution 11

Execution Retail Report Policies 11

Harvard Business Review

DECEMBER 2, 2016

election mean for businesses is a fact that’s getting too little attention, but that CEOs and business leaders will definitely need to adjust to: it’s gotten much harder to keep your company’s secrets. It means we are moving into an era in which every company and organization must expect that secrets will get out.

Competitive Advantage 8

Competitive Advantage PR Information Fashion 8

Harvard Business Review

DECEMBER 20, 2010

So do most lawyers at major companies, where top hires from competitors are common and clever information-gathering on the golf course is a way of life. In a recent ethics survey, Fuld & Company asked competitive analysts from more than 100 large firms worldwide to gauge their potentially risky information-collection behavior.

Competitive Intelligence 14

Competitive Intelligence Guidelines Survey Information 14

Strategy Driven

APRIL 4, 2014

Any company or organization is like a tree. None of the limbs and twigs on each branch (staff-consultants) provide all nourishment required to breed a healthy tree (company). Of the companies who continue to operate without a plan, 40% of them will be out of business in the next 10 years. 35% of employees steal from the company.

Budgeting 82

Budgeting Succession Consultative Crisis 82

Strategy Driven

AUGUST 1, 2014

Failing to make investments in future company success: I’m building a new house right now. Ethics and standards… those are for chumps. By responding realistically and with an eye toward company improvement, you’ll be doing colleagues a service. Examples: This company reflects the character of its CEO.

Budgeting 75

Budgeting Risk Management Quality Strategic Planning 75

Harvard Business Review

APRIL 3, 2015

For example, consider the Economist ’s Big Mac index , which measures the cost of a Big Mac in various countries in terms of its difference from the average Big Mac price in the United States. intellectual, emotional, social, physical, and ethical behaviors)? An index guides investors to make more informed choices.

Marketing 8

Marketing Leadership Venture Capitalist GAAP 8

Harvard Business Review

JUNE 11, 2014

You just changed jobs from a highly structured, corporate company to a much more casual environment. Zappos is getting rid of traditional management structures and even job titles. If you’re entering such a company from a more rules-driven company, do you have to change – and how much? What the Experts Say.

Process 8

Process P&L Case Study Software 8

Harvard Business Review

JULY 17, 2017

I seldom, if ever, hear that apologetic tone from students choosing technology companies or consulting. To give one example of this, in 2016 18% of Harvard undergraduates and 28% of Harvard MBAs went directly into finance, while 29% of the undergraduates of Ohio State’s Fisher College of Business did.

Finance 8

Finance Insurance Career Reputation 8

Harvard Business Review

FEBRUARY 27, 2013

I had run that group of stories through so many filters to ensure I was capturing everything in a balanced way — age, size of company, industry, geography. The trouble is that historically risk-taking has been framed so narrowly that it skews our perceptions. I looked at Jill and said, "How in the world did this happen!?"

Stress 8

Stress Open-book Consultative Learning-by-Doing 8

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? This is not surprising: Growing regulation, increased investor focus on governance issues, and scary new categories of corporate risk (e.g. It’s not surprising.

Benchmarking 9

Benchmarking Company Short-term Long-term 9

Harvard Business Review

JANUARY 10, 2013

This escalation illustrates a significant change: highly expensive scandals across business sectors , not just in single companies, and this is reflected in the January 7th agreement by major banks to pay $8.5 In the past, some multi-company problems have been due to introduction of a detailed regulation or to a change in enforcement policy.

Finance 8

Finance Banking Press Release Pharmaceuticals 8

Harvard Business Review

FEBRUARY 4, 2013

As Paul Barrett details in a cover story in the latest Bloomberg Businessweek , some of the same plaintiffs' lawyers that successfully took on asbestos manufacturers and tobacco companies are now targeting the NFL, accusing it of long covering up the risk of severe brain injuries to players.

Sports 8

Sports Entrepreneur Politics Reference 8